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2014-06-27

Kungsleden AB: Kungsleden sells three properties in Skövde, exiting the region

Kungsleden AB (publ) is continuing to streamline is property portfolio
to strategically prioritized regions in accordance with its strategy,
and is selling three smaller properties in Skövde, southern Sweden.
The total purchase price is SEK 20 m, at a par with Kungsleden's book
value.

The properties have total leasable area of some 3,770 sq.m. The buyer
is a smaller private property investor.

The sale of the properties Storängen 11, Granåsen 3 and Bäckaskog 3,
all located on the outskirts of Skövde, means that Kungsleden is
exiting the region.

"We're continuing to streamline our property portfolio through the
sale of these properties. The sale releases capital that can be
reinvested in strategic properties on prioritized growth markets,"
commented Ylva Sarby Westman, Transaction Manager at Kungsleden.

[image]Image: Bäckaskog 3, Granåsen 3 and Storängen 11
For more information, please contact:

Ylva Sarby Westman, Transaction Manager of Kungsleden | +46 (0)8 503
052 27 | ylva.sarby.westman@kungsleden.se (
ylva.sarby.westman@kungsleden.se)

Biljana Pehrsson, Chief Executive of Kungsleden | +46 (0)8 503 052 04
| biljana.pehrsson@kungsleden.se ( biljana.pehrsson@kungsleden.se)

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 27 June 2014 at 8:00 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-sells-three-properties...
http://mb.cision.com/Main/293/9608642/261395.pdf

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