PostNord divests real estate on Köbmagergade in central Copenhagen

PostNord divests the historical real estate building on Köbmagergade in central Copenhagen to the pensions company PFA Pensions for a value of DKK 400 millions.

Only a third of the floor space is being used today by a post office as well as the Danish Post and Tele Museum. As a part of the restructuring actions PostNord is adopting as a result of the changed market situation, the company is revising its real estate property in the Nordics.

The divestment will improve PostNord’s capital efficiency and finance future investments.

PostNord AB (publ) is required to disclose the above information under the provisions of the Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication at 10.00 AM CET on December 12, 2014.

Last updated: 12/12/2014 10:00 AM