Kungsleden acquires two public properties

Press Release
2 April 2007

Listed Swedish property company Kungsleden AB (publ) is acquiring the property Lasarettet 8 in Karlshamn, southern Sweden from Blekinge County Council, with lettable floor-space of 11,533 sq.m. The property is mainly let to the Blekinge police authority and the county council itself.

In addition, the property Blinkarp 1:9, with lettable floor-space of 2,600 sq.m. used for sufferers of gambling and other addictions in the Municipality of Svalöv, also in southern Sweden, has been acquired from a private care provider.

The total purchase price is SEK 67 m, and the estimated property yield is 7.5%.