Kungsleden divests retail property in Katrineholm

Kungsleden has signed an agreement to sell the property Lövkojan 10 in Katrineholm. The sale is part of Kungsleden’s continuous optimization of the property portfolio.

The property comprises 8 500 sq.m. of retail, office and warehouse space. The selling price amounts to SEK 55 million after deduction for deferred tax, and is in line with the property’s book value. Withdrawal will take place in June 2018, and the loss of annual operating net amounts to SEK 2.7 million. The sale means that Kungsleden now exits Katrineholm.

For more information please contact

Henrik Gerdin, Head of Transaction | +46-8-503 052 26 | henrik.gerdin@kungsleden.se

Ylva Sarby Westman, Deputy CEO and Chief Investment Officer|

+46-8-503 052 27 | ylva.sarby.westman@kungsleden.se

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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.