Kungsleden acquires logistic properties for SEK 532 m

Kungsleden acquires logistic properties for SEK 532 m

Press Release
19 June 2007

Listed Swedish property company Kungsleden AB (publ) acquires eight logistic
properties in Stockholm, Norrköping, Vetlanda, Gothenburg and Copenhagen. The
seller of the properties is Papyrus, a company in the Stora Enso Group. The
purchase price amounts to SEK 532 m and the property yield calculated at 6.9 %. 

The properties have a total lettable area of 61, 574 s.q.m. with a rental value
of SEK 44 m. Papyrus is the sole tenant with an average lease length of 5,5
years. 

Kungsleden will take possession of the properties on June 19, 2007 and July 2,
2007. 

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 disposals. As
of 31 March, the property portfolio comprised 598 properties with a book value
of SEK 24.3 bn. The holding is located in a total of 128 municipalities,
although concentrated on the Swedish provinces of Götaland and Svealand.
Kungsleden has been quoted on the Nordiska Börsen since 14 April 1999.