Kungsleden signs rental contract with Jacobson & Widmark AB (J&W)

Kungsleden signs rental contract with Jacobson & Widmark AB (J&W) Kungsleden has signed a rental contract for new office premises with J&W. Kungsleden acquired these premises, located in Gothenburg's Gamlestaden district, from SKF at the beginning of 2001. J&W, which currently rents some 5000 sq.m. of the property, is now co- locating its activities in Gothenburg's old town quarter. The new rental agreement, which encompasses some 2,500 sq.m., will mean J&W renting a total of 7,500 sq.m. of this property. The presently unoccupied industrial premises will be converted to offices, and are scheduled for occupation in summer 2002. After this conversion, the property will be fully let. Jens Engwall, Kungsleden's Chief Executive, commented: "J&W is a major player in expert technical consulting services, and makes high demands on attractive premises with good functional and environmental characteristics. Our agreement underscores the fact that Kungsleden's properties in Gothenburg old town have raised their status as a favorable and attractive office location in the city." For more information, please contact: Jens Engwall, Chief Executive, tel: +46 (0)8 503 05204, mobile: +46 (0)70 690 6550 Kungsleden's business concept is to own and manage properties with a 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 property portfolio comprises 445 properties with a book value of over SEK 8.0 bn. The holding is located in a total of 138 municipalities, and is concentrated on the Swedish provinces of Götaland and Svealand. Kungsleden has been quoted on OM Stockholm Exchange's 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/2001/09/24/20010924BIT00870/bit0001.doc http://www.waymaker.net/bitonline/2001/09/24/20010924BIT00870/bit0001.pdf