STOCKHOLM–(BUSINESS WIRE)–Regulatory News:

“This transaction involves a 20-year lease with the Municipality of
Upplands Väsby, ensuring long-term stable returns. The building is
inherently innovative in terms of its architecture and content”

In a press release of 15 May 2009, listed Swedish property company
Kungsleden AB (publ) (STO:KLED) (OSE:KGLED01) reported the formation of
a joint venture between Peab and Hemsö. The intention was to build a
senior high school in Upplands Väsby, north of Stockholm, with Hemsö
entitled to acquire Peab’s share of the joint venture on completion.
Hemsö, which is 50:50 owned by Kungsleden and AP3 (the Swedish Third
Pension Insurance Fund, is now exercising its option, acquiring the
remaining shares and taking possession of the property.

The total investment amounts to approximately SEK 400 m with a property
yield of about 7%.

The property houses two senior high schools, municipal library, work
premises for the municipal executive, a cafe, music school and flexible
multipurpose hall for sports and cultural activities.

“This transaction involves a 20-year lease with the Municipality of
Upplands Väsby, ensuring long-term stable returns. The building is
inherently innovative in terms of its architecture and content,”
commented Kungsleden’s Chief Executive Thomas Erséus.

This press release is available in Swedish on www.kungsleden.se/pressmeddelanden

Kungsleden AB (publ) discloses the information in this press release
according to the Swedish Securities Markets Act and/or the Swedish
Financial Trading Act. The information was provided for public release
on 25 August 2011 at 8:00 a.m.

Kungsleden’s strategy is to ensure sustainable high and stable returns
proceeding from its existing holding, and through acquisitions and
divestments. As of 30 June 2011, the property portfolio comprised 635
properties with a book value of SEK 26.1 bn. The portfolio was located
in a total of 143 municipalities, mainly in southern and central Sweden.
Kungsleden has been quoted on the Nasdaq OMX Stockholm since 1999.

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