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 | henrik.gerdin@kungsleden.se

Ylva Sarby Westman, Deputy CEO and Chief Investment Officer | +46-8-503 052 27 | ylva.sarby.westman@kungsleden.se

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.

About Us

Kungsleden is a property company operating in Sweden and listed on Nasdaq Stockholm. We focus on owning, actively managing, improving and developing commercial properties long-term in the office, industry/warehouse and retail segments, in chosen growth regions such as Greater Stockholm, Greater Gothenburg, the Mälar Valley and southwestern Sweden. We offer appealing and functional premises in the right locations at the right price. Clustering our properties, ensuring a good local knowledge and being close to our customers allows us to quickly offer new solutions when our customers’ needs change.