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| Kungsleden sells two commercial properties Listed Swedish property company Kungsleden AB is selling two commercial properties for a total purchase price of approximately SEK 88 m excluding transaction costs. The total sales price exceeds book value by about SEK 8 m and acquisition cost by around SEK 3 m. This latter amount will be posted to Kungsleden's profit for calculating dividends for 2009. Gross leasable area is 8, 834 sq.m. One of the properties is located in Västerås, west of Stockholm, with the majority let to regional newspaper Vestmanlands Läns Tidning. The second property is in Viggbyholm industrial estate in Täby, north of Stockholm. Completion on the Västerås property is on 30 November 2009, and for the property in Täby, on 1 December 2009. write your comments about the article :: © 2009 Construction News :: home page |