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2014-06-26

Fabege: SEB chose Arenastaden

Fabege has signed a 20-year lease with SEB for premises at
Arenastaden, Solna. SEB will gather together large portions of its
operations in Stockholm and create 4,500 workplaces in new office
buildings adjacent to the Mall of Scandinavia. The annual rental
value is SEK 157m, excluding supplements.

Modern offices with stringent environmental and energy requirements,
excellent location in terms of transport links and a wide range of
services for employees were a few of the requirements stipulated in
the procurement. SEB's offices will receive environmental
certification in line with BREEAM and the lease that has been signed
is a Green Lease agreement, which entails increased collaboration on
environmental issues and reduced climate impact.

"Arenastaden provides us with an excellent long-term solution for
locating our premises in Stockholm, which is where we are currently
concentrating the majority of our operations. The combination of
location and service in a modern and vibrant city district will
create a stimulating working environment for our employees," says Jan
Erik Back, Deputy Managing Director and CFO at SEB.

The total project cost is about SEK 2.3 billion. SEB's new office
buildings are scheduled to be completed and enter use in two stages,
with the first being in May 2017 for about 60 per cent and the
remainder in May 2018.

"We are proud that Fabege has been entrusted with creating tomorrow's
offices for SEB. Their choice of Arenastaden shows that we have
succeeded in our aim of creating an appealing location and we have
attracted yet another of Sweden's largest companies to the area,"
says Christian Hermelin, President and CEO of Fabege.

Fabege AB (publ)

[image]

For further information, please contact:

Christian Hermelin, President and CEO of Fabege, Tel: +46 (0)8-555 148
25, +46 (0)733-87 18 25

Åsa Bergström, Deputy CEO and CFO, Tel: +46 (0)8-555 148 29, +46
(0)706-66 13 80

Klaus Hansen Vikström, Deputy CEO and Director of Business
Development, Tel:+46 (0)8-555 148 74, +46 (0)70-239 34 81

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 7:30 am CET on 27 June 2014.

Fabege AB (publ) is one of Sweden's leading property companies
focusing mainly on letting and managing office premises and property
development. Fabege owns properties with a carrying amount of SEK
33.6bn. The portfolio is concentrated in the Stockholm region and has
an annualised rental value of SEK 2.4bn and a lettable area of 1.1m
sqm. Fabege's shares are listed on Nasdaq OMX Stockholm, Large Cap
segment.

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http://news.cision.com/fabege/r/seb-chose-arenastaden,c9608677
http://mb.cision.com/Main/1568/9608677/261306.pdf

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