M&A Activity • May 31, 2016
M&A Activity
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PRESS RELEASE 31 May, 2016
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Fastighets AB Balder has acquired the office property Göteborg Lindholmen 29:1 for approximately 400 million. The property is located at the quay front and has a leasable area of about 12,000 sqm. The largest tenants in the property are China- Euro Vehicle Technology AB (CEVT) and Alten Sverige AB.
Newsec has been the seller's advisor in the transaction.
For further information, please contact: CEO Erik Selin, tel. +46 706 074 790 or Head of Finance Marcus Hansson, tel. +46 768 369 848
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 69.8 billion as of 31 March 2016. The Balder share is listed on NASDAQ Stockholm, Large Cap segment.
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