Kungsleden divests office properties in Vänersborg and Mariestad, and leave these municipalities

Kungsleden AB (publ) divests the non-strategic office properties Poppeln 7 in Vänersborg and Länsstyrelsen 1 in Mariestad, as well as the land properties Pilen 2-7 in Vänersborg. Fastighets AB Stenvalvet acquires the properties for SEK 59 million.

The property Poppeln 7 includes 7,700 sqm office space in central Vänersborg while Pilen 2-7 are land properties, which are currently leased as parking space. The property Länsstyrelsen 1 includes 5,100 sqm office space in Mariestad.

The properties are divested to Fastighets AB Stenvalvet for SEK 59 million, which is above the book value and closing will take place on June 13. Kungsleden will leave the municipalities Vänersborg and Mariestad as a result of the divestments, which lowers Kungsleden’s geographical concentration to 64 municipalities.

For more information, please contact:

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


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

The information was provided for public release on 31 May 2016 at 07:00 a.m.

Kungsleden’s business concept is to own, manage and improve commercial properties in growth regions in Sweden and to deliver attractive total returns. Kungsleden’s strategies to create value are based on meeting the premises requirements of customers by managing, improving and developing properties and planning consents and by optimising the company’s property portfolio. Kungsleden has been quoted on NASDAQ Stockholm since 1999.


About Us

Kungsleden is a property company operating in Sweden and listed on Nasdaq Stockholm. We focus on owning, actively managing, improving and developing commercial properties long-term in the office, industry/warehouse and retail segments, in chosen growth regions such as Greater Stockholm, Greater Gothenburg, the Mälar Valley and southwestern Sweden. We offer appealing and functional premises in the right locations at the right price. Clustering our properties, ensuring a good local knowledge and being close to our customers allows us to quickly offer new solutions when our customers’ needs change.