Fabege increases its investment in Flemingsberg
Fabege acquires three properties close to the station in Flemingsberg from Vincero Fastigheter AB. Transfer of ownership for the properties Regulator 1, Batteriet 3 and Batteriet 4will take place 1 November 2018.
Together with Huddinge municipality, will we now proceed with the plan for the area and its infrastructure. The area, with existing and planned infrastructure, is the natural hub of southern Stockholm. The total real estate value of the acquisitions amounts to approximately SEK 750m.
- “It is of course extremely exciting that we are up and running with this important project, together with Huddinge Municipality. Attractive workplaces located close to where people live are needed, also on the southern side of Stockholm, and utilizing vacant capacity in existing infrastructure is very wise. We hope that this new city district will create a better balance and more competitiveness in the entire Stockholm region,” says Klaus Hansen Vikström, Vice President and Director of Business Development at Fabege.
The aim is to renew and develop the area around Flemingsberg station to create a place for 50,000 jobs, 50,000 residents and 50,000 visitors in Flemingsberg. A place where knowledge and creativity combine with business, local residents and visitors to create sustainable growth in an open and inviting environment.
Fabege AB (publ)
For further information, please contact:
Klaus Hansen Vikström, Vice President and Director of Business Development, +46 (0)8-555 148 74, +46 (0)70-239 34 81
Åsa Bergström, Deputy CEO and CFO, +46 (0)8 555 148 29, 46 (0)70 666 13 80
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