Press releaseAugust 23 2012

Kungsleden strengthens staff in Gothenburg, sees increasing interest in vacant premises

Listed Swedish property company Kungsleden AB (publ) has appointed Tommy Leckborn as its Property Manager focusing on letting and developing its portfolio in Gothenburg. Tommy previously worked on lettings for Ytterbygg AB’s portfolio in Kungälv, Gothenburg and Mölndal, in south-western Sweden.

Initially, Tommy will work on Kungsleden’s portfolio in Kungsbacka, where his broad experience of letting and development work will be well utilised. This includes accelerating the letting of those vacancies that arose after the insolvency of Kungsbacka Graphics.

Kungsleden owns and manages 75 properties in its West Region with a value of some SEK 2.7 bn. Kungsleden’s lettings market in western Sweden is stable, and interest in the company’s vacant premises has been increasing steadily since year-end. Kungsleden’s economic vacancy in western Sweden is mainly concentrated on a small number of development properties.

“We think hiring Tommy strengthens our skills base and creates even better prospects for serving current and new tenants. Now we’re well equipped to address the challenges and opportunities Kungsleden faces in West Region,” commented Nicklas Arfvidsson, Kungsleden’s Regional Manager for Gothenburg.

For more information, please contact:

Nicklas Arfvidsson, Kungsleden’s Regional Manager for Gothenburg | tel +46 (0) 31 755 5631 | mobile +46 (0)70 690 6557

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Kungsleden AB (publ) 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 23 August 2012 at 10:00 a.m.

Kungsleden’s strategy is to ensure sustainable high and stable returns proceeding from its existing holding, and through acquisitions and divestments. As of 30 June 2012, the property portfolio comprised 322 properties with a book value of SEK 15.8 bn. The portfolio was located in a total of 101 municipalities, mainly in southern and central Sweden. Kungsleden has been quoted on the Nasdaq OMX Stockholm since 1999.

Press contact

Anna Trane


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