Solna Business Park food wholesale cluster strengthened

Coop and Ica/Hakon Invest, two major Fabege tenants in Solna Business Park, have decided to expand their premises in the area. Coop has signed a contract for an additional 1,900 m2, bringing its total floor space to about 13,000 m2, as a result of locating more companies in the KF Group in Solna. Ica/Hakon Invest is increasing its space by about 1,300 m2 to 17,600 m2. OLW has also opted to expand by 366 m2 to about 1,800 m2. A new tenant in the food retail cluster in Solna Business Park is Milko, which has been renting about 800 m2 since the last quarter of 2008.

Solna Business Park, which is attractively located and offers excellent transport connections, is also attracting companies from other industries. On 1 January 2009 the computer consulting firm Sogeti moved into a 1,200 m2 office, and in the final quarter of 2008 the consulting firms Es-konsult and Realcom Scandpower decided to expand their floor space by a total of about 1,000 m2.

“Solna Business Park is attracting strong companies and brands, especially in the food wholesale sector, and we now see a very positive trend among our existing tenants, who are choosing to expand their premises, at the same time as new companies are looking to establish a presence in the Park,” Christian Hermelin, Fabege’s CEO, comments.

“Our staff have done an excellent job of developing the area and building strong customer relationships, and our customer-facing property management organisation has created a strong platform for continued successful lettings activities and a high rate of tenant retention in our properties,” Christian Hermelin adds.

Fabege owns eight properties with a total lettable floor area of about 180,000 m2 in Solna Business Park.

Fabege AB (publ)

3 Feb 2009 2:00 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

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