English
Published: 2014-12-15 14:00:00 CET
Fastighets AB Balder
Company Announcement
Balder acquires Radisson Blu Scandinavia Hotel in central Gothenburg
Balder acquires the company, which owns the hotel property Inom Vallgraven
1:13,
for an underlying property value of SEK 700 million. The hotel is located
at
Drottningtorget right next to Gothenburg´s central station and
Gothenburg’s
shopping areas. The hotel is operated by Rezidor and has a total
of 349 rooms
with a total lettable area of approximately 26,700 square
meters.

“We welcome this recognized hotel with its fine history and outlook to
Balder”,
says Erik Selin.


For further information, please contact:
CEO Erik
Selin, tel. +46 706 074 790 or
Head of Finance Marcus Hansson, tel. +46
768 369 848


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 15 December 2014 at 14.00
CET.


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 34,5 billion as of
30
September 2014. The Balder share is listed on Nasdaq OMX Stockholm, Mid
Cap.

 


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