Listed Swedish property company Kungsleden AB (publ) is acquiring the property designated Jägaren 11 in Växjö, southern Sweden, for a purchase price of SEK 50 m. This property has lettable floor-space of 13,000 sq.m. and is mainly let to Procivitas independent school, the local county council and the Municipality of Växjö. Total rental revenue is SEK 9.9 m.

The transaction is subject to approval by the Municipality of Växjö’s council.