July 10, 2014 - Assignment

Kungsleden sells 39 properties in Norrland, northern Sweden

Kungsleden AB (publ) continues to streamline its property portfolio and has sold 39 properties to NP3 for SEK 760 million. The properties largely comprise industrial and warehousing facilities, with total leasable area of approx. 144 100 square metres.

Kungsleden is a listed Swedish real property company. The company’s real property portfolio consists of commercial properties and modular buildings. Kungsleden has been quoted on the NASDAQ OMX Stockholm since 1999.

Kungsleden was advised by Mannheimer Swartling in the transaction. Klas Wennström led the firm’s team, primarily assisted by Olle Källström.