Fazer moves into Lindhagen office and shopping centre

Fazer has signed a leasing agreement for 3,000 m2 of office space in the new Lindhagen office and retail centre (Paradiset 29 property) beside the Essingeleden motorway on western Kungsholmen. The agreement will run for 7 years and Fazer will move in to its new premises in November 2009.

After this agreement with Fazer, just over half of the office space in Lindhagen has been let (IFS previously signed an agreement for 2,300 m2). ICA, Apoteket, Systembolaget and Espresso House have all signed agreements for retail space. The Lindhagen centre is being built on the site of the former Skogaholm bakery and comprises some 13,000 m2 of retail space and 10,500 m2 of offices as well as parking facilities. Fabege and Peab own 50 per cent each of the property and the Lindhagen project.

Lindhagen is located in Stadshagen in western Kungsholmen, which is now undergoing major redevelopment and renewal with the building of new housing, offices, retail outlets, hotels and restaurants.

“We would like to wish Fazer's employees a warm welcome to this efficient, flexible office space in Lindhagen. Fazer acquired the Skogaholm brand some time ago, so this lease actually also means that Skogaholm will be moving back to the Paradiset 29 property, although of course to a much more modern building," comments Christian Hermelin, CEO of Fabege.

Fabege AB (publ)

14 Apr 2009 3:35 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 15:30 on 14 April 2009.

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