Fastighets AB Balder: Balder acquires centrally located properties

GÖTEBORG, Sweden--()--Regulatory News:

Balder has acquired the properties Nordstaden 10:16 and 10:17 in the city centre of Gothenburg and Havsfrun 26 in central Stockholm. The properties in Gothenburg, covering a total lettable area of about 7,900 sqm., are primarily leased to Grand Hotel Opera. Havsfrun is an multitenant office building and comprises a total lettable area of approximately 3,500 sqm. The underlying property value is approximately SEK 475 million.

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 11 July 2014 at 14.00.CEST

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 29.1 billion as of 31 March 2014. The Balder share is listed on NASDAQ OMX Stockholm, Mid Cap segment.

This information was brought to you by Cision http://news.cision.com

Contacts

For further information, please contact:
CEO Erik Selin, tel. +46 706 074 790
or Head of Finance
Marcus Hansson, 0768-36 98 48

Contacts

For further information, please contact:
CEO Erik Selin, tel. +46 706 074 790
or Head of Finance
Marcus Hansson, 0768-36 98 48