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Klövern is also reporting strong earnings for the second quarter of 2019. High net moving-in continues to contribute to increased income and positive changes in value in the property portfolio.

Klövern divests a part of the property Fyrislund 6:6 in Uppsala Business Park for an underlying property value of SEK 258 million.

Klövern divests 21 properties in Örebro, Malmö, Haninge and Växjö for a total underlying property value of SEK 1,570 million. The properties´ lettable area amounts to approximately 123,000 sq.m. and consists primarily of premises for warehouse/logistics. The rental value amounts to SEK 140 million and the economic occupancy rate amounts to 93 per cent.

After registration of the share issue, Klövern’s ownership, through Dagon, amounts to approximately 92.4 per cent of the share capital and approximately 93.0 per cent of the votes in Tobin Properties.

Klövern has signed a contract at an initial amount of USD 22.6 million, corresponding to SEK 215 million, for a site leasehold in Manhattan with the address 118 10th Avenue.

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 attractive premises in 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 and in Copenhagen. 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.