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Nrep Agrees to Buy 51% Stake in Klövern for Around 6.5 Billion Swedish Kronor

Nordic Fund Manager Commits to Spend Another 4 Billion Kronor in the Housing Company
Housing project in Kista, Stockholm. (Nrep)
Housing project in Kista, Stockholm. (Nrep)

Corem Property Group, ALM Equity and Broskeppet Bostad have agreed to sell a 51% stake in Swedish housing company Klövern to Nordic fund manager NREP for around 6.5 billion Swedish kronor, including a dividend.

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