Press releaseJune 22 2004

Kungsleden aquires

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

Press contact

Anna Trane

Head of communications

Tel: 08-503 052 20
E-mail me