Fastighets AB Balder: Balder acquires a property on Kungsholmen for approximately SEK 670 million

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

Balder (STO:BALDB) acquires the property Stockholm Snöflingan 3 where Courtyard by Marriott Stockholm operates. The property was completed in 2009 with a lettable area of about 22,000 square meters including 280 rooms and the restaurant Björk bar and grill.

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 5 February 2015 at 08.30 CET.

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 34,5 billion as of 30 September 2014. The Balder share is listed on Nasdaq OMX Stockholm, Mid Cap.

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Contacts

Fastighets AB Balder
CEO Erik Selin
tel. +46 706 074 790
or
Marcus Hansson
Head of Finance
tel. +46 768 369 848

Contacts

Fastighets AB Balder
CEO Erik Selin
tel. +46 706 074 790
or
Marcus Hansson
Head of Finance
tel. +46 768 369 848