Kungsleden signs 1,300 sqm lease agreement in Växjö

Kungsleden has signed a fifteen year lease agreement with Knock ‘em Down AB, a bowling and restaurant operator. Knock ‘em Down will lease 1,300 sqm in the property Tegnér 15.

Kungsleden AB (publ) has signed a fifteen year lease agreement with the company Knock ‘em Down AB, which will open its first bowling hall and restaurant in the property Tegnér 15 in central Växjö. The 1,300 sqm premises will undergo a large renovation in order to be adapted to the new business. The bowling hall and restaurant will open during autumn 2016.

“We are delighted to lease such a large and well-known space to a brand new entertainment concept that will become an important contribution to Växjö and its inhabitants. We will adapt the premises in close dialogue with Knock ‘em Down so that we create the best possible circumstances for the business, the customers and the property”, says Tobias Nilsson, Property Manager Kungsleden.

“We are proud and happy to finally realise our vision. Starting this autumn Knock ‘em Down will open its doors on Västra Esplanaden in Växjö with bowling, pool, shuffleboard as well as a restaurant and a bar. It will be an exciting and fantastic journey for all of us”, says Malin Berggren, Knock ‘em Down.

For more information, please contact:

Tobias Nilsson, Property Manager Kungsleden | +46 40 17 44 23 | tobias.nilsson@kungsleden.se

www.kungsleden.se

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

The information was provided for public release on 30 March 2016 at 07:00 a.m.

Kungsleden’s business concept is to own, manage and improve commercial properties in growth regions in Sweden and to deliver attractive total returns. Kungsleden’s strategies to create value are based on meeting the premises requirements of customers by managing, improving and developing properties and planning consents and by optimising the company’s property portfolio. Kungsleden has been quoted on NASDAQ Stockholm since 1999.

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About Us

Kungsleden is a long-term property-owner, and our vision is to create attractive and sustainable places 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 (KLED) is listed on NASDAQ Nordic Large Cap.

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We are delighted to lease such a large and well-known space to a brand new entertainment concept that will become an important contribution to Växjö and its inhabitants. We will adapt the premises in close dialogue with Knock ‘em Down so that we create the best possible circumstances for the business, the customers and the property
Tobias Nilsson, Property Manager Kungsleden
We are proud and happy to finally realise our vision. Starting this autumn Knock ‘em Down will open its doors on Västra Esplanaden in Växjö with bowling, pool, shuffleboard as well as a restaurant and a bar. It will be an exciting and fantastic journey for all of us
Malin Berggren, Knock 'em Down