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Postponed completion of five commercial properties

Listed Swedish property company Kungsleden AB (publ) announced 16 February 2012 a sale of five properties for a total purchase price of SEK 151 m excluding transaction costs at a property yield of 7.1 percent. The completion is postponed and will take place at the latest 15 May 2012.
 

Kungsleden sells two properties for approx. SEK 75 m

Listed Swedish property company Kungsleden AB (publ) is selling two properties for a total purchase price of SEK 75 m excluding transaction costs at a property yield of 6.5%. The sales price exceeds book value and acquisition cost by approximately SEK 4 m. This amount will be included in Kungsleden’s profit for calculating dividends for 2012.
The properties are located in Linköping, south west of Stockholm, and...
 

Kungsleden sells five properties for SEK 151 m

Listed Swedish property company Kungsleden AB (publ) is selling five properties for a total purchase price of SEK 151 m excluding transaction costs at a property yield of 7.1%. The sales price exceeds book value by approximately SEK 10 m and exceeds acquisition cost by about SEK 26 m. This latter amount will be included in Kungsleden’s profit for calculating dividends for 2012.
 

Hemsö sells a property for SEK 50 m

Through Hemsö, its joint venture with AP3 (the Swedish Third Pension Insurance Fund), listed Swedish property company Kungsleden AB (publ) is selling a public property for a total purchase price of approx. SEK 50 m including transaction costs. The property yield is 6.1%. This transaction has no profit effect.
This property, containing a retirement home, is in Gothenburg. Gross leasable area is about 1,840...

Kungsleden sells properties for SEK 55 m

Listed Swedish property company Kungsleden AB (publ) is selling three commercial properties for a total purchase price of approx. SEK 55 m including transaction costs. The sales price is consistent with book value and exceeds acquisition cost by about SEK 11 m. This latter amount is included in Kungsleden’s profit for calculating dividends for 2011.
The properties are located in Malmö and have leasable area of...
 

Kungsleden sells five properties for SEK 215 m

Listed Swedish property company Kungsleden AB (publ) is selling five commercial properties for a total purchase price of SEK 215 m. The sales price is in line with book value and exceeds acquisition cost by approximately SEK 45 m. This latter amount is included in Kungsleden’s profit for calculating dividends for 2011.
These properties are located in Norra Botkyrka, near the Slagsta Strand retail mall, south of...
 

Kungsleden sells a property for SEK 82 m

Listed Swedish property company Kungsleden AB (publ) is selling a commercial property for a total purchase price of approximately SEK 82 m. The property yield is 6.1%. The sales price exceeds book value by SEK 11 m and acquisition cost by SEK 10 m. This latter amount is included in Kungsleden’s profit for calculating dividends for 2011.
This property is located in Umeå, north-eastern Sweden, and consists of...
 

Kungsleden sells a property for SEK 385 m

Listed Swedish property company Kungsleden AB (publ) is selling a commercial property for a total purchase price of SEK 385 m. The property yield amounts to 7,1%. The sales price exceeds book value by SEK 20 m and acquisition cost by SEK 18 m. This latter amount will be included in Kungsleden’s profit for calculating dividends for 2011.
The property is located in Karlskrona, southern Sweden, and is 100% let to...

Kungsleden completes SEK 279 m sale

On 12 September, listed Swedish property company Kungsleden AB (publ) reported a sale of two commercial properties for a total purchase price of SEK 279 m. This transaction was subject to approval by the City of Stockholm’s municipal council. The transaction is now unconditional, and accordingly, may be completed.
The property yield is 6.4% and the sales price is consistent with book value and acquisition...

Kungsleden in SEK 279 m property sale

Listed Swedish property company Kungsleden AB (publ) is selling two commercial properties for a total purchase price of SEK 279 m. The property yield amounts to 6.4%. The sales price is in line with book value and acquisition cost.
These properties are located on the outskirts of Slakthusområdet wholesaling estate in Johanneshov, south of Stockholm. Leasable area is some 25,000 sq.m., split 55% warehousing and...