Kungsleden acquires logistics properties for SEK 545 m

Kungsleden acquires logistics properties for SEK 545 m

Press Release
25 September 2007

Swedish listed property company Kungsleden AB (publ) is acquiring four
properties for a purchase price of SEK 545 m excluding transaction costs, at an
estimated property yield of 7,0%. The vendor is limited company Bockasjö AB,
50:50 owned by Joakim Hedin and Paul Frankenius.

The acquired properties are located in Borås, south-western Sweden. The
properties have total lettable floor-space of approximately 107,000 sq.m., the
majority being warehouse and logistics premises, with total rental value of just
over SEK 49 m. The properties are fully let.

Kungsleden will take possession on 1 October 2007.


For more information, please contact:
Thomas Erséus, Chief Executive, tel +46 (0)8 503 05204, mobile +46 (0)70 378
2024
Johan Risberg, Deputy Chief Executive, tel +46 (0)8 503 05206, mobile +46 (0)70
690 6565

Detta pressmeddelande finns tillgängligt på svenska på www.kungsleden.se
Kungsleden's strategy is to ensure sustainable high and stable returns
proceeding from its existing holding, and through acquisitions and disposals. As
of 30 June, the property portfolio comprised 606 properties with a book value of
SEK 25.4 bn. The holding is located in a total of 128 municipalities, although
concentrated on the Swedish provinces of Götaland and Svealand. Kungsleden has
been quoted on the Nordiska Börsen since 14 April 1999.