Kungsleden divesting property in Malmö
Press Release 30 June 2008
Listed Swedish property company Kungsleden AB (publ) is divesting an office and hotel property for a price of SEK 125 m. This property, designated Hamnen 22:2 is located at Malmö Central Station. The sales price is approximately SEK 18 m above book value and SEK 35 m above acquisition value. This latter amount will be included in Kungsleden’s profit for calculating dividends for 2008.
The property has lettable floor-space of 7,800 sq.m.
Kungsleden discloses the information in this press release according to the Swedish Securities Markets Act and/or the Swedish Financial Trading Act. The information was provided for public release on 30 June 2008 at 3:00 p.m.