Offentliga Hus acquires two properties in Västra Götaland

2 December 2015 Regulatory information

One of Fastator’s holdings, Offentliga Hus i Norden, has acquired and taken possession of two properties in Västra Götaland from a private property company. The total lettable space in the properties amounts to approximately 6,300 square metres, of which one of the properties comprises about 5,700 square metres of the total space, most of which is leased by the municipality. The acquisitions are classified as business combinations, with an underlying property value of approximately MSEK 70.

“Västra Götaland is a region in which we chose to invest and the location of these properties suits us. We already own properties in the region, which means that we have management in place,” says Fredrik Klerfelt, CEO of Offentliga Hus i Norden.

Fastator has a 50% holding in Offentliga Hus and at 30 September 2015, the consolidated value in Fastator was MSEK 145 (117).

 

For further information, please contact:

Erika Kveldstad, CFO Aktiebolaget Fastator (publ), 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 issued for publication on 2 December 2015 at 9:30 a.m.