Kungsleden acquires properties in Uppsala and Hörby (SE)

Kungsleden AB acquires the care property Uppsala Gränby 12:6 from PEAB for MSEK 57 including transaction costs. The yield based on the purchase price is calculated at approximately 7%.

The property is under completion after an expansion and a reconstruction of the same and total lettable area will amount to 2 732 sq.m with a rental value of MSEK 4,9. Largest tenant is the county council of Uppsala with a lease contract of 10 years.

Possession changes hands on 1 September 2006.

Kungsleden has also acquired the retirement home property Hörby Röinge 3:4 for a total of MSEK 15,5 including transaction costs from the private care operator KOSMO AB, at an estimated property yield of 10%. The lettable floor-space amounts to 1 950 sq.m. and the property has a rental value of MSEK 2,2.

Source: Kungsleden

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