Fabege sells eight properties for SEK 1,350 million

Fabege sells eight properties for SEK 1,350 million

Fabege has sold eight properties in Årsta and Botkyrka to Diös & Kuylenstierna
Förvaltning AB for SEK 1,350 million. The sale will result in an after-tax gain
of about SEK 200 million. 

Seven of the divested properties are located in Årsta, of which four in Årsta
Park. The largest individual property is the Botvid Business Center
(Botvidsgymnasium 3) in Botkyrka, with a floor space of some 56,000 m2. The
divested properties have a total floor space of about 182,000 m2 incl garage.
The total rental value (incl vacant area) amounts to approx. SEK 148 million.
Diös & Kuylenstierna will take possession of the properties on 16 April. 

“This deal is part of our continued drive to concentrate our holdings to units
on our main markets that can be managed efficiently while divesting properties
outside these areas at a good profit”, Christian Hermelin, Fabege's CEO,
comments.

Fabege AB (publ)



Divested properties

Property                    Area        Category                Floor space, m2

Botvids-gymnasium 3	Botkyrka     Ind/wareh/office        55,810
Ostmästaren 3              Årsta Park   Office/ind/warehouse	18,467
Ostmästaren 4              Årsta Park  Office/ind/warehouse	36,149
Ostmästaren 5              Årsta Park  Office/ind/warehouse	10,427
Ostmästaren 6              Årsta Park  Office/ind/ warehouse	 7,254
Packrummet 10              Årsta       Office                    2,100
Packrummet 12              Årsta       Ind/wareh/office	36,386
Varuhissen 1	        Årsta        Ind/wareh/office	15,271


For further information, please contact:
Christian Hermelin, CEO, phone +46 (0)8-555 148 25, +46 (0)733-87 18 25
Roger Johansson, CFO, phone +46 (0)8-555 148 13, +46 (0)70-374 42 85
Mats Berg, Director of Communications and Investor Relations, phone +46 (0)8-555
148 20, +46 (0)733-87 18 20