Kungsleden leases 2,000 sqm to the City of Gothenburg

Kungsleden AB (publ) has signed two leasing agreements for a total of more than 2,000 sqm with the City of Gothenburg in the Högsbo cluster in the property Järnbrott 168:1.

Gothenburg City leases more than 2,000 sqm of office space in two contracts, a 15-year lease of 1,540 sqm and a five-year lease of 530 sqm.

The property Järnbrott 168:1 is a part of Kungsleden’s cluster in Högsbo just south of Gothenburg. Högsbo is one of the region’s leading industrial areas, located strategically, close to the E6 motorway and the Dag Hammarskjöld highway with good public transportations to central Gothenburg.

The city of Gothenburg moves parts of the “daily activities” operations to Högsbo. This will give the City of Gothenburg modern and appropriate premises and possibilities to collocate several operations.

”We get nice and new premises and we also hope that the new location will bring possibilities to increased cooperation with companies that are established in the area”, says Jörgen Larzon, area manager at the City of Gothenburg.

”We are very proud to welcome the City of Gothenburg as tenant in Högsbo. They are our tenant in other parts of Gothenburg as well and we know their operations and requirements quite well. Högsbo has an exciting future ahead and has ambitious development plans that the city of Gothenburg manages in collaboration with us and other property owners in the area. This brings an additional positive dimension to this leasing”, says Nicklas Arfvidsson, Regional Manager Gothenburg at Kungsleden.


Photo: Järnbrott 168:1

For more information, please contact:

Nicklas Arfvidsson, Regional Manager Gothenburg | +46 31-755 5631 | nicklas.arfvidsson@kungsleden.se

www.kungsleden.se

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

The information was provided for public release on 17 August 2016 at 07:00 a.m.

Kungsleden owns, manages, and develops offices and other commercial properties in Stockholm and Sweden’s other growth regions. We create value by offering attractive and functional premises in the right locations at the right price. A significant part of our properties are gathered in clusters that enrich people´s working day. Kungsleden’s goal is to deliver attractive total return on our properties and to our shareholders.

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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.

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We are very proud to welcome the City of Gothenburg as tenant in Högsbo. They are our tenant in other parts of Gothenburg as well and we know their operations and requirements quite well. Högsbo has an exciting future ahead and has ambitious development plans that the city of Gothenburg manages in collaboration with us and other property owners in the area. This brings an additional positive dimension to this leasing.
Nicklas Arfvidsson, Regional Manager Gothenburg at Kungsleden