Kungsleden acquires property in Årsta (SE)

Swedish property company Kungsleden AB (publ) acquires the property Partihallen 1 in Årsta for a purchase price of 96 MSEK (approx. €10m) from Axfast. The yield based on the purchase price is calculated at approximately 8%.

The property consists of about 21 000 m² of lettable area, of which approximately 70 % consists of warehouse. The rental value amounts to 14 MSEK.

Source: Kungsleden

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