Year-end report

Record profit with continued expansion

Klövern reports a record result for 2016. Profit from property management showed strong development while continued positive changes in value contributed to the good result. Profit before tax increased to SEK 2,756 million, to be compared with the preceding year’s record profit of SEK 2,541 million.
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Klövern reports a record result for 2016. Profit from property management showed strongdevelopment while continued positive changes in value contributed to the good result. Profit beforetax increased to SEK 2,756 million, to be compared with the preceding year’s record profit of SEK2,541 million.

Klövern acquires the property Klädeshandlaren 15 in Nyköping. The underlying property value amounts to SEK 190 million. The property is also known as the Nyckeln mall and is situated along the main shopping street in the central part of Nyköping. The property's lettable area amounts to 12,225 sq.m. of office and retail space.

Klövern has signed a 5-year contract with Tieto regarding over 2,900 sq.m in the unique office building Skeppet which is now being constructed right next to the water in Inre Hamn, Karlstad. Moving in is estimated to be in October 2017.

Klövern continues to streamline the portfolio by divesting 4 properties in Säter and 12 properties in Karlskrona for a total of SEK 850 million. After these divestments Klövern will not own any properties in Säter and Karlskrona. Klövern has also divested the properties Köpmannen 4 in Hässleholm and Briggen 3 in Västerås for a total of SEK 44 million. Transfer of possession was on 30 November and 1 December 2016, respectively. The properties have a total lettable area of around 7,000 sq.m. Furthermore, Klövern has acquired the property Majorna 220:5 in Gothenburg for SEK 150 million.

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.