Fabege sells Uarda 5, Arenastaden

Fabege has signed an agreement to sell the Uarda 5 property, Vattenfall’s head
office in Arenastaden, to Union Investment Real Estate GmbH. The sale represents
the first confirmation that the area is attractive to institutional investors.
Fabege will continue to manage the property, retain the customer relationship
with Vattenfall and drive the development of Arenastaden.
The property is located at the centre of Arenastaden, with the address
Evenemangsgatan 13. It comprises approximately 44,000 sqm of office space and is
currently fully let to Vattenfall, and to an external restaurant. Annual net
operating income amounts to nearly SEK 100m. The property is certified at the
SGBC GOLD level and is one of Sweden’s most energy-efficient office buildings.

The sale will occur in the form of a company with an underlying property value
of SEK 2,257 m. The transaction will generate a gain of SEK 159m before tax and
SEK 420m after tax, which will be recognised in the first quarter of 2016. The
transfer of ownership will occur on March 1, 2016.

“The property favourably matches the demand in the investor market, meaning that
it is fully developed, fully let and has a long-term tenant. The sale creates
scope for additional value-generating investments. I am delighted with this
transaction, which is completely in line with our long-term strategy and am also
gratified to be entrusted to continue managing the property and to take care of
the relationship with Vattenfall,” comments Christian Hermelin, CEO of Fabege.

Fabege AB (publ)
För ytterligare information, vänligen kontakta:
Christian Hermelin, VD, Fabege, tel 08-555 148 25, 0733-87 18 25
Åsa Bergström, vVD och ekonomi- och finanschef, tel 08-555 148 29, 0706-66 13 80
Klaus Hansen-Vikström, vVD och affärsutvecklingschef, tel 08-555 148 74, 070-239
34 81

This constitutes information that Fabege AB (publ) is legally obliged to publish
under the Securities Market Act and/or the Financial Instruments Trading Act.
The information was released for publication at the above date and time.
Fabege AB (publ) is one of Sweden’s leading property companies focusing mainly
on letting and managing office premises and property development. The portfolio
is concentrated in the Stockholm region. Fabege’s shares are listed on Nasdaq
Stockholm, Large Cap segment.