Kungsleden sells five properties for SEK 20 m

Kungsleden sells five properties for SEK 20 m

Press Release
18 December 2008

Listed Swedish property company Kungsleden AB (publ) is selling five commercial
properties in Landskrona, southern Sweden, for a purchase price of some SEK 20
m. Total rental value is approximately SEK 4 m. The buyer is privately owned
southern Swedish property company Svenska Hus i Skåne AB. 

The sales prices is consistent with book value and exceeds acquisition value by
some SEK 7 m. This latter amount will be posted to Kungsleden's profit for
calculating dividends for 2008.

Kungsleden will relinquish possession on 31 January 2009.

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 18 December 2008 at 09.00 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 September 2008, the property portfolio comprised 608 properties with a
book value of SEK 28.5 bn. The holding was located in a total of 132
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.