Press releaseMay 04 2006

Kungsleden acquires

The property company Kungsleden AB acquires Flexihus Rent i Sverige AB from Svenska Handelsbanken for MSEK 144. Flexihus has school modules of approximately 25 000 sq.m, which mainly are rented to municipalities on lease contracts of 1-5 years. About twenty muncipalities are currently leasing modules. Calculated net operating income amounts to MSEK 18.

Kungsleden’s Chief Executive Jens Engwall commented: “With this acquisition we expand our offer of premises in the public sector. This means that we take one step further to become the natural partner when it comes to real estate related issues within the public sector.”

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Anna Trane


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