Jefast is acquiring properties in Höganäs

Jefast has today entered into an agreement to buy two properties in Höganäs. The transaction is made through a company transaction and the agreed property price value amounts to 59 millions.

The two properties are located in Höganäs, where Jefast is well established as the largest private property owner. Jaguaren 4 is a logistic property with 5,780 m2, which is fully let to the company Topbrands Scandinavia. Tjörröd 6:8 is a commercial property located on the outlet shopping area in Höganäs. The largest tenant is Iittala Outlet and the property is fully let. The total rentable area amounts to 2,204 m2.

- We are happy to announce the acquisition of these two properties, says Martin Persson CEO, Jefast. They fit well into our existing property portfolio. We also see great opportunities to further develop the commercial property Tjörröd 6:8.

The seller is an investment consortium, which was represented by the Gothenburg based company Wilfast during the sales process. Jefast will take ownership on the 4th of May 2017.

This information is information that Jefast Holding AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014/EU). The information was submitted for publication, through the agency of the contact person set out below, at 18:00 CET on 27 April 2017.

For further information, please contact:

Martin Persson, CEO

Tel. +46 42 36 12 08

E-mail: martin.persson@jefast.se

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Jefast was founded in 1977 and has since then had its headquarter in Höganäs, Skåne. Jefast owns and develops properties in Höganäs and Helsingborg and its close surroundings, as well as a hotel in Fort Lauderdale, Florida USA. The company owns a total of 40 properties including both commercial and residential properties. The portfolio value amounts to 2,458bn