Corem Property Group Ab Class AOMXSTO: CORE_A

Corem Signs LoI To Divest Property At 417 Park Avenue In New York

· Issued by Corem Property Group Ab Class A

Corem Property Group AB OMXSTO:CORE_A:

  • COREM HAS SIGNED A LETTER OF INTENT TO DIVEST THE PROPERTY AT 417 PARK AVENUE IN NEW YORK

  • SALE EXPECTED TO HAVE NET INCOME EFFECT OF SEK -1 BILLION

  • POSITIVE LIQUIDITY EFFECT EXPECTED TO BE SEK 2.3 BILLION