Green financing from the European Investment Bank


Fabege is signing a new long-term credit facility with the European Investment
Bank (EIB) for investments in environmentally certified property projects. The
loan facility comprises a ten-year credit in an amount denominated in SEK that
corresponds to EUR 100m. The financing will be used for investments in some of
Fabege’s major property development projects in Arenastaden.
The EIB is an institution within the EU owned by the member states of the EU.
The EIB will provide long-term financing for projects that support long-term
sustainable development. To date, the EIB has primarily financed transport and
energy efficiency projects, but it is now taking the step into the property
sector through the financing of property development projects.

“As the EU bank, the European Investment Bank has made tackling climate change
one of its top priorities. We are therefore glad to partner with Fabege to
support the construction of near-zero-energy buildings, as this project will
contribute to the increased use of renewable energies, reduction of energy
consumption and sustainable urban development”, says Jan Vapaavuori, EIB Vice
-President responsible for operations in Sweden.

Fabege has worked actively with sustainability for more than a decade and was
recently selected as the world’s eighth most sustainable property company
according to the Global Real Estate Sustainability Benchmark (GRESB).

“We are gratified to see how high sustainability issues have climbed up the
agenda. Our customers are setting tougher requirements, thereby continuously
motivating us to take the next step. It feels even more positive now that the
capital market is also investing in providing financing for sustainable
investments,” says Christian Hermelin, CEO of Fabege.

A number of years ago, Fabege decided to environmentally certify all new builds
according to BREEAM-SE and the next decision was taken recently to move forward
with the certification of the existing portfolio according to BREEAM In-Use.
From an initial focus on increasing energy efficiency and reducing carbon
dioxide emissions, work has become more focused on the property’s total
environmental impact, social sustainability aspects, active cooperation with
tenants in a broad spectrum of sustainability issues and demands on suppliers
from a sustainability perspective. With the approved credit from EIB,
sustainable financing will now also become an important and positive piece of
the development puzzle.

“It has been an inspirational process to work jointly with the EIB to develop
new forms of green property financing and we are delighted to be the first
property company to employ this type of green financing,” comments Åsa
Bergström, Deputy CEO and CFO of Fabege.

Fabege AB (publ)
For further information, please contact:
Christian Hermelin, President and CEO of Fabege, Tel: +46 8 555 148 25, +46 733
87 18 25
Åsa Bergström, Deputy CEO and CFO, tel: +46 (0)8-555 148 29, +46 (0)706-66 13 80

This constitutes information that Fabege AB (publ) may be legally obliged to
publish under the Securities Market Act and/or the Financial Instruments Trading
Act. The information was released for publication at 07.50 am CET on 6 October
2015.
Fabege AB (publ) is one of Sweden’s leading property companies focusing mainly
on letting and managing office premises and property development. The carrying
amount of the company’s property portfolio is approximately SEK 36.4bn. The
property portfolio is concentrated in the Stockholm region and has an annualised
rental value of SEK 2.2bn and a lettable area of 1.1m sqm. Fabege’s shares are
listed on Nasdaq Stockholm, Large Cap segment.

Pièces jointes

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