Kungsleden announced on January 20, 2017 that it had signed an agreement with Steen & Ström AB regarding the acquisition of Emporia Office, located in Emporia shopping center in Hyllie, Malmö. The transaction was a conditional agreement based on a cadastral 3D partition procedure, which is now completed.
Hyllie is Malmö’s most expansive neighborhood, strategically located, only a few minutes’ drive from Malmö Central Station and with good connections to Kastrup Airport and Copenhagen city center. By acquiring this office property does Kungsleden expand its portfolio and strengthens its presence in its Hyllie cluster.
The office’s leasable area amounts to 10,250 square meters which means that the Kungsleden Hyllie cluster now has a total leasable area of approximately 50,000 square meters. The cluster includes the newly constructed parking garage, located next to Malmö Mässan, which Kungsleden took over in December 2016. The parking garage has almost 350 parking spaces and is leased by the Malmö municipality parking company.
Photo: Emporia Office
For more information, please contact:
Ylva Sarby Westman, Deputy CEO and CIO Kungsleden | 46 8 503 052 27 | firstname.lastname@example.org
Detta pressmeddelande finns tillgängligt på svenska på www.kungsleden.se/pressmeddelanden
The information was provided for public release on 31 March 2017 at 3:00 p.m.
Kungsleden is a long term property-owner that provides attractive, functional premises that enrich people’s working days. We create value by owning, managing and developing offices and other commercial properties in Stockholm and Sweden’s other growth regions. A large portion of our properties belong to attractively located clusters where we also engage in the development of the whole area. Kungsleden’s goal is to deliver an attractive total return on our properties and for our shareholders. Kungsleden is listed on NASDAQ OMX Nordic Large Cap.