Kungsleden acquires a property portfolio for SEK 2 billion in Kista Science City


Kungsleden AB acquires Kista One and three additional office properties, located
in Kista Science City, from Areim. The property portfolio has an underlying
property value of just over SEK 2 billion and the deal is expected to be closed
during the first quarter of 2015.
All of the properties have recently been redeveloped and fully modernized.Two
properties are LEED Gold certified and the other two are Green Building
certified. The total leasable area amounts to 73,000 sqm.

Kista has a strategic location between Stockholm City and Stockholm Arlanda
Airport, and with direct access to the E4 and E18. The properties are located
close to the shopping mall Kista Galleria and the main high street Kistagången,
a location which will be improved further with the planned city tram route along
Kistagången.

Kungsleden already owns three properties in Kista. Together with the four
acquired office properties, Kungsleden will become the third largest office
property owner in Kista with a total leasable space of close to 100,000 sqm.

Closing is expected to take place during the first quarter of 2015.

“Kungsleden has ambitious growth plans and this deal is completely in line with
our plan to strengthen our portfolio with high quality and sustainable
properties in the right location. Kista Science City is one of Stockholm’s most
interesting and proven office markets, and we have for quite some time wanted to
strengthen our position here”, says Biljana Pehrsson, CEO at Kungsleden.

“The Kista portfolio, owned by Areim Fund I, is fully developed and ready for
divestment in line with our strategy, says Therese Rattik, CEO of Areim. Kista
is a strong and interesting market for us and we look forward to investing in
new opportunities in the area in the future.”

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For more information, please contact:

Biljana Pehrsson, Chief Executive Officer of Kungsleden | 46 (0)8 503 052 04 |
biljana.pehrsson@kungsleden.se ( biljana.pehrsson@kungsleden.se)

Ylva Sarby Westman, Head of Transactions Kungsleden | 46 (0)8 503 052 27 |
ylva.sarby.westman@kungsleden.se ( ylva.sarby.westman@kungsleden.se)

www.kungsleden.se


Detta pressmeddelande finns tillgängligt på svenska på
www.kungsleden.se/pressmeddelanden

Kungsleden AB (publ) discloses the information in this press release according
to the Swedish Securities Markets Act and/or the Swedish Financial Trading Act.
The information was provided for public release on 3 December 2014 at 10:30 a.m.

Kungsleden’s business concept is to own, manage and improve commercial
properties in growth regions in Sweden and to deliver attractive total returns.
Kungsleden’s strategies to create value are based on meeting the premises
requirements of customers by managing, improving and developing properties and
planning consents and by optimising the company’s property portfolio. Kungsleden
has been quoted on NASDAQ Stockholm since 1999.

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