Cookie Error:

Cookies deactivated. To use all functions on this portal, for example the login, Cookies must be activated. Please activate Cookies in your browser settings.

    Print Print 

Kungsleden divests 16 properties for €44.5 million and leaves seven municipalities

Kungsleden continues to concentrate its property holdings to prioritised growth markets and divests 16 properties for €44.5 million (SEK 427 million), resulting in a positive income effect of around €3.65 million (SEK 35 million). The divestments involve Kungsleden leaving the municipalities of Kumla, Filipstad, Kungsör, Sandviken, Arboga, Piteå and Sigtuna. Kungsleden continues to focus its property holdings to prioritised growth markets and concentrates its geographical presence to 28 from 34 municipalities outside the metropolitan areas. The properties have a total leasable area of over 102,000 square meters.The divestments are part of Kungsleden's strategy of concentrating its holdings in selected growth markets in which one of th...[…]