Kungsleden increases its presence in Malmö

Kungsleden AB (publ) strengthens its position in Hyllie, Malmö’s largest
development area, through the acquisition of Malmö Vagnslidret 1 where a new
office building is being constructed. The property is a perfect complement to
Malmömässan, which was acquired by Kungsleden earlier this autumn and located
nearby. The sales price is set at SEK 165 million.
Malmö Vagnslidret 1, also referred to as project “Isblocket” (The Ice Brick) is
located next to the express train station in Hyllie and will be completed at the
end of 2015. Hylllie, which is Malmö’s largest development area, has a strategic
location just minutes away from Copenhagen Airport and the city centers of Malmö
and Copenhagen.

The seller Otto Magnusson Byggnads AB, is developing the property with a total
leasable area of 4,591 sqm. A longer leasing agreement has been signed with
Malmö municipality’s parking company P-Malmö.

The acquisition is expected to be completed when the project is finalized and
surveyed in January 2016.

“We continue to strengthen our position in the Malmö region through the
acquisition of “Isblocket”, located in one of southern Sweden’s most appealing
areas. The acquisition is in line with our strategy to expand our portfolio with
high quality properties in growth regions, which this deal clearly confirms”,
says Ylva Sarby Westman, Head of Transactions at Kungsleden.

[image]Photo: Visualization of Malmö Vagnslidret 1
For more information, please contact:

Ylva Sarby Westman, Head of Transactions Kungsleden | +46 (0)8 503 052 27 |
ylva.sarby.westman@kungsleden.se ( ylva.sarby.westman@kungsleden.se)
Biljana Pehrsson, Chief Executive of Kungsleden | +46 (0)8 503 052 04 |
biljana.pehrsson@kungsleden.se ( biljana.pehrsson@kungsleden.se)

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

The information was provided for public release on 22 December 2014 at 07:00
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.