Fabege acquires an additional development property in Flemingsberg

Fabege has acquired part of Generatorn 2 from Skanska for SEK 60m.

The acquired part is today undeveloped and will be developed for commercial purposes.
Closing will take place after the zoning plan and building regulations have become legally binding.

-          We are pleased that we had the opportunity to acquire the land from Skanska. Through the acquisition, we have the opportunity to get started with the development of Flemingsberg faster, which is very pleasing. We are also looking forward to continues good cooperation with the municipality of Huddinge and with our neighbours in the area”, says Christian Hermelin, CEO Fabege

For further information, please contact:
Christian Hermelin, CEO, phone 46 (0)8 555 148 25, 46 (0)73 387 18 25
 
Klaus Hansen Vikström, Vice President 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 pleased that we had the opportunity to acquire the land from Skanska. Through the acquisition, we have the opportunity to get started with the development of Flemingsberg faster, which is very pleasing. We are also looking forward to continues good cooperation with the municipality of Huddinge and with our neighbours in the area. Christian Hermelin, CEO Fabege
Christian Hermelin, CEO