About us Investor Relations Contact The Company and Group Structure Board of Directors Management team Auditor About us Kallebäck Property Invest AB (publ) is a Swedish real estate company indirectly owning, managing and letting the property Kallebäck 17:2 in Gothenburg. The Property is fully leased to Saab AB until 31 December 2021. The Company is managed by the third party business manager Hestia on a fixed price contract. The Company acquired the Property in November 2013, through acquiring 100% of the shares in the property owning company Näringsfastigheter Kallebäck AB. Prior to the acquisition of the Property the Company has no earnings history. The most significant costs and revenues are fixed and the cash flow is positive. The property The building is a modern and flexible office building, erected in 2002. The building was originally constructed for Ericsson Microwave Systems, a company acquired by Saab in 2006. Hence, the same organization has inhabited the Property from its construction. The building consists of a lettable area of approximately 36,600 sqm, whereof 24,800 sqm are currently used as office premises and 9,600 sqm as lab, clean room and testing facilities. In addition, there are 805 parking spaces at the Property, whereof 322 are located indoors. The majority of lab, clean room and other premises of specific usage for the Tenant are originally constructed as office space and can be converted to office space. The Property is a freehold with a total land area of 73,799 sqm. The Property is situated in the south eastern parts of the municipality of Gothenburg in the Kallebäck area, with a straight-line distance from the city centre of approximately 5 km. Located on a hill-top, the Property’s topographical characteristics have strategic importance to the Tenant, which conducts on-site testing of radar equipment at the Property. The building has high rise sections at the northern and the southern ends. The northern high rise section, houses the majority of the office premises in the building, while the southern part houses mainly testing facilities. The area between the high rise sections comprises mainly office and lab premises. The entrance is located in the northern end of the building. Organization Hestia Group (“Hestia”) acts as the asset manager for the Group. In practice, the asset manager assumes the role as CEO, CFO and COO of the Group and manages the daily operations of the Group. The asset manager reports to, and carrys out the instructions of the board of directors of the Company. Hestia was founded in 2008 with a strategy to provide property and asset management services with transparency and flexibility, in close cooperation with property investors. Hestia´s offering integrates services of property management, accounting and cash management and asset management. Hestia is specialized in management of commercial real estate such as shopping centres, hotels and large office buildings. The services can be divided into four segments, which are reflected in the four business lines of its organization: Technical on-site services. Property management. Accounting management. Asset management. The central accounting management office with 15 property accounting specialists is located in the city of Västerås, an hour’s drive west of Stockholm. Today, Hestia delivers services at over 600 properties with a combined size of more than three million sqm. Saab is currently a large tenant in one of the properties under management by Hestia and Hestia has senior level experience of working with Saab on property management issues. Kallebäck Property Invest AB, c/o Hestia Fastighetsförvaltning AB, Box 239, SE-721 06 Västerås, Sweden Copyright © 2017 Kallebäck Property Invest