KPMG relocates parts of its operations to Arenastaden

Demand for office premises in Arenastaden still remains healthy. KPMG has signed a 7-year lease for 4,400 sqm of office, storage and garage space at a combined annual rent value of approximately SEK 12.5m. Occupancy will occur on 1 July 2016.

The relocation will affect part of the KPMG workforce that currently work in inner-city and north of Stockholm. The new address is Evenemangsgatan 17 and the other tenants that have already signed leases for the same building (Uarda 7) include Svenska Spel, Sodexo and Handelsbanken. KPMG’s lease will be a Green Lease, which entails that both parties will aim to identify operating solutions that are resource-efficient and environmentally smart, at the same time as the building will be environmentally certified according to BREEAM Very Good.

“We are proud that the stream of tenants to Arenastaden continues to flow and we look forward to welcoming the KPMG employees to us next summer. Strong brands such as KPMG will further strengthen the attractiveness of the area,” says Klaus Hansen-Vikström, Deputy CEO och Director of Business Development Fabege.

Fabege AB (publ)

For further information, please contact:

Christian Hermelin, President and CEO of Fabege, tel: +46 8 555 148 25, +46 733 87 18 25
Åsa Bergström, Deputy CEO and CFO, Tel: +46 8 555 148 29, +46 70 666 13 80
Klaus Hansen Vikström, Deputy CEO and Director of Business Development, tel +46 8 555 148 74, +46 70 239 34 81

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 07:50 am CET on 3 June  2015.

Fabege AB (publ) 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 33.8bn. The portfolio is concentrated in the Stockholm region and has an annualised rental value of SEK 2.2bn and a lettable area of 1 million sqm. Fabege’s shares are listed on Nasdaq Stockholm, Large Cap segment.

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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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