Kungsleden AB (publ) acquires 18 properties from the Finnish company Ramirent for a total of SEK 186 mln. The acquisition has an estimated property yield of 8,6 %.
The properties consists of parts of Ramirents machine rental depots in Sweden and comprises approximately 45 000 mÂ² of lettable floor-space and about 400 000 mÂ² of land with a rental value of SEK 24 mln.
The major tenant is Ramirent who stands for approximately 80% of the
rental value with an average lease length of 10 years.
Kungsleden will take possession of the properties on 31 January, 2006.