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2014-04-16

Kungsleden AB: Kungsleden letting 7,900 sq.m. in Karlstad

Listed Swedish property company Kungsleden AB (publ) is letting a
total of 7,900 sq.m. in Örsholmen, the largest industrial and
logistics estate in the city of Karlstad, west of Stockholm. The new
tenant is tyre company Nordicwheels AB, on a six-year contract on
7,492 sq.m. and Pasha Restaurant, on a ten-year contract on 406 sq.m.

Nordicwheels will relocate to the property designated Östanvinden 4 on
1 August 2014, and into the premises that Sweden Post Logistics
vacated at the end of March this year. This property is in the
largest industrial and logistics estate in Karlstad, which lies on
the main highways and only 5 km from the centre of the city. The
premises are well suited to Nordicwheels' operations, with only very
few adaptations required.

Additionally, well-known Lebanese restaurant Pasha has decided to
relocate from the city centre to Örsholmen, and has signed a ten-year
contract.

Other current tenants in this property include the County Council,
Emmaboda glas and Stena metall.

"We've succeeded in the filling a very substantial vacancy very
quickly and are delighted to be able to offer expedient premises for
Nordicwheels' start-up in Karlstad," commented Anders Frisell,
Kungsleden's Assistant Property Manager.

Pasha restaurant will relocate its operations from the former premises
in the centre of Karlstad, which are to be demolished and converted
to housing. Kungsleden will be adapting and modernising these
premises for the relocation, which is scheduled for 1 October 2014.

"Pasha is a popular luncheonette and exactly the right tenant for
these premises and the property. The restaurant will make a positive
contribution to the services available in the estate, enhancing the
attractions of the property and the estate for current and potential
tenants," continued Mr. Frisell.

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For more information, please contact:

Anders Frisell, Assistant Property Manager of Kungsleden | +46 (0)31
755 5633 | anders.frisell@kungsleden.se

Nicklas Arfvidsson, Regional Manager of Kungsleden | +46 (0)31 755
5631 | nicklas.arfvidsson@kungsleden.se
(nicklas.arfvidsson@kungsleden.se%20)

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 11:00 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.

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http://news.cision.com/kungsleden-ab/r/kungsleden-letting-7-900-sq-m--in...
http://mb.cision.com/Main/293/9570324/234138.pdf

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