16. Februar 2012 
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Kungsleden sells five properties for SEK 151m
Listed Swedish property company Kungsleden AB (publ) is selling five properties for a total purchase price of SEK 151m excluding transaction costs at a property yield of 7.1%. The sales price exceeds book value by approximately SEK 10m and exceeds acquisition cost by about SEK 26m. This latter amount will be included in Kungsleden’s profit for calculating dividends for 2012.
Four of the properties are located in Sollentuna, near Stockholm, and one property is in Visby, on the island of Gotland. Leasable area is around 18,200 sq.m.
Completion is scheduled for 2 April 2012
“In an increasingly harsh investor climate, it feels good to start the year with a transaction at a good profit. Kungsleden’s business model is designed to improve the property portfolio’s risk-adjusted returns. Through the sale in Visby, we are also selling our only holding on Gotland. Accordingly, this transaction is a good example of active portfolio enhancement,” commented Kungsleden’s Chief Executive Thomas Erséus.
Properties:
• Elektronen 1 / Hovslagarevägen 5 / Sollentuna (2.373 m²)
• Elektronen 4 / Hovslagarevägen 3A / Sollentuna (3.747 m²
• Elementet 3 / Bäckvägen 20 / Sollentuna (2.708 m²)
• Pipdånen 5 / Stenkumlaväg 1 / Gotland (5.319 m²)
• Ringpärmen 5 / Bergkällavägen 34 / Sollentuna (4.069 m²)
Four of the properties are located in Sollentuna, near Stockholm, and one property is in Visby, on the island of Gotland. Leasable area is around 18,200 sq.m.
Completion is scheduled for 2 April 2012
“In an increasingly harsh investor climate, it feels good to start the year with a transaction at a good profit. Kungsleden’s business model is designed to improve the property portfolio’s risk-adjusted returns. Through the sale in Visby, we are also selling our only holding on Gotland. Accordingly, this transaction is a good example of active portfolio enhancement,” commented Kungsleden’s Chief Executive Thomas Erséus.
Properties:
• Elektronen 1 / Hovslagarevägen 5 / Sollentuna (2.373 m²)
• Elektronen 4 / Hovslagarevägen 3A / Sollentuna (3.747 m²
• Elementet 3 / Bäckvägen 20 / Sollentuna (2.708 m²)
• Pipdånen 5 / Stenkumlaväg 1 / Gotland (5.319 m²)
• Ringpärmen 5 / Bergkällavägen 34 / Sollentuna (4.069 m²)
