Kungsleden to divest vacant property in Täby

Kungsleden has signed an agreement to divest the Täby Fräsen 1 property to Hemsö Fastighets AB for SEK 32 million. The selling price exceeds the property’s book value by a few million Swedish kronor.

The property encompasses 1,900 sq.m. of leasable space and has a vacancy rate of just over 70 per cent. The property will be transferred during the fourth quarter of 2020.

For more information, please contact:

Ylva Sarby Westman, Deputy CEO and CFO | +46 8 503 052 27| ylva.sarby.westman@kungsleden.se

Anna Trane, Head of Corporate Communications | +46 8 503 052 04 | anna.trane@kungsleden.se

About Kungsleden. We are people that create places and experiences for people. By developing and managing attractive and sustainable places, we offer people a better and more inspiring work experience. We are a long-term property owner focused on commercial properties in Sweden’s growth regions. As of 31 March 2020, we owned 209 properties with total value of SEK 38,912 m. Kungsleden (KLED) is listed on the Nasdaq Stockholm Large Cap. Read more at www.kungsleden.se