Kungsleden acquires four properties in Skara for SEK 71 m
Press Release 20 December 2010Through Hemsö, its 50 percent joint venture with AP3 (the Swedish Third Pension Insurance Fund), listed Swedish property company Kungsleden AB (publ) is acquiring four properties for a total purchase price of about SEK 71 m including transaction costs. The property yield is 8.2%. These properties are located in Skara municipality in South-western Sweden and have gross leasable area of 11,800 sq.m. Three of the properties belong to the Skara Campus area where SLU, the Swedish University of Agricultural Sciences, is located. Total rental value is approximately