Press releaseJuly 03 2003

Kungsleden aquires

The property company Kungsleden AB (publ) has aquired the property Göteborg Backa 866:836.

The property consists of 76 apartments for elderly living and is let to Riksbyggen Serviceboende AB and the municipality of Gothenburg. The property has an area of 6.350 sqm and a rental income of 5 MSEK per year.

The purchase price is 40,2 MSEK including transaction costs.

"A purchase with high return relative to the low risk, which is in line with our earlier stated ambitions in the sector of houses for elderly living" says Jens Engwall , CEO of Kungsleden, commenting on the transaction.

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