Kungsleden Sells in Helsingborg

Kungsleden Sells in Helsingborg The property company Kungsleden AB (publ) has sold the property Helsingborg Bollbro 15 for SEK 70 million. The sale is made at a yield of 8 % before property administration and with a result of SEK 13 million. The day of taking possession is set for January 14, 2002. For more information, please contact: Jens Engwall, Chief Executive, tel: +46 (0)8 503 05204, mobile +46 (0)70 690 6550 Johan Risberg, Deputy Chief Executive, tel: +46 (0)8 503 05206, mobile: +46 (0)70 690 6565 Kungsleden's business concept is to own and manage properties with high and stable long-term property yield. Kungsleden is an active participant in the change processes on the Swedish property market, by utilizing and enhancing its competencies in structuring heterogeneous property holdings. This implies Kungsleden's property holding frequently changing through acquisitions and disposals. Kungsleden's portfolio comprises some 400 properties with a book value of nearly SEK 9 bn. The holding is located in approximately 130 municipalities, and is 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/2001/12/17/20011217BIT00810/bit0001.doc http://www.waymaker.net/bitonline/2001/12/17/20011217BIT00810/bit0001.pdf