Kungsleden purchases property for SEK 20 m

Kungsleden purchases property for SEK 20 m

Listed Swedish property company Kungsleden AB (publ) is purchasing a
commercial property for a price of SEK 20 m excluding transaction costs,
which is an acquisition price of approximately SEK 22 m including
transaction costs. The initial property yield is approximately 8.8%.

This property is located in Uddevalla, in the west of Sweden, and has
gross leasable area of about 3,900 sq.m. The rental value is around SEK
3,5 m.

The property was a part of the auction of the Kefren portfolio and
completion is scheduled for 8 November 2011.

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For more information, please contact:

Thomas Erséus, CEO Kungsleden | phone +46 (0)8 503 052 04 | mobile +46
(0)70 378 20 24
Johan Risberg, Deputy CEO Kungsleden | phone +46 (0)8 503 052 06 |
mobile +46 (0)70 690 65 65