Kungsleden sells five properties for SEK 20 m
Press Release18 December 2008Listed Swedish property company Kungsleden AB (publ) is selling five commercial properties in Landskrona, southern Sweden, for a purchase price of some SEK 20 m. Total rental value is approximately SEK 4 m. The buyer is privately owned southern Swedish property company Svenska Hus i Skåne AB.The sales prices is consistent with book value and exceeds acquisition value by some SEK 7 m. This latter amount will be posted to Kungsleden’s profit for calculating dividends for 2008.Kungsleden will relinquish possession on 31 January 2009.Kungsleden discloses the