Balder and Nobis make a joint hotel project


Fastighets AB Balder (publ) acquires the property where the Royal Danish
Conservatory of Music used to operate at Niels Brocks Gade 1. The property will
be converted into hotel and restaurant and will be operated by Nobis Hotel. The
property is approximately 5 500 sq m and is acquired for approximately SEK 100
million. The hotel is expecting to be open for business during the first half of
2017.


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 25 September, 2015 at14.30.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 38.1 billion as of 30 June
2015. The Balder share is listed on Nasdaq Stockholm, Large Cap.

Attachments

09256223.pdf