Fabege

Earnings Release • Apr 28, 2017

Fabege AB (publ)

PRESS RELEASE 28 April 2017, 07:50 am CET

Increased interest in the South side

Fabege has let more than 30,000 m² in Hammarby Sjöstad and in the area of the Globe Arena. The Pelaren property in the Stockholm Globe Arenas complex is more or less full to capacity before the shell of the building has even been erected. The latest tenant to sign an agreement with Fabege is Ebab –preceded by Stokab, who announced their move from the city centre earlier.

Ebab's move means that the new office building by the Ericsson Globe in the new Söderstaden district is more or less fully let. Only 900 m² remain available to prospective tenants in the building, which is planned to be completed in summer 2018. The letting agreement with Ebab runs for 5 years and concerns almost 2,200 m² , with an annual rent of SEK 6.6m.

• "We're seeing a clear increase in interest for the south side of Stockholm, which we as urban developers think is positive in terms of creating a good balance in the city. Thanks to strong brands making their way southwards, the positive trend of increased service, more frequent public transport services and an inner-city feel will continue at a rapid pace," says Klaus Hansen Vikström, Vice President and Director of Business Development at Fabege.

In addition to the new tenants at Pelaren, Hammarby Sjöstad has attracted many exciting companies, including Firefly and Apegroup. The Swedish Environmental Protection Agency has also fallen for the increasingly popular district and has signed an agreement to move to Fabege's newly started Trikåfabriken project in spring 2019.

• "We're incredibly proud of having let over 30,000 m² of office space south of Slussen in a relatively short space of time. What we can see attracting companies is the trend of even better communications, the range of services, exciting neighbours, events in the Stockholm Globe Arenas and the inner-city feel in Hammarby Sjöstad," says Andreas Malmsäter, Director of Letting Operations and Marketing at Fabege.

Fabege AB (publ)

For further information, please contact: Klaus Hansen Vikström, Vice President and Director of Business Development, phone +46 (0)8-555 148 74, +46 (0)70-239 34 81

Andreas Malmsäter, Director of Letting Operations and Marketing at Fabege, phone +46 (0)8-555 148 62, +46 (0)73-986 15 08

Fabege is a property company focusing on city district development and commercial properties. We develop attractive and sustainable districts with modern offices, housing and a broad range of services – together with strategic partners. Both our perspective and approach to ownership are long term and our passion is creating the right conditions for all those living, working and visiting our areas. We have a presence in a limited number of high-growth submarkets in the Stockholm region. Fabege's shares are listed on Nasdaq Stockholm, in the Large Cap segment. For further information, visit www.fabege.se