Kungsleden notes increased demand for premises in Gävle, lets to brewer Spendrups’ haulage contractor BIBAB

Listed Swedish property company Kungsleden AB (publ) has signed a six-year lease
contract with BIBAB, Bryggeritransporter i Bergslagen AB, which deals with all
brewer Spendrups’ transportation and distribution. As a result, BIBAB is
relocating its operations from Uppsala to Gävle, and reducing the group’s
transportation costs.
The logistics premises are some 1,300 sq.m., and with current tenant Nilar
International AB, approximately 20% of the Tomokohus property is let. This
property has high potential with a variety of extension alternatives.
“Demand for this type of premises, with high ceilings and large open spaces, has
increased. We think its location in Gävle is good for logistics and
transportation,” commented Thomas Erséus.
The port of Gävle considers investing 500 SEK m in order to gain new docks, a
larger harbour estate and a new entrance channel. Its rail connection will also
be enhanced. After the investment, port capacity will increase by 40% from the
current 5 million tons to over 7 million tons of freight annually.
Kungsleden’s current tenant Nilar International AB will start automating
production in October/November, thus lifting its output rate significantly. The
company judges that it will be expanding its operations by 2,000-3,000 sq.m.
over a two-year period. Kungsleden expects that Tomokohus will be fully let in
2014.

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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
Cristoffer Högberg, Property Manager Kungsleden | tel +46 (0)8-503 052 28 |
mobile +46 (0)70-690 65 83

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 13 September 2012 at 11:00
a.m.
Kungsleden’s strategy is to ensure sustainable high and stable returns
proceeding from its existing holding, and through acquisitions and divestments.
As of 30 June 2012, the property portfolio comprised 322 properties with a book
value of SEK 15.8 bn. The portfolio was located in a total of 101
municipalities, mainly in southern and central Sweden. Kungsleden has been
quoted on the Nasdaq OMX Stockholm since 1999.