Hemsö purchases a property for SEK 130 m

Hemsö purchases a property for SEK 130 m

Through Hemsö, its joint venture with AP3 (the Swedish Third Pension Insurance
Fund), listed Swedish property company Kungsleden AB (publ) is purchasing a
public property for a total purchase price of approximately SEK 130 m including
transaction costs. The initial property yield amounts to 6.8%.

This property is in Västerås, west of Stockholm, and houses a retirement home
and local retail centre. Gross leasable area is around 9,000 sq.m., the tenant
being the City of Västerås with a remaining lease term of 15 years. Total rental
value is about SEK 12 m.

Completion is scheduled for 1 January 2012.

“This transaction involves a 15-year lease with the City of Västerås, which
ensures long-term stable returns,” commented Kungsleden’s Chief Executive Thomas
Erséus.

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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

www.kungsleden.se (http://www.kungsleden.se)