Tribona AB (publ) acquires logistics property in Kungälv

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| Source: Tribona AB
multilang-release

Lund, Sweden, 2014-06-16 10:45 CEST (GLOBE NEWSWIRE) --  

Tribona has, via company, acquired a logistics property in Kungälv with a property value of approximately SEK 130m.

The property Bulten 1 in Kungälv is a logistics property located in a good logistics position near E6 with a lettable area of 23 090 sq.m. The property is fully leased to Arvid Nilsson AB, who has a lease agreement extending over 5.5 years.

Access is planned to take place 1 July 2014 and at the same time the purchase price will be paid.

”We are very pleased with yet another profitable acquisition off market with a return significantly higher than the average in our property portfolio. These off market transactions are possible thanks to our extensive contacts, quick decision making and strong liquidity. We are optimistic to be able to present similar acquisitions in the near future. The property in Kungälv is in a good logistics position and fits perfectly in Tribonas property portfolio.” comments Per Johansson CEO of Tribona.

 

Lund, 16 June 2014

Tribona AB (publ)

 

For further information

Per Johansson, VD/CEO +46 708 17 13 63, e-mail: per.johansson@tribona.se

This information is such that Tribona AB (publ) is obliged to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was made available for publication on 16 June 2014, 10:45 CET.

About Tribona
Tribona is Sweden’s largest listed pure-play logistic property company. The property portfolio consists of modern and strategically located logistic properties, 21 in Sweden and one in Denmark, with a total lettable area of about 711 000 square meters. For more information, visit www.tribona.se