Kungsleden acquires in Umeå and Norrköping
The property company Kungsleden AB (publ) acquires Umeå police station, Umeå Stigbygeln 5, from Umeå Kommunföretag/AB Bostaden i Umeå for MSEK 185. The yield based on the purchase price is calculated at 7,4 %. The lettable area amounts to 15 500 sq.m with a rental value of MSEK 19 and tenants are various authorities within the legal system.
Possession changes hands on 1 September 2006.
Furthermore Kungsleden acquires the property Norrköping Tråden 11 for MSEK 89,4 from Mattsons Fastighetsutveckling AB. Total floor-space is about 20 000 sq.m. with a rental value of approximately MSEK 10. The yield based on the sales price is calculated at 7 %.
Kungsleden will take possession of the properties on 29 June 2006.