Kungsleden divests retail property in Katrineholm

Kungsleden has signed an agreement to sell the property Lövkojan 10 in Katrineholm. The sale is part of Kungsleden’s continuous optimization of the property portfolio.

The property comprises 8 500 sq.m. of retail, office and warehouse space. The selling price amounts to SEK 55 million after deduction for deferred tax, and is in line with the property’s book value. Withdrawal will take place in June 2018, and the loss of annual operating net amounts to SEK 2.7 million. The sale means that Kungsleden now exits Katrineholm.

For more information please contact

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

Ylva Sarby Westman, Deputy CEO and Chief Investment Officer|

+46-8-503 052 27 | ylva.sarby.westman@kungsleden.se

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About Us

Kungsleden is a long-term property-owner, and our vision is to create attractive and sustainable places 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 (KLED) is listed on NASDAQ Nordic Large Cap.