M&A Activity • May 9, 2012
M&A Activity
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PRESS RELEASE 9 May, 2012
Balder has acquired the retail property Lorensberg 46:5 on the Avenue in Gothenburg for SEK 40 million. The acquisition is made in company form.
The lettable area is approximately 1,000 square meters .The transfer has taken place.
The investment is in line with Balder's strategy to expand the commercial portfolio in attractive locations in Stockholm, Gothenburg and Öresund region.
For further information, please contact: CEO Erik Selin, tel. +46 706 074 790 or Director of Economy Magnus Björndahl, tel. +46 735 58 29 29
Balder discloses the information provided herein pursuant to the Swedish Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The information was released for publication on 9 May, 2012 at 13.30.
Fastighets AB Balder (publ) PO Box 53121, 400 15 Gothenburg Tel: +46 31 10 95 70 Corporate Identity No. 556525-6905, Registered office Gothenburg www.balder.se
Fastighets AB Balder is a listed real estate company which shall meet the needs of different customer groups for premises and housing through local support. Balder's real estate portfolio had a value of SEK 17.6 billion as of 31 December 2011. The Balder share is listed on Nasdaq OMX Stockholm, Mid Cap.
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