D. Carnegie & Co buys property portfolio in Norrköping

D. Carnegie & Co AB (publ) - listed on Nasdaq Stockholm - has entered into an
agreement to acquire seven properties in Norrköping through a company
acquisition. The agreed underlying property value is SEK 261 million. The seller
is Vissland Invest AB.
The acquired portfolio consists of 285 apartments with a total residential area
of approximately

30,000 square metres. The properties are located in the Atrium area in the
southern part of Norrköping and are located in close proximity to parts of
Carnegie's existing property portfolio.

"There is great potential for good development and improvement of the purchased
properties. Additionally, synergies are possible because the properties are
located directly adjacent to our existing portfolio in Norrköping", says Ulf
Nilsson, CEO of D. Carnegie & Co.

Carnegie plans to take possession of the properties in September this year.

For further information, please contact:
Ulf Nilsson, CEO, D. Carnegie &
Co
Tel. +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 11,700 on 31 March 2015 and the total rental value
is estimated at MSEK 1,190 annually. The economic occupancy rate is high –
vacancies are virtually non-existent. D. Carnegie & Co is listed on Nasdaq
Stockholm.