Kungsleden divests property for SEK 30 m
Press Release 28 May 2009
Listed Swedish property company Kungsleden AB (publ) is selling one commercial property in Karlstad, west of Stockholm, for a purchase price of SEK 30 m. The sales price is consistent with acquisition cost. The divested property has gross leasable area of 2,515 sq.m. The rental value amounts to approximately SEK 2.8 m. Transfer of possession is planned for 1 July 2009. “It feels really positive that we’re still selling properties at book value,” commented Kungsleden’s Chief Executive Thomas Erséus. 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 28 May 2009 at 9:00 a.m.