Fabege sells property on Södermalm

Fabege has sold the Signalen 1 property at the corner of Folkungagatan/Borgmästargatan on Södermalm in Stockholm to Oscar Properties for the sum of SEK 85 million. The property covers around 3,250 sq m of office, shop and restaurant space. The purchaser will take possession in autumn 2009. The sale will result in a profit after tax of SEK 5 million, which will be reported in the first quarter of 2009.

“Signalen 1 is one of a kind in our portfolio - at the same time, Oscar Properties has been wanting to purchase the property for some time and now we have finally been able to come to an agreement on a deal which is well in line with our latest valuation," comments Christian Hermelin, CEO of Fabege.

“We are very happy to have acquired a further property on Södermalm,” says Oscar Engelbert, CEO of Oscar Properties.

Fabege AB (publ)

27 Mar 2009 3:16 PM

For more information

For further information, please contact:

Christian Hermelin, CEO, phone +46 (0)8 555 148 25, +46 (0)733 87 18 25

Åsa Bergström, CFO, phone +46 (0)8 555 148 29, +46 (0)70 666 13 80

Mats Berg, Director of Corporate Communications, phone +46 (0)8-555 148 20, +46 (0)733-87 18 20

This constitutes information that Fabege AB (publ) may be legally obliged to publish under the Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication at 15:15 on 27 March 2009.

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