Fabege signs a new additional agreement with the ICA Group

ICA Gruppen AB has signed a new 12-year agreement to rent the remaining area in the Signal 3 property. This rental agreement means that the property has now been fully rented out to ICA Group before it is even completed. The total annual rental value for the additional agreement amounts to approximately SEK 16m. The tenant will move in during the first quarter of 2019.

The new rental agreement, as is the case with the existing agreement, is a so-called Green rental agreement, as a result of which both contractual partners strive to establish resource-efficient and environmentally smart operational solutions, and the building will be environmentally certified pursuant to BREEAM Excellent.

Signalen 3 is located by the Signalbron bridge, near the Mall of Scandinavia, Friends Arena and Solna Station.

“We are very pleased to be able to continue developing our relationship with ICA. It is very much in line with our strategy of being customer-focused and flexible,” says Klaus Hansen Vikström, Deputy CEO and Director of Business Development at Fabege.

Fabege AB (publ)  

For further information, please contact:
Klaus Hansen Vikström, Deputy CEO and Director of Business Development,  +46 (0)8-555 148 74, +46 (0)70-239 34 81

Fabege is a property company focusing on city district development and commercial properties. We develop attractive and sustainable districts with modern offices, housing and a broad range of services - together with strategic partners. Both our perspective and approach to ownership are long term and our passion is creating the right conditions for all those living, working and visiting our areas. We have a presence in a limited number of high-growth submarkets in the Stockholm region. Fabege’s shares are listed on Nasdaq Stockholm, in the Large Cap segment. For more information,  www.fabege.com

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We are a property company focusing on city district development and commercial properties. We develop attractive and sustainable districts with modern offices, housing and a broad range of services - together with strategic partners. Both our perspective and approach to ownership are long term and our passion is creating the right conditions for all those living, working and visiting our areas. We have a presence in a limited number of high-growth submarkets in the Stockholm region. Fabege’s shares are listed on Nasdaq Stockholm, in the Large Cap segment.

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We are very pleased to be able to continue developing our relationship with ICA. It is very much in line with our strategy of being customer-focused and flexible.
Klaus Hansen Vikström, Deputy CEO and Director of Business Development