To strengthen the day-to-day management of the portfolio, the Company has entered into a new asset management agreement with Valad Sweden AB, which is a part of the Valad Property Group. Valad Property Group is a leading fund and asset manager with an international network of local offices. Valad manages alone in Europe a portfolio of 850 properties in 14 funds with a value of more than €4.7 billion. On a worldwide basis Valad has more than €5.8 billion worth of properties under management. The Nordic operation comprises 6 offices and 50 employees in Denmark, Sweden and Finland and manages a total portfolio of 246 properties with a value exceeding €1.2 billion. Valad has assembled a team, who will perform the asset management role. The team will be headed by Michael Bruhn, who is also to perform the day-to-day management of the Company. Michael Bruhn has been running Valad's Nordic operations for 6 years and has more than 20 years experience in the region as a developer, agent and asset manager. "We are very pleased with the agreement with Valad. Besides having extensive local knowledge in Sweden, they are also represented in Denmark, where the bonds are listed, which ensures a good understanding of the whole structure. Moreover, Valad is specialized in commercial and industrial property management and therefore has the best possible competence to manage the Kefren portfolio," says Chairman of the Board, Ole Vagner. The Board of Directors Please address questions relating to this Notice to Chairman Ole Vagner on telephone +45 40254113 or via e-mail ole@vagner.dk. Further information about Kefren Properties IX AB is available on the Company's website, www.kefren.se.
Kefren Properties IX AB, 556691-4031 (”Company”) - New Asset Manager
| Quelle: Kefren Properties IX AB