Listed Swedish property company Kungsleden AB (publ) is acquiring properties in the southern Swedish localities of Storfors, Skara, Munkedal and Hässleholm through four separate transactions.

The total lettable floor-space is about 14,100 sq.m. the total rental value amounts to SEK 12.7 m of which about 80% is derived from the public sector. The average contract term is nine years.

The total investment cost is SEK 114 m and the estimated property yield is 7.8%.