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Klövern AB (publ): Klövern acquires in central Stockholm for SEK 340 million

Klövern acquires the site leasehold to the property Orgelpipan 4 from AxFast.
The acquisition is Klövern's first in the central part of Stockholm and
comprises a development property which is intended to be developed into a
modern office- and retail property.

The property, which is situated close to Stockholm Central Station, has a
lettable area of around 4,500 sq.m. and is almost fully let. The largest
tenants are Electrolux Home, Svea Ekonomi and Snowfall. The rental value
amounts to SEK 19 million.

This is a very exciting project in the heart of Stockholm where we will be a
part of the transformation of Klarabergsgatan and the area between Sergels
Torg and Stockholm Central Station", says Klövern's CEO Rutger Arnhult.

Transfer of possession will be on 5 April.

Klövern AB (publ)

For additional information:

Rutger Arnhult, CEO, +46 70-458 24 70,
Lars Norrby, IR, +46 76-777 38 00,

Klövern is a real estate company committed to working closely with customers
to offer them efficient premises in Swedish growth regions. Klövern is listed
on Nasdaq Stockholm. For further information, see

Klövern AB (publ), Bredgränd 4, 111 30 Stockholm. Phone: +46 8-400 500 50.

This information is such that Klövern AB (publ) is obliged to disclose under
the Securities Market Act and/or the Financial Instruments Trading Act. The
information was made available for publication on 2 February 2016.

Klövern acquires in central Stockholm for SEK 340 million


This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Klövern AB (publ) via Globenewswire


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