Swedish property company Kungsleden AB (publ) acquires 32 properties located in the central and southern parts of Sweden from Fastighets AB Tornet. The purchase price amounts to MSEK 1,050 (approx. €110m) and the yield based on the sales price is calculated at 7,4 %.
The properties consists of 180 000 m² of lettable area, primarily
offices and industry/warehouse premises, with a rental value of
approximately MSEK 134.
Kungsleden will take possession of the properties on 1 March, 2006.
Source: Kungsleden
