Balder acquires property and building right in central Gothenburg

Fastighets AB Balder (publ) acquires the property Lorensberg 55:15, which contains 38,000 square meters of hotel, retail and offices along Kungsportsavenyn in central Gothenburg. The largest tenants are Scandic, Coop, HM, KappAhl, Intersport among others. The property is environmentally certified according to Miljöbyggnad Gold. The property will be taken over during the fourth quarter of 2019.

Balder also acquires a building right in central Gothenburg that enables the construction of approximately 290 apartments comprising a gross floor area of 23,000 square meters. We expect that construction will begin in 2020 and be completed in 2022-2023.

Seller is Skandia Fastigheter.

For further information, please contact
CEO Erik Selin, tel. +46 706 074 790 or
Head of Finance Marcus Hansson, tel. +46 768 369 848

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 129.2 billion (109.7) as of 30 June 2019. The Balder share is listed on Nasdaq Stockholm, Large Cap. 

Fastighets AB Balder (publ)
PO Box 53 121, 400 15 Gothenburg
Tel: +46 31 10 95 70
Corporate Identity No. 556525-6905, Registered office Gothenburg
balder.se