Kungsleden continues to expand its office portfolio and strengthens its presence in the existing Stockholm City West cluster at Kungsholmen through the acquisition of the properties Gladan 5, Gladan 6 and Gladan 7.
The properties are acquired at a price of €49.37m (MSEK 485) after deduction of deferred tax and access will take place in February 2018.
The office's leasable area amounts to approximately 11,200m² which means that Kungsleden expands its cluster at Kungsholmen to a total leasable area of approximately 46,400m².
"The acquisition gives us the opportunity to further develop Stockholm City West into a modern office cluster with an attractive environment for our customers. The properties have great development potential and our goal is to both develop the existing properties and create new modern premises in the area," says Ylva Sarby Westman, Deputy CEO and CIO Kungsleden.
