State Bank of India : Klövern acquires properties for SKr230m

Klövern has acquired three properties in V�¤ster�¥s for a total purchase price of SKr230m. In central V�¤ster�¥s the property Livia 16 has been purchased, consisting of modern office facilities with a lettable area of around 5,900 sq.m. Transfer of possession will be on 3 March. In the Erikslund part of V�¤ster�¥s the properties Traversföraren 1 and Kranlinan 1 have been acquired, consisting of some 7,500 sq.m. of retail/warehouse space. Transfer of possession will be on 30 January. In addition, during the month of December the site leasehold Skonerten 2 in V�¤ster�¥s has been divested. Transfer of possession will be on 2 March. On 8 December transfer of possession took place of the property Köpmannen 5 in V�¤ster�¥s, a SKr175m acquisition previously communicated by Klövern. The tenants Systembolaget, Willys and Rusta have moved in and Klövern is working on letting the remaining area of the property. Chief executive Rutger Arnhult said:"It is gratifying that we have good growth, with modern office and retail facilities, in one of our prioritized cities." Story provided by StockMarketWire.