Fabege strengthens its cash position by SEK 2bn

Fabege has sold the Ladugårdsgärdet 1:48 property at Värtahamnen and the
Hammarby-Smedby 1:457 and 1:458 properties in Upplands Väsby to Fastpartner and
sold the Grönlandet Södra 13 property in Norrmalm to a private company.
The Ladugårdsgärdet property comprises approximately 38,000 sqm of lettable area
and its largest tenant is the Nasdaq OMX Stockholm. The Hammarby-Smedby property
comprises approximately 16,700 sqm of lettable area and its largest tenant is
Siemens. The Grönlandet property comprises approximately 8,200 sqm of lettable
area and the buyer will use it for proprietary operations.

All of the sales will occur in the form of companies with a total underlying
property value of approximately SEK 1,942m and will yield a combined profit of
SEK 102m before tax and SEK 271m after tax. The profit will be recognised during
the fourth quarter.   “We have taken advantage of the favourable transactions
market and sold non-priority and vacant properties at a healthy gain. This
creates conditions for more value-generating projects, which is fully in line
with our business model,” comments Klaus Hansen Vikström, Deputy CEO and
Director of Business Development at Fabege.

Fabege AB (publ)
For further information, please contact:
Christian Hermelin, CEO of Fabege, phone +46 (0)8-555 148 25, +46 (0)733-87 18
25
Åsa Bergström, Deputy CEO and CFO, phone +46 (0)8-555 148 29, +46 (0)706-66 13
80
Klaus Hansen Vikström, Deputy CEO and Director of Business Development, tel +46
(0)8-555 148 74, +46 (0)70-239 34 81

This constitutes information that Fabege AB (publ) may be legally obliged to
publish under the Securities Market Act and/or the Financial Instruments Trading
Act. The information was released for publication at 7:45 am (CET) on 12
December 2014.
Fabege AB (publ) is one of Sweden’s leading property companies focusing mainly
on letting and managing office premises and property development. Fabege owns
properties with a carrying amount of SEK 33.3bn. The portfolio is concentrated
in the Stockholm region and has an annualised rental value of SEK 2.3bn and a
lettable area of 1.1m sqm. Fabege’s shares are listed on Nasdaq OMX Stockholm,
Large Cap segment..