Balder acquires a property portfolio in Finland

Balder has, from Glitnir Bank Luxembourg, acquired a property portfolio comprising eight retail properties in Finland.

The properties are located in four different cities and covers approximately 65,000 sqm of lettable area consisting grocery business, building materials, etc. The portfolio value is approximately SEK 600m and the largest tenants are Kesko and S-Group.

"We are pleased to have taken the first step in the Finnish real estate market and to invest in a portfolio that provides a very good return," CEO Erik Selin.

 
For further information, please contact:
CEO Erik Selin, tel. +46 706 074 790 or
Head of Finance Marcus Hansson, 0768-36 98 48

 
Balder discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication on 19 May 2014 at 13.30. CEST

 
Fastighets AB Balder is a listed real estate company which shall meet the needs of different customer groups for premises and housing through local support. Balder's real estate portfolio had a value of SEK 29.1 billion as of 31 March 2014. The Balder share is listed on NASDAQ OMX Stockholm, Mid Cap segment.

Fastighets AB Balder (publ)
PO Box 53121, 400 15 Gothenburg
Tel: +46 31 10 95 70
Corporate Identity No. 556525-6905, Registered office Gothenburg
www.balder.se

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