Hufvudstaden acquires a property in central Gothenburg

STOCKHOLM--()--Regulatory News:

Hufvudstaden (STO:HUFVA)(STO:HUFVC) is acquiring Inom Vallgraven 3:2 property, located at Stora Nygatan 17 in central Gothenburg. The seller is Vimpelkullen Fastigheter AB and the transaction will take place by means of a company transfer. The underlying property value is SEK 82 million. The completion date is March 1, 2016.

The rentable floor space is approximately 1,600 square metres and comprises 1,300 square metres of office space and 300 square metres of retail space.

"The property is partly vacant and it is regarded as a development property, which makes it a good complement to our existing holdings in the area," says Ivo Stopner, President of Hufvudstaden.

Stockholm, February 19, 2016

HUFVUDSTADEN AB (publ)

Ivo Stopner President

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Contacts

Hufvudstaden
Ivo Stopner, President
or
Bo Wikare
Head of Business Development
Phone +46 (0)8-762 90 00.

Contacts

Hufvudstaden
Ivo Stopner, President
or
Bo Wikare
Head of Business Development
Phone +46 (0)8-762 90 00.