Corem has signed an agreement to divest a portfolio of five properties in Halmstad for a total underlying property value of SEK 290 million.
The total leasable area amounts to approximately 11,700 sq.m. and consists mainly of premises for offices and warehouses. The rental value amounts to SEK 24.5 million and the economic occupancy rate amounts to approximately 89 percent.
The properties are planned to be transferred on 1 April 2025.
"The sale provides a geographical refinement of our property portfolio and frees up capital for new business opportunities. With this sale, Corem leaves Halmstad, which has been our smallest business unit," said Peeter Kinnunen, Transaction Manager at Corem.
The properties being divested are:
Järnvägen 3, Halmstad 2:49, Orkanen 1 & 2 and Fotbollen 17.
Walthon Advokater has been Corem's legal advisor in the transaction.
Corem Property Group AB (publ)
FOR FURTHER INFORMATION, PLEASE CONTACT
Rutger Arnhult, CEO, +46 70 458 24 70, rutger.arnhult@corem.se
Peeter Kinnunen, Head of Transactions, +46 76 855 67 03, peeter.kinnunen@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.