Lund, Sweden, 2014-08-19 11:30 CEST (GLOBE NEWSWIRE) --
Tribona expands its current lease agreement from 36 786 sq.m. to 57 585 sq.m. with the current tenant Alwex. This means that most of the property in Växjö is occupied.
The expanded lease agreement starts 1 January 2015 and extends to 30 September 2019. No investments will be made in connection with the expansion. In conjunction with the expanded lease the rent level have been renegotiated to a lower square meter price which make the rental value unchanged. However, the responsibility for the operating costs associated with the expansion has been transferred to the tenant for the whole occupied area.
“The property in Växjö is, in terms of area, one of our largest properties where we have worked with large vacancies since autumn last year. We have again proven that we can fill large vacancies in our properties, which is very pleasing. In Växjö, we have a great communication with our current tenant which has made this lease possible.” says Per Johansson, CEO of Tribona in a comment.
Lund, 19 August 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 19 August 2014, 11:30 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, 22 in Sweden and one in Denmark, with a total lettable area of about 734 000 square meters. For more information, visit www.tribona.se
