Kungsleden sells and let

Kungsleden sells and let The property company Kungsleden AB (publ) has sold the property Köpmannen 7 located in Västerås. The property is a part of the Hälla commercial center. The building has been extended during this year and the opening of the new mall is planed to end of November. The sale generated a profit of SEK 35 million. The employment office in Eskilstuna, has rent 4000 sqm office from Kungsleden. The tenant is moving in by the end of year 2003 after a bigger reconstruction. The premises has been empty since Kungsleden acquires the property from the Savings Bank in 1998. - As we sad earlier we belive in a high activites in transaction during Q4 2002, says Jens Engwall, CEO of Kungsleden, commenting on the transactions. For more information, please contact: Jens Engwall, Kungsleden's Chief Executive, tel: +46 (0)8 503 05204, mobile +46 (0)70 690 6550 Kungsleden's strategy is to assure sustainable high and stable returns proceeding from its existing holding, and through acquisitions and disposals. Kungsleden's property holding comprises 415 properties with a book value of approximately SEK 9.5 bn. The holding is located in a total of 122 municipalities, although concentrated on the Swedish provinces of Götaland and Svealand. Kungsleden has been quoted on the OM Stockholm Exchange O-list since 14 April 1999. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2002/11/15/20021115BIT00600/wkr0001.doc http://www.waymaker.net/bitonline/2002/11/15/20021115BIT00600/wkr0002.pdf