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Fabege

Regulatory Filings Dec 21, 2017

2914_rns_2017-12-21_c552e58d-effd-46bc-9263-70963a3674c5.pdf

Regulatory Filings

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Fabege AB (publ)

PRESS RELEASE 21 December 2017, 13:30 CET

Fabege leases 13,800 sqm to Skolverket in Solna Business Park

Skolverket, the Swedish National Agency for Education, is collocating its operations at Solna Business Park. The green lease contract concerns approximately 13,500 sqm, with an annual rent of around SEK 40 m, and extends for five years. Skolverket takes office in the fourth quarter of 2019.

Skolverket's expansion, combined with the need to bring its operations under one roof and a desire to work in premises that support its activities, led to the agency opting to relocate to Solna Business Park's main street, Svetsarvägen 16. The offices, with a total space of 13,800 sqm, will be customised to satisfy Skolverket's requirements, and Fabege's investment is estimated at roughly SEK 170m.

Solna Business Park is a district that has embarked on an exciting and expansive phase of development. Well-known companies such as Coop, Unilever and SBAB have already chosen to move their headquarters here. Fabege's vision is to transform the district into one of Greater Stockholm's most attractive neighbourhoods and the company is therefore working with Citylab Action's process to promote sustainable urban development.

The lease with Skolverket means that a substantial proportion of the building at Fräsaren 12, which ICA is quitting for new premises in Arenastaden, has now been let. The building has roughly 6,000 sqm of lettable space remaining.

  • "We're looking forward to welcoming Skolverket to Solna Business Park. Skolverket will gain good, attractive premises that will support their activities, in a sustainable district with excellent communications," says Andreas Malmsäter, Letting Manager at Fabege.

Fabege AB (publ)

For further information, please contact: Klaus Hansen Vikström, Deputy CEO and Director of Business Development, phone +46 (0)8-555 148 74, +46 (0)70-239 34 81 Andreas Malmsäter, Letting Manager, phone. +46(0)8-555 148 62, +46(0)73-986 15 08

Fabege is a property company that focuses on urban development and commercial properties. We work with strategic partners to develop attractive and sustainable city districts with modern offices, residential units and a wide range of services. We adopt a long-term perspective and approach to ownership, and we are passionate about creating the right conditions for everyone who lives, works and spends time in our areas. We are present in a select number of fast-growing submarkets in the Stockholm area. The Fabege share is listed on Nasdaq Stockholm, in the Large Cap segment. For further information, visit www.fabege.se

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