Klövern has acquired an office property in the central part of Copenhagen for an underlying property value amounting to DKK 1,440 million. The property, which has a lettable area of approximately 31,000 sq.m. and around 10,000 sq.m. of garage space, is almost fully let, with Codan being an anchor tenant.

Klövern is reporting solid earnings for 2017. Profit before tax of SEK 3,211 million corresponds to an increase of 17 per cent. We have continued our work on focusing the property portfolio on the strongest growth regions. During the year, we have carried out transactions involving 81 properties and since the half-year stage of 2016 we have sold 66 properties, at the same time as we have acquired 57 properties and kept a continued high pace in project development.

The Offer will not, and this press release may not be distributed, directly or indirectly, forwarded or transmitted to, from or within, and no acceptance forms will be accepted by shareholders or anyone else on behalf of the shareholders in especially Australia, Hong Kong, Japan, Canada, New Zealand, South Africa, Singapore, Switzerland, Taiwan, Brazil or USA (including District of Columbia), or any jurisdiction in where the submission of the Offer...

Klövern has successfully issued senior unsecured bonds in the total amount of SEK 1,500 million under a framework amount of SEK 2,500 million. The bonds have a tenor of approximately three years and a floating interest rate of three-months STIBOR + 350 basis points with final maturity in February 2021.

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.