Kungsleden completes SEK 3.6 bn acquisition
Listed Swedish property company Kungsleden AB (publ) has reached a binding agreement regarding the acquisition of the majority of properties of NR Nordic & Russia Properties Ltd. This transaction was previously reported in press releases dated 20 December 2010 and 31 January 2011.Kungsleden is acquiring 36 properties, 33 of which are located in Sweden, one in Germany and two in Poland, for a purchase price of approximately SEK 3.6 bn including transaction costs. Completion is scheduled for 31 March 2011. The 36 properties have gross leasable area of 825,000 sq.m., 93% of which is in