Balder acquires 21 percent of Sato

Balder has agreed to acquire 21 percent of Sato. Sato is a Finnish real estate
company focused on ownership and residential development. Sato owns about 25,000
rental homes
at a value of EURM 2,500. About 80 percent of the residential portfolio is
located in Helsinki metropolitan area and the remaining part in developing
communities.
Balder made its first acquisition in Finland in 2014. That we can now step into
Helsinki by becoming a partner in Sato, a company that on the residential side
has the same strategy as ourselves, is very suitable. Balder acquires the shares
for nearly MSEK 1,670.
"Sato has been a very successful company for a long time and the demand for
housing remains very strong in the Finnish growth areas, allowing for the
continued development," CEO Erik Selin
For further information, please contact:
CEO Erik Selin, tel. +46 706 074 790 or
Head of Finance Marcus Hansson, tel. +46 768 369 848
Balder discloses the information provided herein pursuant to the Swedish
Securities Markets Act and/or the Swedish Financial Instruments Trading Act. The
information was released for publication on 1 April 2015 at 14.00 CEST.


Fastighets AB Balder is a listed real estate company which shall meet the needs
of different customer groups for premises and housing through local support.
Balder's real estate portfolio had a value of SEK 37,4 billion as of 31 December
2014. The Balder share is listed on Nasdaq OMX Stockholm, Large Cap.