Kungsleden is extending and expanding lease contracts with ABB and NKT in the Bulten 1 property situated in Alingsås. A new warehouse and logistics centre will be constructed to meet tenant requirements. Kungsleden has signed a ten-year lease contract for 8,019 sq.m. with ABB with a total annual rent of SEK 12.6 million. In conjunction with the contract, Kungsleden will construct a new warehouse comprising around 540 sq.m. NKT, which is a leading supplier of cables to the energy industry, has previously subleased from ABB, but has now signed a ten-year lease contract for 10,738 sq.m. with a total annual rent of approximately SEK 14 million. As a result of the contract, Kungsleden will construct a new logistics centre comprising around 1,200 sq.m. to meet NKT's requirements. The Bulten 1 property is located in Sävelund Industrial Park in east Alingsås, approximately 40 kilometres from Gothenburg. The facility was constructed in 1990 and, in addition to ABB's and NKT's operations, is also home to a restaurant. The property is fully leased.