Announced
Financials
Tags
Single Bidder
Pending
Majority
Public
Domestic
Friendly
Acquisition
Real Estate Holding and Development
United States
property developer
Synopsis
Corem Property Group, a Sweden-based company engaged in the acquisition, management, development and renewal of industrial, storage, logistical and commercial real estate offered to acquire Klövern, a real estate company, for $826m. "By combining Corem’s strong logistics property portfolio with Klövern’s concentration of office properties, we are creating one of the Nordic region’s largest real estate companies with a broadened product and customer offering," Patrik Essehorn, Corem Chairman of the Board.
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