Fastator’s holding, Offentliga Hus, acquires three community service properties in Norrtälje

19 November 2015 Regulatory information

One of Fastator’s holding, Offentliga Hus i Norden, has acquired and taken possession of three properties in Norrtälje: Jungfrun 2, Jungfrun 3 and Hallsta 2:229, from a private property company. The total leasable area of the properties is 12,745 sqm. The tenants are mainly public sector operators, and the annual rental income is just over SEK 12 million. The acquisitions are classified as business combinations, with an underlying property value of SEK 148 million.

“The acquisitions mean that we are continuing to expand our portfolio with community service properties, and this move is in line with our strategy to strengthen our portfolio in the County of Stockholm. The properties are in good condition and we look forward to assuming responsibility for their management,” says Fredrik Klerfelt, CEO of Offentliga Hus i Norden.

Fastator’s has a 50% holding in Offentliga Hus and at 30 June 2015, the consolidated value in Fastator was SEK 135,4 million (90,3).

For further information, contact:

Erika Kveldstad, acting CEO
tel: +46 (0)70-339 99 99
e-mail: erika@fastator.com

Fredrik Klerfelt, CEO, Offentliga Hus i Norden AB
Tel: +46 (0)728 80 89
e-mail: fredrik@offentligahus.se

 

Fastator is a Swedish property investment company that invests in property-related companies run by entrepreneurs. The company’s share has been traded on Nasdaq First North Stockholm since 24 September 2015. The company’s Certified Adviser is Mangold Fondkommission AB, tel. +46 (0)8-5030 1550. This is information of the type that Fastator is obligated to disclose in accordance with the Swedish Securities Market Act and/or the Financial Instruments Trading Act. The information was submitted for publication on 19 November 2015 at 10.00 a.m.