Press releaseNovember 16 2001

Kungsleden makes acquisitions

Listed property company Kungsleden AB (publ) is acquiring ten municipal centre properties around Gothenburg, Sweden, for a total price of SEK 185 m including transaction costs.

This deal is being executed at a property yield of 9.1% after property administration.

The properties comprise over 32,000m2, primarily consisting of retail and care premises, as well as housing. They are centrally located in the municipalities of Lindome, Mölnlycke, Landvetter, Hindås, Hallsås and Floda, accommodating services premises such as care centres, welfare management facilities, retail units and housing.

Förbo AB, owned by the municipalities of Lerum, Härryda, Mölndal and Kungälv, is the vendor.

Kungsleden will take possession on 1 December.

For more information, please contact:
Jens Engwall, Chief Executive, tel: +46 (0)8 503 05204, mobile +46 (0)70 690 6550
Johan Risberg, Deputy Chief Executive, tel: +46 (0)8 503 05206, mobile: +46 (0)70 690 6565

Press contact

Anna Trane


Tel: 08-503 052 20
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