Kungsleden is negotiating sales and acquisitions (SE)

The property company Kungsleden AB has signed a letter of intent regarding sale of commercial properties in Sweden amounting to approximately MSEK 4 300 and acquisition of public properties of about MSEK 300.

If the sale is carried through, the capital gain is estimated to MSEK 650 and the profit for calculating dividends to MSEK 850.

Final agreement is estimated to be signed before the end of June 2006.

Source: Kungsleden

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