Kungsleden divests retail property in Täby

Kungsleden has signed an agreement to divest the Täby Tändstiftet 2 property to Europeiska Motor AB for SEK 46 million.

The property, which is in need of an extensive tenant adaptation, is fully leased to the buyer Europeiska Motor AB. The property has leasable space of 2,200 sq.m. and will be vacated in January 2021. The selling price exceeds the property’s book value.

For more information, please contact:

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

Anna Trane, Head of Corporate Communications Kungsleden | +46 708 84 74 69 | anna.trane@kungsleden.se

About Kungsleden. We are people that create places and experiences for people. By developing and managing attractive and sustainable places, we offer people a better and more inspiring work experience. We are a long-term property owner focused on commercial properties in Sweden’s growth regions. As of 30 September 2020, we owned 211 properties with total value of SEK 39,872 million. Kungsleden (KLED) is listed on the Nasdaq Stockholm Large Cap. Read more at www.kungsleden.se