GÖTEBORG, Sweden--(BUSINESS WIRE)--Regulatory News:
Balder (STO:BALDB) acquires the property Göteborg Masthugget 11:13 in central Gothenburg through joint venture with Elof Hansson Fastigheter where Balder and Elof Hansson Fastigheter own 50% each. The seller is HSB Göteborg and the possession will take place on 1 oktober 2014. The property is located adjacent to Masthuggstorget and consists of approximately 32,000 square meters of commercial and residential premises.
The underlying property value is SEK 570 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 29 August 2014 at 08.30.CEST
Fastighets AB Balder (publ)
PO Box 53121, 400 15 Gothenburg
Tel: +46 31 10 95 70
Corporate Identity No. 556525-6905, Registered office Gothenburg
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 33.7 billion as of 30 June 2014. The Balder share is listed on NASDAQ OMX Stockholm, Mid Cap segment.
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