Kungsleden acquires 6 properties
Press Release 14 December 2006
Listed Swedish property company Kungsleden AB (publ) acquires 6 properties worth approximately SEK 140 m. The properties has a lettable floor-space of 9,600 sq.m., with an estimated property yield of approximately 7%.
The properties are located in Täby outside Stockholm, and comprise 34% school 29% retail, 17% office premises and 19% industrial/warehouse. The largest tenants are Ultra Education AB and Europeiska Motor AB. The property portfolio has a rental value of approximately SEK 10,9 m.
Kungsleden is scheduled to take possession during December.