Fabege sells ten properties for SEK 380 million

Fabege has sold ten properties in Hägersten, Västberga, Sätra, Huddinge and Skarpnäck for SEK 380 million. The realised change in value amounts to SEK 20 million and will be reported during the second quarter 2006. The purchaser is Diös & Kuylenstierna AB which will take possession of the properties on 1 June 2006. The properties, with a total area of 61,600 sq.m., comprises mainly office and industry/warehouse. – Through the sales we continue concentrating the stock on a number of prioritised submarkets with good development potential, says Erik Paulsson, President and CEO, Fabege AB. Fabege AB (publ) Properties sold Property Area Category Space, sq.m. Örnsberg 2 Hägersten Office/Ind/Warehouse 2,052 Förskottet 2 Hägersten Office 2,023 Lagret 1 Västberga Ind/Wareh 8,992 Lagerhuset 3 Västberga Office/Ind/wareh 10,165 Hällsätra 4 Sätra Office/Ind/Wareh 13,476 Lillsätra 1 Sätra Office 3,948 Linjen 1 Huddinge Office 2,189 Linjen 2 Huddinge Office 2,759 Riggen 2 Huddinge Office 5,214 Hangaren 1 Skarpnäck Office/Ind/Wareh 10,810