STOCKHOLM, Sweden, Jan. 15, 2004 (PRIMEZONE) -- The property company Kungsleden AB (publ) increases its Group Management team with two persons in connection with a change in organization.
The type oriented business Area Retirement Homes is changed into a region and its manager, Mr Goran Linder, will take place in Kungsledens Group Management Team. Mr Lars Thagesson, presently Regional Director East, is appointed Chief Operating Officer (COO) with responsibility for all Regions within Kungsleden.
As new Regional Director East Kungsleden has appointed Mr Ake Kaur presently property manager within region East. Mr Kaur will also take place in Kungsledens Group Management Team.
After these changes, which will be in effect as of January 19, Kungsledens Group Management Team will consist of the following persons. Mr Jens Engwall CEO, Mr Johan Risberg deputy CEO and CFO, Mr Lars Thagesson COO, Mr Ake Kaur Regional Director East, Mr Benny Ivarsson Regional Director West , Mr Eskil Lindner Regional Director South and Mr Goran Linder Regional Director Retirement Homes.
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)8 503 052 06, 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 418 properties with a book value of approximately SEK 10.8 bn. The holding is located in a total of 117 municipalities, although concentrated on the Swedish provinces of Gotaland and Svealand. Kungsleden has been quoted on the Stockholm Exchange O-list since 14 April 1999.
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