Reduction in unit price on 15 January 2019

SEB ImmoInvest’s unit value will decline from EUR 7.08 to EUR 6.88 on the publication date 15 January 2019, resulting in a EUR 0.20 price drop.

This is due to the revaluation of the American office portfolio Chesterbrook /Glenhardie, which consists of serval office buildings located in immediate vicinity to each other. Particular consideration was given to the existing vacancy rate, which will increase significantly in the medium term as the largest tenant leaves the office park.

The expert reflected this in particular by reducing sustainable rents and increasing the property interest rate.