STOCKHOLM, Sweden, July 04, 2003 (PRIMEZONE) -- The property company Kungsleden AB (publ) has aquired the property Nacka Mensattra 26:1.
The property consists of 36 apartments for elderly living and is let to Care Partner AB. The rental contract expires 2005-11-30. The property has an area of 2.047 sqm and a rental income of 3,6 MSEK per year including interest subsidies.
The purchase price is 37,1 MSEK including transaction costs.
"A modern property which fits well in our existing portfolio of properties for elderly living" says Jens Engwall , CEO of Kungsleden, commenting on the transaction.
For more information, please contact: Jens Engwall, Kungsleden's Chief Executive, tel: +46 (0)8 503 05204, mobile +46 (0)70 690 6550 Johan Risberg, Kungsleden's CFO, tel: +46 (0)8 503 05206, mobile +46 (0)70 690 6565
Detta pressmeddelande och bokslutskommuniken finns tillgangliga pa svenska pa www.kungsleden.se
Kungsleden's strategy is to ensure sustainable high and stable returns proceeding from its existing holding, and through acquisitions and disposals. Kungsleden's property holding comprises 420 properties with a book value of approximately SEK 10.3 bn. The holding is located in a total of 119 municipalities, although concentrated on the Swedish provinces of Gotaland and Svealand. Kungsleden has been quoted on the OM Stockholm Exchange O-list since 14 April 1999.
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