Vasakronan purchases one property and sells four properties in Stockholm to Swedish National Property Board.

Vasakronan purchases one property and sells four properties in Stockholm to
Swedish National Property Board. 

Vasakronan has purchased the Uggleborg 12 property on Vasagatan in Stockholm
from the Swedish National Property Board for SEK 1,304 M. At the same time, the
Atomena 1, Kungliga Myntet 1, Cepheus 2 & 3 and Ladugårdsbron 14 properties have
been sold to the National Property Board for a total purchase consideration of
SEK 626 M.

The Uggleborg property is situated on Vasagatan opposite Stockholm Central
Station in central Stockholm. The floor space of the property is 35,700 m2 and
the Swedish Social Insurance Agency is the largest tenant.

The Atomena 1 property is situated on Stora Nygatan 2 A-B, Cepheus 2-3 on
Svartmangatan 9, Kungliga Myntet 1 on Norr Mälarstrand 6 and Ladugårdsbron 14 is
situated on Blasieholmstorg 8 and Nybrokajen 11-13. These four properties have a
total floor space of approximately 14,800 m2. 

These transactions were initiated by government decision whereby the Swedish
Government commissioned the National Property Board to begin negotiations with
Vasakronan with the aim of implementing the aforementioned exchange
transactions. Occupancy is scheduled for October 1, 2008.


For further information, please contact

Håkan Bryngelson, President, tel +46 (0)8-783 21 05

Leif Garph, Executive Vice President and Senior Vice President of the Stockholm
region, tel +46 (0)8-783 23 05 

Bengt Möller, Senior Vice President Corporate Communications, tel +46 (0)8-783
21 09, +46 (0)70-593 91 71



Real offices for real people.
Vasakronan AB is one of the leading real estate companies in Sweden. Vasakronan
is the largest supplier of commercial premises, primarily office properties,
with locations in Stockholm, Göteborg, Malmö, Lund and Uppsala.