Klövern sells at a profit


The two residential properties are situated in Västerås and the other properties in Uppsala and Kalmar respectively. The purchaser is a local player in all cases. As a consequence of the sale in Uppsala, Klövern is winding up its unit in the city. Klövern's unit in Eskilstuna will then take over responsibility for the remaining properties in Uppsala.
 
"In accordance with our business model, we have decided to sell the completely developed properties when there was a good opportunity to do so", says Klövern's CEO Gustaf Hermelin.
 
During the first quarter of 2005, Klövern has acquired an industrial/warehouse property in Borås for SEK 20 million. 
 
Nyköping, 10 March 2005
 
Klövern AB (publ)
 
 
For further information, please contact:
Gustaf Hermelin, CEO, tel +46-(0)155-44 33 10, +46-(0)70-560 00 00 gustaf.hermelin@klovern.se
Anders Lundquist, CFO, tel +46-(0)155-44 33 20, +46-(0)70-528 43 33 anders.lundquist@klovern.se
Britt-Marie Einar, Corporate Communications Officer, tel +46-(0)155-44 33 12,
+46-(0)70-224 29 35, britt-marie.einar@klovern.se