Swedish listed property company Kungsleden AB (publ) has in three separate deals acquired nine properties.

A property portfolio of seven properties situated in Malmö/Lund has been acquired. The acquisition price amounts to SEK 178 m and the yield based on the sales price is calculated at 7,8 %. The properties consists mainly of offices and retail and the lettable area amounts to 22 000 sq.m with a rental value of SEK 20 m.

Furthermore has an industrial/warehouse property located in Ängelholm been acquired with an acquisition price of SEK 60 m. The yield based on the sales price is about 10 %. The lettable floor-space of the property is 11 000 sq.m and has a rental value of SEK 5 m.

A property in Västerås has also been acquired with an acquisition price of SEK 77 m. The yield based on the sales price is calculated at 9,5 %. The lettable floor-space of the property amounts to 23 000 sq.m, consisting mainly of retail and industrial/warehouse, and has a rental value of approximately SEK 12 m.

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