Fabege

Related Party Transaction • Aug 9, 2018

Fabege AB (publ)

PRESS RELEASE 9 August 2018, 15:00

Fabege sells Lagern 4 in Solna

Fabege has divested the Lagern 4 property in Solna to one of Pareto's newly formed companies. The sale is being made in the form of a company, with an underlying property value of SEK 268m after deduction of deferred tax, and provides a pre-tax profit of approximately SEK 5m, which will be reported as an unrealized change in value in the third quarter.

The property is located at the address Parkvägen 4, in Solna. The property has a building on it that previously contained offices and has now been converted into a school, preschool and home for handicapped people, and the tenant is the municipality Solna stad. Råsunda Central School, which the new school will be called, will open at the start of the 2018 autumn term.

Occupation of the property will take place in the fourth quarter of 2018.

– "Due to our focus on offices, it is a natural step to divest this school property now that it has been completed and is about to open. The property is fully leased and provides no further development potential for Fabege. We are convinced that Pareto previously acquired and today manages this type of community properties will be a good landlord," comments Klaus Hansen Vikström, Vice President and Director of Business Development at Fabege.

Fabege AB (publ)

For further information, please contact: Christian Hermelin, CEO, tel. +46 (0)8-555 148 25, +46 (0)733 87 18 25 Klaus Hansen Vikström, Vice President and Director of Business Development, tel. +46 (0)8- 555 148 74, +46 (0)70-239 34 81 Åsa Bergström, Vice President and CFO, tel +46 (0)8-555 148 29, +46 (0)70-666 13 80

Fabege is a property company that focuses on urban development and commercial properties. We work with strategic partners to develop attractive and sustainable city districts with modern offices, residential units and a wide range of services. We adopt a long-term perspective and approach to ownership, and we are passionate about creating the right conditions for everyone who lives, works and spends time in our areas. We have a presence in a select number of fastgrowing submarkets in the Stockholm area. The Fabege share is listed on Nasdaq Stockholm, in the Large Cap segment. For additional information, please visit www.fabege.se