The property company Kungsleden AB (publ) has sold the property Skellefteå Loke 7. The property contains 9.000 sqm of lettable area of which 5.000 sqm is hotel and the remaining part office and retail. The sales price amounts to MSEK 50 whith a profit of MSEK 12.

Kungsleden has also sold the property Göteborg Majorna 164:2. The property contains 6.000 sqm of lettable area of which the majority is industrial and warehouse.

The sales price amounts to MSEK 38 with a profit of MSEK 5.

As a consequence of the sales made during the fourth quarter the company changes its forecast for the year 2003 from profit before taxes of at least MSEK 450 to a profit before taxes of MSEK 475.

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