Kungsleden sells two properties for approx. SEK 75 m
Listed Swedish property company Kungsleden AB (publ) is selling two properties for a total purchase price of SEK 75 m excluding transaction costs at a property yield of 6.5%. The sales price exceeds book value and acquisition cost by approximately SEK 4 m. This amount will be included in Kungsleden’s profit for calculating dividends for 2012.The properties are located in Linköping, south west of Stockholm, and leasable area amounts to approximately 7,100 sq.m. divided 50% retail, 41% care and 9% office and other accommodation. These properties are fully let to various tenants, the largest