Kungsleden has signed a rental contract for new office premises with J&W.

Kungsleden acquired these premises, located in Gothenburg's Gamlestaden district, from SKF at the beginning of 2001.

J&W, which currently rents some 5000 sq.m. of the property, is now co-locating its activities in Gothenburg’s old town quarter. The new rental agreement, which encompasses some 2,500 sq.m., will mean J&W renting a total of 7,500 sq.m. of this property.

The presently unoccupied industrial premises will be converted to offices, and are scheduled for occupation in summer 2002. After this conversion, the property will be fully let.

Jens Engwall, Kungsleden’s Chief Executive, commented: "J&W is a major player in expert technical consulting services, and makes high demands on attractive premises with good functional and environmental characteristics. Our agreement underscores the fact that Kungsleden’s properties in Gothenburg old town have raised their status as a favorable and attractive office location in the city."

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