Kungsleden sells five properties for SEK 151 m

Kungsleden sells five properties for SEK 151 m

Listed Swedish property company Kungsleden AB (publ) is selling five properties
for a total purchase price of SEK 151 m excluding transaction costs at a
property yield of 7.1%. The sales price exceeds book value by approximately SEK
10 m and exceeds acquisition cost by about SEK 26 m. This latter amount will be
included in Kungsleden’s profit for calculating dividends for 2012.

Four of the properties are located in Sollentuna, near Stockholm, and one
property is in Visby, on the island of Gotland. Leasable area is around 18,200
sq.m.

Completion is scheduled for 2 April 2012

“In an increasingly harsh investor climate, it feels good to start the year with
a transaction at a good profit. Kungsleden’s business model is designed to
improve the property portfolio’s risk-adjusted returns. Through the sale in
Visby, we are also selling our only holding on Gotland. Accordingly, this
transaction is a good example of active portfolio enhancement,” 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