The first groundbreaking for Östersund’s new custody

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Today, the first groundbreaking was made to officially mark the construction start of the new custody in Östersund. The groundbreaking was jointly made by Biljana Pehrsson, CEO at Kungsleden and Björn Myrberg, CFO at The Correctional Care Center, together with Cathrin Ahlgren, manager at The Correctional Care Center in the north region.

Kungsleden (publ) has previously signed a lease agreement with the Correctional Care Center concerning a new custody and probational facilities in Östersund, covering 3 000 sq.m. with room for 14 detention cells. The new building will be built within the Karlslund 5:2 property in central Östersund, in one of Kungsleden’s clusters, and is expected to be completed in the spring of 2019.

In the property Karlslund 5:2 there are already several agencies and organization tenants such as Police, Prosecutors, Emergency Services, SOS Alarm, Customs, Ambulance and Health Care Advisory along with The Swedish Social Insurance Agency, which at year end will extended their lease agreement for another six years. All tenants are part of Trygghetens Hus a co-location which has the task of providing security and service for the citizens.

”We are very excited to start the construction of a new and modern custody and probational facilities for The Correctional Care Center, that will accommodate their future needs”, says Biljana Pehrsson CEO at Kungsleden.

For more information, please contact:

Sophie Löfving, Projekt Manager at Kungsleden | +46 8 503 052 84 | sophie.lofving@kungsleden.se

Per Englund, Asset Manager Östersund | +46 706 742 828  | per.englund@kungsleden.se

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

The information was provided for public release on August 31, 2018 at 1:00 p.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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