Kungsleden divests properties for SEK 207 million
Kungsleden divests the properties Valfisken 1 in Kalmar, Pipdånen 5 and 6 in Visby as well as Magneten 4 in Motala. The total sales price amounts to SEK 207 million. The divestments mean that Kungsleden leaves both Kalmar and Visby, and makes a profit of SEK 2 million.
Kungsleden AB (publ) continues to focus its property portfolio to chosen growth regions and divests the properties Valfisken 1 in Kalmar, Pipdånen 5 and 6 in Visby as well as Magneten 4 in Motala.
- The property Valfisken 1 is an office property with a total leasable area of 11,000 sqm located in the central parts of Kalmar. The property is purchased by Stenvalvet and closing takes place on February 16, 2016.
- The property Pipdånen 5 and 6 has a total leasable area of 5,300 sqm and is located in central Visby. The property is sold to a private individual and closing takes place on April 1, 2016.
- The property Magneten 4 is an industrial property in a, from a Kungsleden perspective, non-strategic location. The leasable area totals to 396 sqm.
The divestments are made in three separate deals and the total sales price amounts to SEK 207 million, generating a profit of SEK 2 million.
For more information, please contact:
Ylva Sarby Westman, Deputy CEO and CIO at Kungsleden | +46 (0)8 503 05227 | ylva.sarby.westman@kungsleden.se
Detta pressmeddelande finns tillgängligt på svenska på www.kungsleden.se/pressmeddelanden
The information was provided for public release on 3 February 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.
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