Kungsleden makes SEK 74 m property acquisitions

Kungsleden makes SEK 74 m property acquisitions 

Press Release 4 May 2010

Listed Swedish property company Kungsleden AB (publ) is acquiring three
commercial properties for a total purchase price of approximately SEK 74 m
including transaction costs. 

These properties have gross leasable area of 11,040 sq.m., mainly consisting of
warehouse and trade retail premises. The properties are located in Norrköping,
Linköping and Jönköping, south west of Stockholm, locations with active and
healthy trade and industry. Total rental value is just over SEK 7.7 m.

All properties are being 100% let to electrical supplies wholesaler Svenska
Elgrossist AB SELGA. 

Completion is scheduled for 31 May 2010.

“These properties have a good fit with Kungsleden's existing portfolio in terms
of their high and stable returns. Their locations have stable markets for
industrial properties, featuring relatively low vacancies,” commented
Kungsleden's Chief Executive Thomas Erséus.

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 4 May 2010 at 10:15 a.m.

For more information, please contact:
Thomas Erséus, CEO Kungsleden | phone +46 8 503 052 04 | mobile +46 70 378 20 24
Johan Risberg, Deputy CEO Kungsleden | phone +46 8 503 052 06 | mobile +46 70
690 65 65

This press release is available in Swedish at www.kungsleden.se

Kungsleden's strategy is to ensure sustainable high and stable returns
proceeding from its existing holding, and through acquisitions and divestments.
As of 31 March 2010, the property portfolio comprised 556 properties with a book
value of SEK 21.2 bn. The holding was located in a total of 130 municipalities,
although concentrated on the Swedish provinces of Götaland and Svealand, and the
Öresund region. Kungsleden has been listed on Nasdaq OMX Stockholm since 1999.