New asset and property management organization and Eskil Lindnér, Head of Property Management, leaves Kungsleden

Since 2013, Kungsleden has worked with the implementation of the new business strategy, which has included a major restructuring and expansion of the property portfolio. It has also involved a new management organization focusing on our core business – to actively manage, improve and develop our commercial properties in order to create an attractive total return over time.

CEO Biljana Pehrsson has together with Eskil Lindnér, Head of Property Management, worked to put in place a strong asset and property management organization with experienced Regional Managers who are responsible for all management operations within their region. As all Regional Managers now are in place, Eskil Lindnér has decided to leave Kungsleden after sixteen years to pursue new challenges.

“I have had the opportunity to work in leading positions within Kungsleden during a period of sixteen years. It has been an exciting period, especially since the new strategy was introduced almost three years ago. We now have a strong organization focusing on property management, leasing and value creation. The implementation of the strategy is now moving into an operational phase and I believe it is a good time for me to leave”, says Eskil Lindnér.

“On both my and the Board’s behalf I want to thank Eskil for his contribution to the company over the years. Personally, I am especially grateful for the continuity and stability he has brought to the organization during recent years when the implementation of the new strategy meant notable change for both employees and customers. The four regional managers will as of today report directly to me and I want to welcome them to their new responsibilities in Kungsleden. Every Regional Manager will act as the “CEO” for all operations in his region, with full profit & loss responsibility for properties and customers. Our focus will now be on creating value and long-term customer relations by managing, improving and developing our properties”, says Biljana Pehrsson, CEO at Kungsleden.

Eskil Lindnér will leave Kungsleden at the end of 2015.

For more information, please contact:

Biljana Pehrsson, Chief Executive of Kungsleden | tel +46 (0)8 503 052 04
biljana.pehrsson@kungsleden.se

www.kungsleden.se

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

The information was provided for public release on 1 October 2015 at 7:00 am

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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Quotes

I have had the opportunity to work in leading positions within Kungsleden during a period of sixteen years. It has been an exciting period, especially since the new strategy was introduced almost three years ago. We now have a strong organization focusing on property management, leasing and value creation. The implementation of the strategy is now moving into an operational phase and I believe it is a good time for me to leave
Eskil Lindnér
On both my and the Board’s behalf I want to thank Eskil for his contribution to the company over the years. Personally, I am especially grateful for the continuity and stability he has brought to the organization during recent years when the implementation of the new strategy meant notable change for both employees and customers. The four regional managers will as of today report directly to me and I want to welcome them to their new responsibilities in Kungsleden. Every Regional Manager will act as the “CEO” for all operations in his region, with full profit & loss responsibility for properties and customers. Our focus will now be on creating value and long-term customer relations by managing, improving and developing our properties
Biljana Pehrsson, CEO Kungsleden