Fabege strengthens holdings in central Stockholm

Fabege has acquired Mimer 5, a property with 12,100 m2 of lettable space in Vasastan, Stockholm, for SEK 380 million. The seller is Akademiska Hus and the transfer will take place on 19 February 2007.

The property, which primarily comprises office and educational premises, is located at the junction of Vanadisvägen and Hagagatan in close proximity to Fabege s other properties in the Norrtull area. Mimer 5, is in a good condition after a thorough renovation a few years ago.
We already own other properties in the same area, including the Wenner-Gren Center. Mimer 5 is an
excellent addition and strengthens our portfolio in the Norrtull/Norra Stationsområdet area, Christian Hermelin, Fabege s CEO, says.

Fabege AB (publ)

About Us

We are a property company focusing on city district development and commercial properties. We develop attractive and sustainable districts with modern offices, housing and a broad range of services - together with strategic partners. Both our perspective and approach to ownership are long term and our passion is creating the right conditions for all those living, working and visiting our areas. We have a presence in a limited number of high-growth submarkets in the Stockholm region. Fabege’s shares are listed on Nasdaq Stockholm, in the Large Cap segment.


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