Fabege sells residential hotel in Solna

Fabege has divested the Hallen 6 property in Solna. The purchaser is Chinax Group and the purchase consideration is SEK 110m. The approximately 4,600 sqm building comprises a residential hotel. The purchaser will take possession on 26 May 2010.

The sale will generate an after-tax gain of SEK 20m, which will be recognised in profit during the second quarter of 2010.

“The divestment is a further step towards the streamlining of our portfolio,” says Christian

Hermelin, CEO of Fabege, commenting on the transaction.

Fabege AB (publ)

21 May 2010 10:30 AM

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, Deputy CEO and CFO, phone +46 (0)8-555 148 29, +46 (0)706-66 13 80

Annette Kaunitz, Head of Corporate Communications, phone +46 (0)8-555 148 20, +46 (0)708-39 03 37

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