Press releaseApril 03 2007

Kungsleden acquires a public property

Listed Swedish property company Kungsleden AB (publ) is acquiring part of the property with designation Silverängen 1 in Landskrona, southern Sweden, from municipal property company AB Landskronahem. This property has lettable floor-space of 14,753 sq.m. and is mainly let to the Municipality of Landskrona, which operates a school and retirement home in the premises.

The purchase price including transaction costs is SEK 120 m, and the estimated property yield is 7.3%.

 

 

 

 

 

 

Press contact

Anna Trane

Kommunikationschef

Tel: 08-503 052 20
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