Kungsleden acquires eight properties for SEK 365 m

Kungsleden acquires eight properties for SEK 365 m

Press Release
22 August 2008

Listed Swedish property company Kungsleden AB (publ) is acquiring eight
commercial properties located in six locations in central Sweden for a total
purchase price of SEK 365 m including transaction costs. The seller is the
Stampen group, Sweden's largest newspaper owner. Several regional newspapers
have their newsrooms located in the properties.

These properties have total lettable floor-space of some 52,000 sq.m., mainly
consisting of offices (37 per cent) and production facilities (56 per cent). The
biggest tenant is V-TAB, the largest printing group in the Nordic region, which
provides some 60 per cent of total rental revenues. The average rental term of
the portfolio is 6.5 years.

Kungsleden will take possession on 1 October.

“These properties suit Kungsleden's existing property portfolio well in terms of
their high and stable returns,” commented Kungsleden's Chief Executive Thomas
Erséus, “We assess their risk level as low because they are in attractive
locations and are flexible for different usage.”



Kungsleden 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 22 August 2008 at 8:30 a.m.

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 divestments.
As of 30 June 2008, the property portfolio comprised 609 properties with a book
value of SEK 28.7 bn. The holding was located in a total of 134 municipalities,
although concentrated on the Swedish provinces of Götaland and Svealand, and the
Öresund region. Kungsleden has been quoted on the OMX Nordic Exchange Stockholm
since 1999.