Kungsleden signes a new lease agreement covering 15 300 sq.m with existing tenant Försäkringskassan

Kungsleden (PUBL) extends the rental relationship with Försäkringskassan in Östersund through a new lease agreement of six years and a total rental value of MSEK 125. In accordance with the new agreement, premises are converted to an activity-based office of 15 300 sq.m. in the Karlslund 5: 2 property. Rent per sq.m is increased by SEK 300.

The lease with Försäkringskassan is a so-called "green lease" - an agreement between tenant and landlord regarding common measures to maintain or improve the premises environmental performance. By arranging the office space to suit a more activity based way of working, Försäkringskassan has reduced their need of space from 16 500 sq.m to 15 300 sq.m. The remaining 1 200 sq.m will now accommodate a new tenant. The Karlslund 5: 2 property is located in the middle of the Kungsleden clusters covering 79 000 sq.m, in central Östersund, close to the Gustav 111 square and the Central station.

"We are very pleased with the cooperation with Kungsleden and look forward to work in new custom-made premises in the future," says Bo Dalfors at Försäkringskassan.

"It is with great pleasure that we can offer Försäkringskassan the opportunity to remain as a tenant with us and that we proactively found a new solution that suits them. We wish Försäkringskassan good luck and hope they will enjoy their converted premises, "says Per Englund, Head of Marketing at Kungsleden.

For more information, please contact:

Per Englund, Asset Manager Östersund | +46-8-503 052 04 | per.englund@kungsleden.se

Sven Stork, Head of Real Estate Stockholm | +46-8-503 052 06 | sven.stork@kungsleden.se

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

The information was provided for public release on 22 December, 2017 at 1:00 p.m.

Kungsleden is a long term property-owner that provides attractive, functional premises 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 is listed on NASDAQ Nordic Large Cap.

About Us

Kungsleden is a property company operating in Sweden and listed on Nasdaq Stockholm. We focus on owning, actively managing, improving and developing commercial properties long-term in the office, industry/warehouse and retail segments, in chosen growth regions such as Greater Stockholm, Greater Gothenburg, the Mälar Valley and southwestern Sweden. We offer appealing and functional premises in the right locations at the right price. Clustering our properties, ensuring a good local knowledge and being close to our customers allows us to quickly offer new solutions when our customers’ needs change.

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Quotes

We are very pleased with the cooperation with Kungsleden and look forward to work in new custom-made premises in the future
Bo Dalfors at Försäkringskassan
It is with great pleasure that we can offer Försäkringskassan the opportunity to remain as a tenant with us and that we proactively found a new solution that suits them. We wish Försäkringskassan good luck and hope they will enjoy their converted premises,
Per Englund, Head of Marketing at Kungsleden