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Nordic Update

Klövern acquires Ericsson property for SEK 633 million

Publicerad: 18 januari 2019, 18:14

Rutger Arnhult, CEO of Klövern. Photo: Agora.

Klövern has acquired the property Blåfjäll 1 in Kista, Stockholm, for SEK 633 million. The property has a LFA of roughly 18,700 sq.m. and is currently fully leased to Ericsson. The current lease term ends in 2023.

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EricssonKlövern Fastigheter

“It is gratifying that we can acquire this, for Klövern, strategically situated property. We have good faith in the development in Kista and the property is adjacent to our existing development properties”, says Rutger Arnhult, CEO of Klövern, in a statement.

The deal is expected to be closed on March 4th and it will be financed with bank loans.

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