Kungsleden strengthens in property development

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Kungsleden continues to keep a high pace in property development and strengthens its project organization by recruiting Sophie Löfving as project manager. Sophie Löfving has extensive experience within the industry and will primarily focus on the later stages of the real estate development process, namely project development and implementation.

The recruitment is part of Kungsleden´s continued focus on portfolio optimization and refining through development projects such as renovation, extensions and conversions of existing premises, along with utilization of building rights. Kungsleden’s property development department will have a rolling project volume of about 1-1.2 billion, of which 826 million are already approved projects.

"I am very satisfied that we have been able to recruit such a competent and energetic colleague as Sophie. The recruitment will help us to maintain a high tempo and ensure that the development projects are carried out according to established targets and also add exciting new values ​​in our clusters and the surrounding urban environments," says Frida Stannow Lind, Head of Property Development at Kungsleden.

"I look forward to start working at Kungsleden as the company has made an impressive journey in recent years when it comes to switching to long-term ownership of the property holdings. I am attracted to working with value-creating projects and to be a part of Kungsleden's corporate culture with values ​​such as professionalism, care and joy," says Sophie Löfving.

Sophie Löfving leaves Savills, where she has held the role of project manager with a focus on commercial properties. Prior to that, she held various roles in areas such as project development at Lindex, Grontmij and Newsec Asset Management.
 
Sophie Löfving will start at Kungsleden in the end of January 2017.


Photo: Sophie Löfving

For more information, please contact:

Frida Stannow Lind, Head of Property Development at Kungsleden | +46 8 503 052 30 | frida.stannow.lind@kungsleden.se

www.kungsleden.se

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

The information was provided for public release on 15 November 2016 at 07:00 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 OMX Nordic Mid Cap.

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