Apoteket AB has signed a
seven-year lease with Fabege in the Farao 8 property in Arenastaden.
The annual rental value amounts to about SEK 10m. Occupancy is
scheduled for April 2013.
Arenastaden is evolving into what could
become Sweden's most exciting city district - with a unique mix of a
number of attractive components: Friends Arena, Sweden's national
football arena, will be inaugurated in autumn 2012. Quality Hotel
Arena, a conference and congress hotel with 399 double rooms, will
open in autumn 2013. Mall of Scandinavia, Northern Europe's most
modern shopping centre, will open in autumn 2015. A total of 3,000
housing units are being built here, with initial occupancy in May
2014. We are also developing future-secured offices in the shape of
25,000 workplaces, in cooperation with a number of Scandinavia's
most well-reputed architects. Arenastaden will offer the pulse of a
city combined with proximity to nature. An urban feeling but with
modern properties that are easy to adapt.
'Another major company with a strong
brand is now opting to locate its headquarters in Arenastaden. The
fact that Apoteket has also chosen Arenastaden confirms that we are
on the right path to realising our vision for the new city district.
Arenastaden's unique configuration and great location creates the
best potential for a vibrant city and prime office location.
Arenastaden is the natural choice for those seeking an urban feeling
but in a modern and sustainable area,' says Christian Hermelin, CEO
'We acquired the property with a high
degree of vacancy in late 2011 with the aim of providing modern
office space in Arenastaden with immediate occupancy. Accordingly,
it is gratifying that we have now let the entire office area in the
property to Apoteket,' concludes Urban Sjoelund, Director of
AB is one of Sweden's leading property companies focusing
mainly on letting and managing office premises and property
development. The carrying amount of the company's property portfolio
is approximately SEK 30.8bn. The portfolio is concentrated in the
Stockholm region and has an annualised rental value of SEK 2.2bn and
a lettable area of 1.1m sqm. Fabege's shares are listed on Nasdaq
OMX Stockholm, Large Cap segment.
Further information www.fabege.se