Interim report January-September

Continued good development of earnings

Klövern’s development of earnings continued to be strong during the third quarter and profit from property management increased by 11 per cent.

Klövern AB (publ) ("Klövern") issued a bond loan with ISIN SE0004868453 on 19 October 2012 (the "Bond Loan"). Klövern hereby irrevocably gives notice that it will redeem outstanding bonds of SEK 430 million under the Bond Loan.

Klövern AB (publ) has successfully issued senior unsecured bonds in the total amount of SEK 1,500 million under a framework amount of SEK 1,500 million. The bonds have a tenor of four years and a floating interest rate of three-months STIBOR + 390 basis points with final maturity in November 2020 (the "New Issue Transaction"). The issue proceeds will mainly be used for general corporate purposes, including acquisitions and refinancing of Klövern's outstanding January 2017 bonds. Klövern will apply for the new bonds to be listed on Nasdaq Stockholm's Corporate Bond List.

The nominations committee consists of five members, of which one member is the Chairman of the board.

Klövern acquires 21 properties in Malmö and 7 properties in Lund for SEK 910 million. Of these in total 28 properties, 9 are site leaseholds. The property portfolio encompasses in total 114,000 sq.m. of lettable area, whereof Malmö accounts for 88,000 sq.m. and Lund 26,000 sq.m.

Klövern gives you

Local presence

With our own staff at our units, we can provide tenants with fast service and have good knowledge of the market. Only by having close contact can we anticipate tomorrow’s needs.

Own management

Klövern is a real estate company offering customers efficient premises in selected growth regions with closeness and commitment. Management takes place in-house and with local commitment.

A broad range of premises

With our geographical distribution, we can offer premises at a number of locations in Sweden. We have a broad range of properties in the form of office, warehouse and industrial premises.

Sustainable concept

For Klövern, sustainable development means taking responsibility for the long-term economic, environmental and social results of how we put into practice our business concept and our values in operations.