Kungsleden makes acquisitions in Lund
The property company Kungsleden AB (publ) is acquiring the remaning 50 % of ÅR House KB, the owner of the property Lyckebacken 1 in Lund. After the purchase Kungsleden is the sole owner of the company.
The property is an industry- and warehouse building of 70,000m2.
The purchase price is SEK 85 million and the initial property yield after property administration is 11%.
For more information, please contact:
Jens Engwall, Chief Executive, tel: +46 (0)8 503 05204, mobile +46 (0)70 690 6550