Hemfosa divests residential property and two housing development rights in Västerhaninge for approximately MSEK 315

Ribby Ängar is owned together with Bygg-Fast and the divestment relates to the Ribby 1:478 property in Västerhaninge, which comprises 148 completed residential units and the remaining housing development rights in the area on the Ribby 1:480 and 1:481 properties. The properties are being divested to Riksbyggen and Hemfosa’s share comprises a property value of approximately MSEK 315. Ownership was transferred on June 10, 2015.

Hemfosa has also divested a small residential and retail property, Repslagaren 10, in central Motala. The property has an underlying property value of MSEK 23 and a leasable area of 2,403 square meters. The property changed hands on June 1, 2015.

Hemfosa has acquired the property Grävmaskinen 1 in Kiruna at an underlying property value of MSEK 32 and a leasable area of 3,419 square meters. Ownership of the property was transferred on April 1, 2015.

“The purpose of the transactions is to divest non-prioritized segments and optimize our property portfolio,” commented Lars Thagesson, COO of Hemfosa Fastigheter AB.

For further information, please contact:

Lars Thagesson, COO Hemfosa Fastigheter AB, e-mail: lars.thagesson@hemfosa.se, mobile: +46 70 592 94 70, office +46 08 448 04 80

About Hemfosa Fastigheter

Hemfosa is a Swedish real estate company with a well-balanced and geographically diversified property portfolio focusing on community service properties with the State and municipalities as the largest tenants. This provides stable cash flows and a healthy yield. In order to create value, Hemfosa also aims to actively participate in the transaction market. At March 31, 2015, Hemfosa owned commercial properties in Sweden with a total property value of approximately SEK 30 billion, including the company’s share of the property value of joint ventures. The company’s common share has been listed since March 2014, and the preference share since December 2014, both on Nasdaq Stockholm. Read more at www.hemfosa.se.

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About Us

Hemfosa is a Swedish property company focusing on community service properties in the Nordic region with its largest tenants being the Swedish state and municipalities. This provides stable cash flows and a healthy yield. In order to create value, Hemfosa also aims to actively participate in the transaction market. As per June 30, 2016, Hemfosa owned properties with a total property value of approximately SEK 33.2 billion, including the company’s share of the property value in joint ventures. Hemfosa’s common share has been listed since March 2014 and its preference share since December 2014, both on Nasdaq Stockholm. Read more at www.hemfosa.se.

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