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Klovern AB (KLOVb.ST)

KLOVb.ST on Stockholm Stock Exchange

10.90SEK
15 Dec 2017
Change (% chg)

0.06kr (+0.55%)
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10.84kr
Open
10.84kr
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10.91kr
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10.77kr
Volume
1,232,130
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8.66kr

Latest Key Developments (Source: Significant Developments)

Tobin Properties signs a contract with Klövern
Wednesday, 6 Dec 2017 01:22am EST 

Dec 6(Reuters) - Tobin Properties AB ::SAID ON TUESDAY SIGNED CONTRACT WITH KLÖVERN AB REGARDING COMMITMENT FOR EMISSION OF SHARES WORTH ABOUT SEK 150 MILLION IN A DIRECTED ISSUE.TO CARRY OUT RIGHT ISSUE OF ABOUT SEK 52 MILLION FULLY GUARANTEED TO KLÖVERN AB.  Full Article

BRIEF-Klovern to buy stake in Tobin Properties
Tuesday, 5 Dec 2017 12:15pm EST 

Refiles to fix headline:KLÖVERN SIGNS A CONTRACT REGARDING A COMMITMENT TO BUY ORDINARY SHARES IN A DIRECTED SHARE ISSUE AND TO GUARANTEE A RIGHTS ISSUE IN TOBIN PROPERTIES.KLOVERN SAYS ‍HAS SIGNED A COMMITMENT TO BUY 7 500 000 ORDINARY SHARES IN A DIRECTED SHARE ISSUE AT A PRICE OF SEK 20 PER SHARE, IN TOTAL SEK 150 MILLION​.KLOVERN SAYS ‍AFTER ISSUE WILL OWN AROUND 40 PER CENT OF NUMBER OF SHARES AND HOLD AROUND 42 PER CENT OF VOTING RIGHTS IN COMPANY​.KLOVERN SAYS ‍INVESTMENT IN TOBIN PROPERTIES NOT AN EXPRESSION OF HOUSING MARKET HAVING BOTTOMED OUT, ON CONTRARY IT IS A WAY TO TAKE ADVANTAGE OF FUTURE OPPORTUNITIES WHICH A PROBABLY WEAK MARKET DURING 2018 WILL OFFER​.  Full Article

Klövern enters into property swap deal with Genova Property Group
Monday, 30 Oct 2017 08:00am EDT 

Oct 30 (Reuters) - KLOVERN AB ::KLÖVERN IN PROPERTY SWAP DEAL WITH GENOVA PROPERTY GROUP IN KISTA AND HUDDINGE.‍ACQUIRES SITE LEASEHOLD TO PROPERTY KNARRARNÄS 6 IN KISTA FOR AN UNDERLYING PROPERTY VALUE OF SEK 108 MILLION​.‍SELLS PROPERTY BRYNJAN 5 IN HUDDINGE FOR AN UNDERLYING PROPERTY VALUE OF SEK 37 MILLION​.  Full Article

Klovern Q3 pre-tax profit up at SEK 692 mln
Thursday, 19 Oct 2017 01:30am EDT 

Oct 19 (Reuters) - KLOVERN :Q3 PROFIT FROM PROPERTY MANAGEMENT SEK 336‍​ MILLION VERSUS SEK 321 MILLION YEAR AGO.Q3 PRE-TAX PROFIT SEK 692 ‍​ MILLION VERSUS SEK 639 MILLION YEAR AGO.Q3 INCOME SEK ‍​743 MILLION VERSUS SEK 708 MILLION YEAR AGO.  Full Article

Klövern in property swap deal with Corem in Norrköping and Stockholm
Wednesday, 11 Oct 2017 05:30am EDT 

Oct 11 (Reuters) - KLOVERN ::KLÖVERN AB (PUBL): KLÖVERN IN PROPERTY SWAP DEAL WITH COREM IN NORRKÖPING AND STOCKHOLM.‍IN A PROPERTY SWAP DEAL WITH COREM, KLÖVERN ACQUIRES THREE PROPERTIES IN NORRKÖPING AND ONE SITE LEASEHOLD TO A PROPERTY IN STOCKHOLM​.‍SELLS THREE PROPERTIES AND ONE SITE LEASEHOLD TO A PROPERTY IN STOCKHOLM AREA​.‍UNDERLYING PROPERTY VALUE OF ACQUIRED PROPERTIES AMOUNTS TO SEK 152 MILLION​.‍UNDERLYING PROPERTY VALUE OF DIVESTED PROPERTIES AMOUNTS TO SEK 238 MILLION​.‍TRANSFER OF POSSESSION IS PLANNED TO BE ON 1 DECEMBER 2017​.  Full Article

Klövern establishes MTN programme with framework amount of SEK 10 bln​
Friday, 6 Oct 2017 10:36am EDT 

Oct 6 (Reuters) - KLOVERN ::REG-KLÖVERN AB (PUBL): KLÖVERN ESTABLISHES AN MTN PROGRAMME AND PUBLISHES PROSPECTUS.‍HAS ESTABLISHED A MEDIUM TERM NOTE PROGRAMME WITH A FRAMEWORK AMOUNT OF SEK 10 BILLION​.  Full Article

Klovern to establish Medium Term note programme
Tuesday, 5 Sep 2017 01:30am EDT 

Sept 5 (Reuters) - KLOVERN ::INTENDS TO ESTABLISH A MEDIUM TERM NOTE PROGRAMME WITH A FRAMEWORK AMOUNT OF SEK 10 BILLION.‍ESTABLISHMENT OF PROGRAMME IS EXPECTED TO TAKE PLACE DURING AUTUMN OF 2017​.  Full Article

Citycon and Klövern intend to develop 'Globen Shopping' together
Thursday, 31 Aug 2017 01:30am EDT 

Aug 31 (Reuters) - CITYCON OYJ :CITYCON AND KLÖVERN <<>> INTEND TO DEVELOP `GLOBEN SHOPPING' TOGETHER.ACCORDING TO CURRENT DEVELOPMENT PLAN, PARTIES ESTIMATE A TOTAL INVESTMENT OF EUR 260-290 MILLION, INCLUDING ACQUISITION OF PART OF PROPERTY ARENAN 2.LETTER OF INTENT ENCOMPASSES CREATION OF A JOINT VENTURE THAT INTENDS TO ACQUIRE SHOPPING CENTRE PART OF PROPERTY ARENAN 2 FROM KLÖVERN.DIVISION OF OWNERSHIP IN JOINTLY OWNED COMPANY WILL BE 55 PER CENT CITYCON AND 45 PER CENT KLÖVERN.  Full Article

Klövern starts shares buyback programme
Thursday, 13 Jul 2017 01:23am EDT 

July 13(Reuters) - KLÖVERN AB ::SAID ON WEDNESDAY WILL BEGIN TO ACQUIRE ITS OWN ORDINARY SHARES OF CLASS B.  Full Article

Klovern Q2 profit from property management SEK 346 ‍​million
Wednesday, 12 Jul 2017 01:30am EDT 

July 12 (Reuters) - KLOVERN AB :Q2 PROFIT FROM PROPERTY MANAGEMENT SEK 346 ‍​ MILLION VERSUS SEK 304 MILLION YEAR AGO.Q2 INCOME SEK 756 MILLION VERSUS SEK 716 MILLION YEAR AGO.Q2 PRE-TAX PROFIT SEK 700 MILLION VERSUS SEK 586 MILLION YEAR AGO.  Full Article

BRIEF-Tobin Properties signs a contract with Klövern

* SAID ON TUESDAY SIGNED CONTRACT WITH KLÖVERN AB REGARDING COMMITMENT FOR EMISSION OF SHARES WORTH ABOUT SEK 150 MILLION IN A DIRECTED ISSUE