Fabege purchases part of Catena
Fabege AB (publ) purchased 3,469,342 shares in Catena AB (publ) on 22 November. Fabege’s holding in Catena AB thereafter amounts to 3,469,342 shares, equivalent to 29.99 per cent of the share capital and votes.
”We can see that the area around Arenastaden will become one of the most dynamic sub-markets in the Stockholm region, with excellent prospects for strong future growth. Catena’s development rights favourably complement Fabege’s portfolio of development properties in Solna,” comments Christian Hermelin, CEO of Fabege.
Fabege AB (publ)
For further information, please contact:
Christian Hermelin, CEO, phone 46 (0)8 555 148 25, 46 (0)73 387 18 25
Åsa Bergström, Deputy CEO and CFO, phone 46 (0)8 555 148 29, 46 (0)70 666 13 80
This constitutes information that Fabege AB (publ) may be legally obliged to disclose under the Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication at 2:00 pm CET on 22 November 2012.
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 31.6bn. The portfolio is concentrated in the Stockholm region and has an annualised rental value of SEK 2.3bn and a lettable area of 1.2m sqm. Fabege’s shares are listed on Nasdaq OMX Stockholm, Large Cap segment.