Press releaseDecember 15 2015

Kungsleden’s office property Isblocket in Hyllie leased to 85 percent

Kungsleden’s newly constructed property Isblocket in Hyllie, outside Malmö, is almost fully occupied. 3,862 sqm are leased in the office section, with only an office space of 551 sqm and two retail spaces of 64 and 105 sqm still vacant.

Kungsleden AB (publ) acquired the office property Vagnslidret 1 in Hyllie just south of central Malmö in December 2014. The property, commonly referred to as Isblocket, consists of 4,500 sqm top modern office space in one of Malmö’s most expansive and accessible areas.

Lease agreements have been signed:

  • The City of Malmö’s parking company will lease 2,120 sqm during eight years
  • Addpro AB, an IT consultant, will lease 869 sqm during five years
  • BC Sweden AB, general agent and importer of Jaguar and Land Rover in Sweden will lease 337 sqm during five years
  • Merit Consulting, an international consultancy business, will lease 216 sqm during three years
  • Ssang Yong Import AB is as of March 1, 2016 general agent and importer of the Korean auto brand Ssang Yong in Sweden and Denmark. They will lease 97 sqm during five years

“We very much look forward to moving into Isblocket during the spring. When we earlier this year realised that our current premises in central Malmö will soon be too small, it immediately became evident that Hyllie was our first and possibly only alternative. The convenience of the Öresund Bridge and Kastrup Airport are of course attributes that appeal. We are part of the Danish auto group Nic Christiansen Gruppen who has its head office in Kolding on Jylland. Being close to Denmark of course assists both business and communications. That Isblocket also happens to be the most attractive building in the area is a bonus”, says Jonas Lindow, CEO of BC Sweden AB.

In addition to the tenants listed above, Kungsleden will move its regional office to Isblocket. Hyllie is one of Kungsleden’s prioritised cluster areas where we see great potential, partly thanks to the location next to Citytunneln (the train connection to Denmark), the Emporia shopping mall as well as the City’s ambitions to build a city district with a mixture of business, retail and housing.

“We are delighted to in a short period of time be able to welcome five new tenants into our prestige project in one of Malmö’s most exciting areas. We see great potential in Hyllie and will together with the City and the other property owners continue to actively develop the area towards a dynamic and sustainable city district”, says Gert Ternström, Regional Manager Malmö.

Isblocket has been designed by FOJAB Architects and constructed by Otto Magnusson. Kungsleden will take possession of the property in mid January 2016

For more information, please contact:

Gert Ternström, Regional Manager Malmö| 46 40 17 44 13 |

Louise Appelros, Lease Manager Kungsleden | +46 40 17 44 05 |

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The information was provided for public release on 15 December 2015 at 7:00 a.m.

Kungsleden’s business concept is to own, manage and improve commercial properties in growth regions in Sweden and to deliver attractive total returns. Kungsleden’s strategies to create value are based on meeting the premises requirements of customers by managing, improving and developing properties and planning consents and by optimising the company’s property portfolio. Kungsleden has been quoted on NASDAQ Stockholm since 1999.

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Anna Trane


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