Kungsleden divests a property to the Swedish Fortifications Agency and exits Enköping
Kungsleden has signed an agreement to divest the Stenvreten 4: 1 property in Enköping. The property covers 46,700 sq.m of mixed use, mainly warehouse and industry. The remaining maturity of the lease contract is 1.5 years. Stenvreten 4: 1 is rented in full by the Swedish Fortifications Agency, which now buys it. The purchase price amounts to MSEK 200, which is in line with the property's book value. The deal is conditional on government approval and withdrawal is expected to take place in the third quarter of 2018. The property's annual net operating income is MSEK 22.
For more information, please contact:
Henrik Gerdin, Head of Transactions | + 46-8-50305226 | firstname.lastname@example.org
Ylva Sarby Westman, Deputy CEO and Chief Investment Officer | +46-8-503 052 27 | email@example.com
Detta pressmeddelande finns tillgängligt på svenska på www.kungsleden.se/pressmeddelanden
The information was provided for public release on 22 December, 2017 at 4:00 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 Nordic Large Cap.