Vasakronan purchases central Stockholm property for SEK 84 M

Vasakronan purchases central Stockholm property for SEK 84 M. Vasakronan is expanding in Stockholm's Vasastaden district, in an extremely interesting submarket, by purchasing the Lagern 6 property on the corner of Vasagatan and Olof Palmes gata for SEK 84 M. Vasakronan is acquiring the property from the Karolinska Institute, among other owners. The purchase price is SEK 84 M. The Lagern 6 property is located close to Norra Bantorget at Vasagatan 52 in Stockholm. The building was originally constructed in the 1870s and was remodeled in the 1960s. The rentable area is approximately 2,800 m2 , of which 2,100 m2 consists of offices and 300 m of retail premises, as well as parking and storage space. The property is rented to seven companies, whose operations include training and Web production. "The property is situated in an extremely interesting submarket, which we believe has excellent rental potential," says Christer Avemur, Vice President and head of Vasakronan's Stockholm region. "Earlier this year, we purchased a property from Skanska Real Estate in the same area. "The proximity of the property to the Central Station, combined with the open and bright location of the office premises, facing Norra Bantorget, make the office space in the property a highly attractive proposition." For further information, please contact: Christer Alvemur, Execitive Vice President, Stockholm Region.+46 8 783 23 00 Rebecca Ernap, Head of Stockholm Market Area +46 8-783 23 22 Bengt Möller, Senior Vice President, Corp Communications+46 8 783 21 19 ------------------------------------------------------------ This information was brought to you by BIT The following files are available for download:

About Us

For updated and current information on Vasakronan please go to or contact Peter Östman or Rebecca Liljebladh Thorell. Vasakronan is the leading property company in Sweden. Our strategy is to focus on Sweden’s major growth regions: Stockholm, Uppsala, Gothenburg, Malmö and Lund. We own and manage 178 properties with a total area of approx. 2, 4 million square metres (as of June 30, 2017). Many of the properties are situated in clusters and offer supplementary services to the tenants. The property portfolio is valued at SEK 121 billion. Environment and climate work are highly prioritized. Vasakronan is a carbon neutral company and is ISO 14001 certified. We were Sweden’s first property company to offer green leases and in 2013 we issued the world's first green corporate bond. The organization has operations in four regions – Stockholm, Uppsala, Gothenburg and Öresund. The number of employees is approximately 350. Vasakronan is jointly owned by the First, Second, Third and Fourth Swedish National Pension Funds.