Press Releases

Kungsleden acquires property portfolio from Tornet

The property company Kungsleden AB (publ) acquires 32 properties located in the central and southern parts of Sweden from Fastighets AB Tornet. The purchase price amounts to MSEK 1 050 and the yield based on the sales price is calculated at 7,4 %. The properties consists of 180 000 sq.m of lettable area, primarily offices and industry/warehouse premises, with a rental value of approximately MSEK 134. Kungsleden will take possession of the properties on 1 March, 2006.