Kungsleden purchases two properties in Gothenburg

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Kungsleden AB (publ) is purchasing two office and retail buildings in Högsbo in the Municipality of Gothenburg, for a total price of around SEK 56 m including transaction costs.

The two properties have gross leasable area of around 6,700 sq.m. and rental value amounts to SEK 6.4 m. The largest tenants are Möblera huset and Elgross’n.

“By purchasing these properties we will further strengthen our presence in Högsbo in the municipality of Gothenburg. The properties fit well into our property portfolio and Högsbo is an area with good development potential with its strategically beneficial location in Gothenburg,” commented Kungsleden’s Chief Executive Biljana Pehrsson.

Completion is scheduled for 31 October 2013.


Högsbo 20:12

For more information, please contact:

Biljana Pehrsson, Chief Executive of Kungsleden | Phone +46 (0)8 503 052 04
Anders Kvist, Deputy CEO and CFO of Kungsleden | Phone +46 (0)8 503 052 11

www.kungsleden.se

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

Kungsleden AB (publ) discloses the information in this press release according to the Swedish Securities Markets Act and/or the Swedish Financial Trading Act. The information was provided for public release on 30 October 2013 at 1:00 p.m.

Kungsleden’s business concept is to own, manage and enhance properties in Sweden’s growth regions, and to generate sustainable high and stable returns. The focus on value creation is by satisfying customers’ needs for premises, managing and enhancing properties, and optimising the company’s property portfolio. Kungsleden has been quoted on Nasdaq OMX Stockholm since 1999.

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By purchasing these properties we will further strengthen our presence in Högsbo in the municipality of Gothenburg. The properties fit well into our property portfolio and Högsbo is an area with good development potential with its strategically beneficial location in Gothenburg.
Biljana Pehrsson, CEO