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Klovern AB (KLOVa.ST)

KLOVa.ST on Stockholm Stock Exchange

23.60SEK
21 Jan 2020
Change (% chg)

-0.10kr (-0.42%)
Prev Close
23.70kr
Open
23.70kr
Day's High
23.80kr
Day's Low
23.30kr
Volume
17,544
Avg. Vol
41,525
52-wk High
24.50kr
52-wk Low
10.65kr

Latest Key Developments (Source: Significant Developments)

Klövern Buys Two Properties In Linköping For SEK 345 Mln
Friday, 20 Dec 2019 

Dec 20 (Reuters) - Klovern AB ::KLÖVERN ACQUIRES TWO PROPERTIES IN LINKÖPING FOR SEK 345 MILLION.UNDERLYING PROPERTY VALUE OF SEK 345 MILLION.PROPERTY IS VIRTUALLY FULLY LET.TRANSFER OF POSSESSION IS PLANNED TO BE ON 30 JANUARY 2020.ACQUISITION OF PROPERTIES IS INTENDED TO BE PRIMARILY FINANCED WITH BANK LOANS.  Full Article

Klövern Acquires Property In Copenhagen
Thursday, 19 Dec 2019 

Dec 19 (Reuters) - Klovern AB ::KLÖVERN ACQUIRES A PROPERTY IN COPENHAGEN FOR DKK 1,420 MILLION.KLÖVERN ACQUIRES A PROPERTY IN COPENHAGEN FOR DKK 1,420 MILLION.KLOVERN - TRANSFER OF POSSESSION OF PROPERTY WILL BE AFTER REFURBISHMENT IS COMPLETED AND IS ESTIMATED TO BE IN APRIL 2021.KLOVERN - ACQUISITION IS INTENDED TO BE PRIMARILY FINANCED WITH BANK LOANS..  Full Article

Klövern And ALM Equity Sign Agreement To Develop 1,000 Apartments In Kista
Wednesday, 4 Dec 2019 

Dec 4 (Reuters) - Klovern AB ::KLÖVERN AND ALM EQUITY DEVELOP 1,000 APARTMENTS IN KISTA SQUARE GARDEN.KLÖVERN AND ALM EQUITY HAVE SIGNED AN AGREEMENT IN ORDER TO JOINTLY DEVELOP PROPERTY SKALHOLT 1 IN CENTRAL PART OF KISTA.AGREEMENT ENTAILS CREATION OF A JOINT VENTURE WHICH IS HOLDER OF SITE LEASEHOLD TO PROPERTY SKALHOLT 1.ACCORDING TO CURRENT DEVELOPMENT PLAN, TOTAL INVESTMENT VOLUME IS ESTIMATED TO BE AROUND SEK 800 MILLION.KLÖVERN ACQUIRES ITS OWNERSHIP INTEREST IN JOINTLY OWNED COMPANY FOR SEK 355 MILLION, BASED ON AN UNDERLYING PROPERTY VALUE OF SEK 750 MILLION..KLÖVERN'S OWNERSHIP INTEREST IN JOINTLY OWNED COMPANY WILL BE 49.9%.  Full Article

Klövern Signs 20-Year Lease With Scandic Hotels
Wednesday, 13 Nov 2019 

Nov 13 (Reuters) - Klovern AB ::KLÖVERN SIGNS A 20-YEAR LEASE WITH SCANDIC HOTELS.TENANT IS EXPECTED TO MOVE IN IN NOVEMBER 2021.  Full Article

Klovern Q3 Profit From Property Management Up At SEK 395 Million
Wednesday, 23 Oct 2019 

Oct 23 (Reuters) - Klovern AB ::Q3 INCOME SEK 921 MILLION VERSUS SEK 813 MILLION YEAR AGO.Q3 PROFIT FROM PROPERTY MANAGEMENT SEK 395 MILLION VERSUS SEK 367 MILLION YEAR AGO.  Full Article

Klövern Divests 42 Properties In Karlstad For SEK 2,610 Mln
Monday, 21 Oct 2019 

Oct 21 (Reuters) - Klovern AB ::REG-KLÖVERN DIVESTS 42 PROPERTIES IN KARLSTAD FOR SEK 2,610 MILLION.RENTAL VALUE AMOUNTS TO SEK 247 MILLION AND ECONOMIC OCCUPANCY RATE AMOUNTS TO 95 PER CENT.KLÖVERN HAS SIGNED A CONTRACT TO DIVEST ITS ENTIRE PROPERTY PORTFOLIO IN KARLSTAD,.HAS SIGNED A CONTRACT TO DIVEST ITS ENTIRE PROPERTY PORTFOLIO IN KARLSTAD, CONSISTING OF 42 PROPERTIES, FOR A TOTAL UNDERLYING PROPERTY VALUE OF SEK 2,610 MILLION.TRANSACTION IS DONE IN ORDER TO GEOGRAPHICALLY STREAMLINE KLÖVERN'S PROPERTY PORTFOLIO TO FEWER CITIES.TRANSFER OF POSSESSION IS PLANNED TO BE ON 29 NOVEMBER 2019..TRANSFER OF POSSESSION IS PLANNED TO BE ON 29 NOVEMBER 2019..  Full Article

Klövern Divests Seven Properties To Funds Managed By Blackstone
Friday, 13 Sep 2019 

Sept 13 (Reuters) - Klovern AB ::KLÖVERN DIVESTS SEVEN PROPERTIES FOR SEK 622 MILLION TO FUNDS MANAGED BY BLACKSTONE.SELLS PROPERTIES FOR A TOTAL UNDERLYING PROPERTY VALUE OF SEK 622 MILLION.RENTAL VALUE AMOUNTS TO SEK 54 MILLION AND ECONOMIC OCCUPANCY RATE AMOUNTS TO 91 PER CENT.TRANSFER OF POSSESSION IS PLANNED TO BE ON 15 OCTOBER 2019.  Full Article

Klövern Divests Property In Uppsala For SEK 258 Million
Thursday, 27 Jun 2019 

June 27 (Reuters) - Klovern AB ::KLÖVERN AB (PUBL): KLÖVERN DIVESTS A PROPERTY IN UPPSALA FOR SEK 258 MILLION.TRANSFER OF POSSESSION WILL PRELIMINARILY BE DURING Q3 OF 2019.  Full Article

Klövern Divests 21 Properties In Sweden For SEK 1.57 Bln
Monday, 24 Jun 2019 

June 24 (Reuters) - Klovern AB ::KLÖVERN AB (PUBL): KLÖVERN DIVESTS 21 PROPERTIES IN ÖREBRO, MALMÖ, HANINGE AND VÄXJÖ FOR SEK 1,570 MILLION.TRANSFER OF POSSESSION IS PLANNED TO BE ON 30 AUGUST 2019..RENTAL VALUE AMOUNTS TO SEK 140 MILLION AND ECONOMIC OCCUPANCY RATE AMOUNTS TO 93 PER CENT.  Full Article

Klövern Issues SEK 700 Million Of Bonds
Tuesday, 28 May 2019 

May 28 (Reuters) - Klovern AB ::KLÖVERN AB: KLÖVERN ISSUES SEK 700 MILLION OF BONDS.HAS ISSUED SEK 700 MILLION OF SENIOR UNSECURED BONDS UNDER A FRAMEWORK AMOUNT OF SEK 2,500 MILLION..BONDS HAVE A TENOR OF FOUR YEARS AND A FLOATING INTEREST RATE OF STIBOR 3M + 425 BASIS POINTS.WITH FINAL MATURITY IN JUNE 2023..ISSUE PROCEEDS WILL BE USED FOR GENERAL CORPORATE PURPOSES.  Full Article