Press releaseAugust 24 2007

Kungsleden acquires three industrial and warehouse properties

Swedish listed property company Kungsleden AB (publ) is acquiring three properties in Gavle, Motala and Osteraker through three separate transactions for a total purchase price of SEK 144 m.

The total lettable floor-space is just over 28,000 sq.m. while the total rental value amounts to nearly SEK 14 m. The main tenants are TermoRegulator and ByggMax. The estimated property yield is 7.5% on average for the three properties.

Kungsleden is scheduled to take possession of the properties in the fall.

Press contact

Anna Trane


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