Kungsleden’s Master Lease agreement with ABB in Västerås is renegotiated and replaced with 17 new lease agreements
Kungsleden AB (publ) has together with its largest tenant ABB agreed to restructure the lease agreement relationship in Västerås. The old Master Lease agreement is replaced with 17 new lease agreements with a total lease value of 214 MSEK per year and a considerably longer duration.ABB is since 2008 Kungsleden’s largest tenant representing approximately 14 % of Kungsleden’s total lease income. Kungsleden and ABB have now agreed to restructure the common lease agreement relationship. The 13 year old Master Lease agreement, which includes all properties in Västerås is replaced with 17 normal