D. Carnegie & Co acquires three properties in Stockholm

D. Carnegie & Co AB (publ) – listed on Nasdaq First North Premier – has acquired
three properties in the Greater Stockholm region by way of a company
transaction. Two of the properties are located in Jordbro and the third in
Vårberg. The properties are estimated to generate annual rental income of MSEK
85. Seller is PATRIZIA WohnInvest Kapitalverwaltungsgesellschaft mbH for the
account of the German special fund PATRIZIA Euro City Residential Fund I.
The acquired portfolio consists of 1 009 apartments and a total lettable area of
93 000 sqm. The two properties in Jordbro are located adjacent to D. Carnegie &
Co’s existing portfolio in the area.

-       These are exactly the kind of properties that D. Carnegie & Co is
interested in acquiring. Attractive locations, low current rent levels and with
a strong potential for further development and thus improved NOI, says Ulf
Nilsson, CEO of D. Carnegie & Co.

Closing is expected to occur in July 2015. The acquisition is subject to the
vendor receiving required regulatory approvals.

For further information, please contact:
Ulf Nilsson, CEO, D. Carnegie & Co, +46 (0)8 – 121 317 25

About D. Carnegie & Co
D. Carnegie & Co is a property company focusing on residential properties in the
Greater Stockholm region and other growth areas. The company’s business concept
is to own property portfolios slated for a gradual renovation of apartments in
conjunction with the natural turnover of tenants. This can take place quickly
and cost-efficiently thanks to extensive experience from the Bosystem renovation
method.  In addition to this, the company creates value through the development
of building rights in existing portfolios.

The market value of the company’s properties amounted to MSEK 11,521 on 31
December 2014 and the total rental value is estimated at MSEK 1,161 annually.
The economic occupancy rate is high – vacancies are virtually non-existent. D.
Carnegie & Co has been listed on NASDAQ Firth North Premier since 11 December
2014. The company’s Certified Adviser is G&W Fondkommission.