Regulatory Filings • Jun 24, 2009
Regulatory Filings
Open in ViewerOpens in native device viewer
Net Entertainment has signed a seven-year contract for the lease of 2,500 m2 office space in Fabege's Oxen Mindre property at Luntmakargatan 18 in Stockholm City.
Net Entertainment develops and licences software for online casino operations. The company is currently expanding its operations and needs bigger premises to meet the requirements created by its current growth phase.
"The main reason we chose Fabege as landlord is that they were very attentive to and quick to respond to the requirements we had for our new premises," Bertil Jungmar, CFO of Net Entertainment, says. "We need bigger premises in which to grow, and an environment that stimulates creativity, communication, efficiency and flexibility."
Net Entertainment will be moving into its modern, centrally located premises in October 2009.
"We are proud that yet another successful company has chosen to become a long-term customer of Fabege," Christian Hermelin, Fabege's CEO, says.
Fabege AB (publ)
Christian Hermelin, CEO, phone +46 (0)8-555 148 25, +46 (0)733-87 18 25 Åsa Bergström, Executive Vice President and CFO, phone +46 (0)8-555 148 29, +46 (0)70-666 13 80 Bertil Jungmar, CFO Net Entertainment, phone +46 (0)8 50 59 67 96, +46 (0)70 844 20 82
Net Entertainment is a premium supplier of digitally distributed gaming systems used by some of the world's most successful online gaming operators. The core product CasinoModule™ is a complete gaming platform comprising high quality games and a powerful admin tool. Operators are provided a customized solution that is easily integrated ensuring short time to market and a cost efficient operation. Net Entertainment is listed on NASDAQ OMX Stockholm (NET-B). More information about Net Entertainment is available on www.netent.com
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 12:00 on 24 June 2009.
Fabege AB (publ) is one of Sweden's leading property companies focusing on commercial premises. The book value of the company's property portfolio is approximately SEK 29.4bn. The portfolio is concentrated to the Stockholm region and has an annualised rental value of SEK 2.4bn and a lettable area of 1.4m square metres. Fabege's shares are listed on the Stockholm Stock Exchange, Large Cap segment.
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.