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Kungsleden logo in black
Kungsleden logo in white
2020 Annual and Sustainability Report

We are people
who create places and experiences
for people.

Download the report (PDF)

Introduction

This is Kungsleden

Kungsleden is people who create places and experiences for people. We deliver attractive and sustainable services in places that offer people a more inspiring working life. This creates value for our customers who achieve better results.

Image of two people talking

Kungsleden is a long-term property owner focused on commercial properties in Sweden’s growth regions. We own 211 properties with total value of MSEK 40,718. The company is listed on the Nasdaq Stockholm Large Cap.

We create attractive and sustainable places that inspire people.

Our vision

Our business proposition

Our customers

Our values

Our customer promise

Our customer proposition

2020 in numbers


Property value
40.7
BSEK
Profit from
property management
1,257
MSEK

LTV ratio
45.0
%
Total returns
(according to MSCI)
7.0
%
Return
on equity
9.1
%
Customer
Satisfaction Index
73
73/100
Employee
Satisfaction Index
8.0
8/10
Environmentally
certified properties
42
%
Read more about our 2020 (PDF)
Read more about our 2020 (PDF)

CEO’s statement

During the year, we signed almost 300 new contracts and renegotiated leases for a total of MSEK 238.

Biljana Pehrsson, CEO
Read the CEO’s statement (PDF)
Read the CEO’s statement (PDF)
Image of Kungsleden CEO Biljana PehrssonImage of Kungsleden CEO Biljana Pehrsson

New financial targets

Focus on growth

Kungsleden is establishing new financial targets with a focus on growth and an even stronger financial position.

Image of a man playing table tennis

Property value

Profit from property management

Return on equity

Long-term LTV

Interest coverage ratio

Share dividend

market analysis

Business environment trends

As part of Kungsleden’s strategic planning, we identify trends in our business environment that impact us and present business opportunities.

Image of three people talking

Strengthening trends

Good health and well-being

Digitalisation

The office as a brand

Transforming the office

Sustainability and the Sustainable Development Goals

Weakening trends

Globalisation

Urbanisation

Image of a Kungsleden property

A value-creating business model

Strategic priorities

Our strategic priorities below are based on developments in the business environment and resulted in a number of completed and planned activities in 2020. Read more about them in the complete report.

Further develop the customer proposition
Grow our property portfolio
Increase the pace of sustainability activities
Engage our people
Digitalisation
Innovation

Sustainability

A business and workplace that are sustainable over time

As a property owner with a long-term approach, sustainability is a factor for success that ensures our future competitiveness. During the year, we prepared our new sustainability strategy with People, Planet & Culture as the overarching sustainability aspects.

Image of two a woman smiling
People

A cohesive view of health and well-being with a focus on people

FOCAL POINTS

Good health and well-being
Sustainable and vibrant cities
Intelligence and service

Icon for the global goals number 3, Good health and well-being Icon for the global goals number 9, Industry, innovation and infrastructure Icon for the global goals number 11, Sustainable cities and communities Icon for the global goals number 16, Peace, justice and strong institutions
Planet

We share an ecosystem of limited resources and do what we can to reduce climate change

FOCAL POINTS

Climate and energy
Sustainable flows of materials
Climate adaptation and water
Green economy
Biodiversity

Icon for the global goals number 7, Affordable and clean energyIcon for the global goals number 12, Responsible consumption and productionIcon for the global goals number 13, Climate actionIcon for the global goals number 15, Life on land
Culture

We have a positive culture that helps us to act in the right way and serves as a force for good in society

FOCAL POINTS

Social commitment
Transparency and business ethics
Occupational health and safety

Icon for the global goals number 5, Gender equality Icon for the global goals number 8, Decent work and economic growth Icon for the global goals number 10, Reduced inequalitiesIcon for the global goals number 17, Partnership for the goals

Our properties

Offices in priority growth markets

Kungsleden wants to make it possible for people to have a stimulating working life in sustainable places. With our high-reaching sustainability ambitions, we develop and manage attractive and functional properties and clusters in desirable locations in selected Swedish growth locations, with Stockholm representing the main market.

Trekanten 5, danderyd
Image of Kungsleden property Trekanten 5, Stockholm
Löpöglan 2, Malmö
Image of Kungsleden property Löpöglan 2, Malmö
Stettin 6, Stockholm
Image of Kungsleden property Stettin 6, Stockholm
Rotterdam 1, Stockholm
Image of Kungsleden property Rotterdam 14, Stockholm
Blästern 14, Stockholm
Image of Kungsleden property Blästern 14, Stockholm

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