Kungsleden divests chilled/frozen warehouse for SEK 555 million in Helsingborg

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Kungsleden has signed an agreement to divest the property Rausgård 22 in Helsingborg.

The property Rausgård 22 consists of 62 000 sq.m chilled and frozen warehouse. The sale price amounts to SEK 555 million after deduction of deferred tax. The buyer will access the property during the first half of 2018. The property's annual operating net amounts to SEK 39 million.

For more information please contact:

Ylva Sarby Westman, deputy CEO and CIO Kungsleden | tel +46 8-503 052 27 | ylva.sarby.westman@kungsleden.se

Henrik Gerdin, Head of Transactions | tel +46 8-503 052 26 | henrik.gerdin@kungsleden.se

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

The information was provided for public release on 9 Feb, 2017 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 Nordic Large Cap.

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