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2016-11-15

Kungsleden AB: Kungsleden strengthens in property development

Kungsleden continues to keep a high pace in property development and
strengthens its project organization by recruiting Sophie Löfving as
project manager. Sophie Löfving has extensive experience within the
industry and will primarily focus on the later stages of the real
estate development process, namely project development and
implementation.

The recruitment is part of Kungsleden's continued focus on portfolio
optimization and refining through development projects such as
renovation, extensions and conversions of existing premises, along
with utilization of building rights. Kungsleden's property
development department will have a rolling project volume of about
1-1.2 billion, of which 826 million are already approved projects.

"I am very satisfied that we have been able to recruit such a
competent and energetic colleague as Sophie. The recruitment will
help us to maintain a high tempo and ensure that the development
projects are carried out according to established targets and also
add exciting new values in our clusters and the surrounding urban
environments," says Frida Stannow Lind, Head of Property Development
at Kungsleden.

"I look forward to start working at Kungsleden as the company has made
an impressive journey in recent years when it comes to switching to
long-term ownership of the property holdings. I am attracted to
working with value-creating projects and to be a part of Kungsleden's
corporate culture with values such as professionalism, care and joy,"
says Sophie Löfving.

Sophie Löfving leaves Savills, where she has held the role of project
manager with a focus on commercial properties. Prior to that, she
held various roles in areas such as project development at Lindex,
Grontmij and Newsec Asset Management.

Sophie Löfving will start at Kungsleden in the end of January 2017.
[image]Photo: Sophie Löfving

For more information, please contact:

Frida Stannow Lind, Head of Property Development at Kungsleden | +46 8
503 052 30 | frida.stannow.lind@kungsleden.se

www.kungsleden.se

Detta pressmeddelande finns tillgängligt på svenska på
www.kungsleden.se/pressmeddelanden

The information was provided for public release on 15 November 2016 at
07:00 a.m.

Kungsleden is a long term property-owner that provides attractive,
functional premises that enrich people's working days. We create
value by owning, managing and developing offices and other commercial
properties in Stockholm and Sweden's other growth regions. A large
portion of our properties belong to attractively located clusters
where we also engage in the development of the whole area.
Kungsleden's goal is to deliver an attractive total return on our
properties and for our shareholders. Kungsleden is listed on NASDAQ
OMX Nordic Mid Cap.

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http://news.cision.com/kungsleden-ab/r/kungsleden-strengthens-in-propert...
http://mb.cision.com/Main/293/2122208/589491.pdf

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