Hemfosa Fastigheter acquires community service properties in Sweden for MSEK 444 with the option of additional acquisitions for MSEK 320

Hemfosa has signed an agreement to acquire 13 school properties, primarily in
the Stockholm region, at a value of MSEK 444, with the exclusive option to sign
an agreement in September 2016 to acquire a further two school properties at a
value of MSEK 320. Through the acquisition, Hemfosa strengthens its position as
a leading community service properties player in its largest market, Sweden.
Turako Skolfastigheter AB is the seller.
Ten of the 13 properties are situated in Stockholm, two in Västerås and one in
Lund. Nine of the properties are site leaseholds. Six of the properties are new
builds, with one of the properties fully completed and five under construction.
The leasable floor space amounts to approximately 16,000 square meters. The
average lease extends for about 15 years, and the rental value amounts to
approximately MSEK 29.8 per year. The two properties scheduled for acquisition
are situated in Stockholm, have floor space of 9,150 square meters, an average
lease of about 15 years and a rental value of 20.8 MSEK.

The leasing rate is 100 percent and the largest tenant is Academedia.

“I am pleased that we have been given the opportunity to complete this
acquisition of good school and preschool properties with stable tenants and long
leases. This is the perfect portfolio for Hemfosa. We are community service
property specialists and we want to continue to grow in this segment in all
three of our markets, Sweden, Norway and Finland,” says Stina Lindh Hök, Head of
Transactions at Hemfosa.

Possession of the nine properties signed for today is expected to take place on
June 15, 2016, and the remaining four properties will follow as they are
completed. For the remaining two properties, an acquisition agreement is
expected to be signed in September 2016 and possession is scheduled for 2017-09
-01 and 2018-09-01.
For further information, please contact:

Stina Lindh Hök, Head of Transactions, stina.lindh.hok@hemfosa.se, mobile +46 70
577 18 85, office +46 8 448 04 80
About Hemfosa Fastigheter

Hemfosa is a Swedish property company focusing on community service properties
in the Nordic region with its largest tenants being the Swedish state and
municipalities. This provides stable cash flows and a healthy yield. In order to
create value, Hemfosa also aims to actively participate in the transaction
market. As per March 31, 2016, Hemfosa owned properties with a total property
value of approximately SEK 32.6 billion, including the company’s share of the
property value in joint ventures. Hemfosa’s common share is listed since March
2014 and Hemfosa’s preference share is listed since since December 2014, both at
Nasdaq Stockholm. Read more at www.hemfosa.se.