Kungsleden has signed four new lease agreements in B:26 in Västerås with a total lease value of SEK 28 million

Kungsleden AB (publ) has signed four new lease agreements in the development project B:26 in the Västerås City cluster. The leases cover 2,500 sq.m. at a total rental value of SEK 28 million with an average rent of approximately 2,500 SEK per sq.m. With the new agreements, the occupancy rate for B:26 exceeds 50 per cent and the project enters implementation phase. One of the major tenants is Aros Congress Center, which has signed a five-year lease for a coworking concept of 1,400 sq.m. with a total rental value of SEK 15 million.

The B:26 building (part of the Mimer 5 property) is a part of the Mimer district in Västerås City, close to the central station and the city center. B:26, which is the heart of the district, is undergoing major development and contains 4,700 sq.m. leaseable area. Here, a new office concept is created – a unique venue based on the idea of gathering companies and people with a common interest in creativity and business under one roof. B:26 will become a new destination where the people in Västerås can meet, work and interact.

Kungsleden will develop the B:26 concept together with Aros Congress Center AB, a conference and congress company in Västerås with extensive experience in creating venues in various forms.

The lease agreement with Aros Congress Center has a rental value of SEK 15 million and, together with previously signed office lease agreements – with Almi Företagspartner, Atea Sverige and Sigholm konsult – lease agreements at a total value of SEK 28 million has been signed in B:26.

“It is very gratifying that we can further strengthen our already good cooperation with Aros Congress Center through their commitment as operator in B:26. Their experience from congress, conference, hotel and restaurant caters for high quality and service levels,” says Mats Eriksson, Head of Real Estate Mälardalen, Kungsleden.

”We have been following the coworking phenomenon for some time now, and are pleased to be able to create this in Västerås, together with Kungsleden. We believe that our passion for meetings, food and people will help make B:26 a unique meeting place. With our hotels, restaurants, congress center and B:26 within walking distance from each other, we create an exciting offer for our guests,” says Tobias Hultberg, CEO, Aros Congress Center.

The property will be certified under LEED Gold and all leases are green leases, meaning that they contain agreements regarding common measures to maintain or improve the
premises environmental performance, which is in line with the environmental profile of all parties. Access is expected to take place in spring 2019.

Access is estimated to begin the second quarter 2019.

Detta pressmeddelande finns tillgängligt på svenska på www.kungsleden.se/pressmeddelanden

The information was provided for public release on July 6, 2018 at 7:00 a.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.

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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.