Kungsleden sells a property for SEK 82 m

Kungsleden sells a property for SEK 82 m

Listed Swedish property company Kungsleden AB (publ) is selling a commercial
property for a total purchase price of approximately SEK 82 m. The property
yield is 6.1%. The sales price exceeds book value by SEK 11 m and acquisition
cost by SEK 10 m. This latter amount is included in Kungsleden’s profit for
calculating dividends for 2011.

 This property is located in Umeå, north-eastern Sweden, and consists of four
free-standing buildings. Leasable area is about x sq.m. The purchaser is Lumaf
Förvaltning, held by the Lundgren brothers, Leif and Lennart.

Completion will be on 21 December 2011.

"We are continuing to work on enhancing our portfolio, and see a good
opportunity to sell to a local player at a price exceeding book value,”
commented Kungsleden’s Chief Executive Thomas Erséus.

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