Balder acquires SAS Radisson Blu, Lindholmen in Gothenburg

Balder (publ) acquires the property Lindholmen 39:2 in Gothenburg from Skanska for approximately SEK 420 million. The property has a total lettable area of ​​approximately 13,299 sq.m. and consists of 265 hotel rooms. The hotel will be operated under the brand SAS Radisson Blu. The building will be certified under the LEED environmental classification system with the aim to obtain the gold level.

"Skanska has completed a fantastic job with the construction of this landmark in Gothenburg, which will fit very well into Balder´s property holdings in Gothenburg”, CEO Erik Selin

  
  
For additional information, please contact
CEO Erik Selin, telephone +46 706 074 790 or
Head of finance Marcus Hansson, telephone +46 768 369 848

      
This information is such that Fastighets AB Balder (publ) may be obliged to disclose according to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information has been published at 08.30 a.m. on 23 May 2013.

    
Fastighets AB Balder is a listed property company which shall meet the needs of different customer groups for premises and housing based on local support. Balder’s real estate portfolio had a value of SEK 22.5 billion as of 31 March 2013. The Balder share is listed on NASDAQ OMX Stockholm, Mid Cap segment.

Fastighets AB Balder (publ)
Box 53121, 400 15 Gothenburg
Tel. +46 31 10 95 70
Corp. identity no. 556525-6905, Registered office Gothenburg
www.balder.se