Kungsleden sells a property for SEK 385 m

Kungsleden sells a property for SEK 385 m

Listed Swedish property company Kungsleden AB (publ) is selling a commercial
property for a total purchase price of SEK 385 m. The property yield amounts to
7,1%. The sales price exceeds book value by SEK 20 m and acquisition cost by SEK
18 m. This latter amount will be included in Kungsleden’s profit for calculating
dividends for 2011.

The property is located in Karlskrona, southern Sweden, and is 100% let to ABB.
Leasable area amounts to approximately 37 000 sq.m., mainly consisting of
industrial premises.

Completion will be on 7 December 2011 and the buyer is ABB.

“ABB has its own plans for this property, so it feels natural for them to
realise them themselves. This is a good transaction, as well as the result of a
positive collaboration with ABB,” 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