Press Release 9 March 2007
Listed Swedish property company Kungsleden AB (publ) is acquiring four properties in Linköping, south west of Stockholm, for approximately SEK 174 m. The properties have lettable floor-space of nearly 20,000 sq.m. with an estimated property yield of 7.3%. These properties include offices, retail units and industrial/warehouse premises, the majority being offices and industrial/warehouse premises.
This property portfolio has a rental value of just over SEK 16 m.
Kungsleden takes possession on 18 April 2007.