Kungsleden leases 900 square meters in Gothenburg to Magelungen college

Kungsleden has signed a three-year lease with Magelungen Utveckling AB for 900 square meters of space in the Krokslätt 34:16 property on Ebbe Lieberaths street in Gothenburg.

The property Krokslätt 34:16 is situated in a neighborhood with good accessibility –with good access to the E6 highway and the local tram system.

“We are very pleased to welcome Magelungen Utveckling as a tenant to Kungsleden. As a long-term property owner, we provide attractive and functional properties for a wide variety of organisations,” says Patrick Bernvid, Asset Manager at Kungsleden.

“We are pleased Kungsleden could offer us suitable premises with a good location that helps us give our students the best opportunities for positive development,” says Daniel Riddez, CEO at Magelungen Utveckling AB.

Magelungen Utveckling gains access to the property on 1 June 2017. The rental value amounts to slightly more than SEK 1,4m per year.

For more information, please contact:

Patrick Bernvid, Asset Manager, Kungsleden | 031-755 56 11|

patrick.bernvid@kungsleden.se

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

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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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.