Kungsleden selling properties for SEK 104 m
Press Release 9 July 2008
Listed Swedish property company Kungsleden AB (publ) is selling two office properties in Linköping, south of Stockholm, and one office property in Huddinge, near Stockholm, for a total purchase price of SEK 104 m. The sales price exceeds book value by approximately SEK 7.5 m and acquisition value by around SEK 8 m. This latter amount will be posted to Kungsleden’s profit for calculating dividends for 2008.
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 8 July 2008 at 09:00 a.m.