The property company Kungsleden AB (publ) has bought three properties in the sector of elderly living from the municipality of Sundsvall.

The purchase price amounts to MSEK 142 with a property yield of 7,8 %. The properties consists of 19 500 sqm of lettable area with a rental value of MSEK 16.

The deal also consists of an option for the municipality of Sundsvall to sell industrial and warehouse properties to Kungsleden at a value of MSEK 75 in case a sales contract regarding these properties will not be fulfilled with another purchaser.

For further information, please contact:
Jens Engwall, Kungsleden’s Chief Executive, phone: +46 (0)8 503 05204, mobile +46 (0)70 690 6550
Johan Risberg, Kungsleden’s CFO, phone: +46 (0)8 503 05206, mobile +46 (0)70 690 6565