Corem has signed contracts to divest three properties in Växjö and three properties in Jönköping to Emilshus for a total underlying property value of SEK 615 million.

The properties divested in Växjö are Fläkten 11, Fläkten 14 and Fabriken 1. These have a lettable area of approximately 21,000 sq.m and consist of premises for offices, education and industry. After these divestments Corem has no properties in Växjö.

The properties divested in Jönköping are Hedenstorp 1:99, Hedenstorp 2:41 and Ulvö 8. These have a lettable area of approximately 20,600 sq.m. and consist primarily of premises for offices, warehousing and industry.

"This transaction is an additional step in the streamlining of Corem, at the same time as we free up capital for other investments", says Peeter Kinnunen, Head of Transactions at Corem.

Transfer of possession is planned to be on 1 September 2022.

Corem Property Group AB (publ)


FOR FURTHER INFORMATION, PLEASE CONTACT
Eva Landén, CEO, +46 10 482 76 50, eva.landen@corem.se
Peeter Kinnunen, Head of Transactions, +46 76 855 67 03, peeter.kinnunen@corem.se
Lars Norrby, IR, +46 76 777 38 00, lars.norrby@corem.se

Corem Property Group AB (publ)
Address: P.O. Box 56085, SE-102 17 Stockholm
Visitors: Riddargatan 13 C
Reg.no: 556463-9440
www.corem.se

This press release is in all respects a translation of the Swedish original press release. In the event of any discrepancies between this translation and the Swedish original, the latter shall prevail.

Corem Property Group is one of the Nordic countries' leading real estate companies that in a sustainable way owns, manages and develops commercial properties in urban and growth areas. Corem Property Group is listed on Nasdaq Stockholm, Large Cap.

https://news.cision.com/corem-property-group/r/corem-divests-six-properties-in-vaxjo-and-jonkoping-for-sek-615-million,c3587433

https://mb.cision.com/Main/9683/3587433/1594223.pdf

(c) 2022 Cision. All rights reserved., source Press Releases - English