Kungsleden selling residential properties in Växjö for SEK 185 m

Listed Swedish property company Kungsleden AB (publ) is continuing to focus its
property portfolio in accordance with the company’s new strategy, and is selling
three residential properties for a purchase price of SEK 185 m.  These
properties, Oxdragaren 1, Vinaman 6 and Djäknen 4, are all located in the centre
of the southern Swedish city of Växjö and the buyer is Swedish property company
M2 Gruppen. The sale generates a profit of SEK 32 m.
The properties were acquired from GE Real Estate in autumn 2013 and have very
central locations in Växjö close to services, retailing and communications. They
are well-maintained properties of high quality that generate stable cash flows.

“These sales are fully consistent with our new strategy, which includes focusing
and concentrating our property portfolio. These transactions free up capital
that we can re-invest in new commercial properties in economic growth regions,”
commented Kungsleden’s CEO Biljana Pehrsson.

[image]Image: Oxdragaren 3

[image]Image: Djäknen 4

[image]Image: Vinaman 6
For more information, please contact:

Biljana Pehrsson, Chief Executive of Kungsleden | +46 (0)8 503 052 04 |
biljana.pehrsson@kungsleden.se
Anders Kvist, Deputy CEO and CFO of Kungsleden | +46 (0)8 503 052 11 |
anders.kvist@kungsleden.se

www.kungsleden.se
Detta pressmeddelande finns tillgängligt på svenska på
www.kungsleden.se/pressmeddelanden

Kungsleden AB (publ) 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 16 April 2014 at 8:00 a.m.

Kungsleden’s business concept is to own, manage and improve commercial
properties in growth regions in Sweden and to deliver attractive total returns.
Kungsleden’s strategies to create value are based on meeting the premises
requirements of customers by managing, improving and developing properties and
planning consents and by optimising the company’s property portfolio. Kungsleden
has been quoted on NASDAQ OMX Stockholm since 1999.