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Sign in Sign up for a FREE subscriptionCorem divests 17 properties in Stockholm for €86m
Corem has signed an agreement to divest 17 properties in the Stockholm area at a total underlying property value of SEK 949 million (€85.9/$90 million).
Most of the properties are located in Täby and Upplands-Väsby just north of Stockholm, and four properties are located south of Stockholm in Huddinge, Botkyrka and Älvsjö.
The properties have a lettable area of about 65,000 square meters (699,654 square feet) and consist mainly of offices and warehouses. The rental value amounts to about SEK 79 million (€7.1 million/$7.6 million) and the economic occupancy rate amounts to about 95 percent.
