Swedish Football Association to relocate to Arenastaden, Solna
Fabege has signed a 15-year lease with the Swedish Football Association (SFA) pertaining to the Uarda 1 property in Arenastaden, in Solna outside Stockholm. The agreement encompasses about 4,550 sqm of office and production space, and occupancy is scheduled for November 2012.
The property, which will be fully renovated and have three floors added, is part of Fabege’s development project in Arenastaden.
“We are very proud of this agreement with the Swedish Football Association, a customer that represents a strong brand and that is ideal for Arenastaden. Since we know that the competition was intense, we are particularly pleased that the SFA selected our premises and will be a visible element of this exciting city district,” says Urban Sjölund, Director of Properties at Fabege.
“The Swedish Football Association appreciates the proximity to the Swedbank Arena and the area’s natural ties to sports and other activities. We also see advantages for our personnel who will have the opportunity to work in an expanding and vibrant district,” says Mikael Santoft, Secretary General of the Swedish Football Association.
Fabege AB (publ)
For further information, please contact:
Christian Hermelin, CEO, phone 46 (0)8 555 148 25, 46 (0)73 387 18 25
Åsa Bergström, Deputy CEO and CFO, phone 46 (0)8 555 148 29, 46 (0)70 666 13 80
Urban Sjölund, Director of Properties, Tel: +46 (0)8 555 148 50, +46 (0)73 387 18 50
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 08:00 am CET on 8 June 2011.
Fabege AB (publ) is one of Sweden’s leading property companies focusing on commercial premises. The carrying amount of the company’s property portfolio is approximately SEK 27.7bn. The portfolio is concentrated to the Stockholm region and has an annualised rental value of SEK 2.1bn and a lettable area of 1.1m sqm. Fabege’s shares are listed on Nasdaq OMX Stockholm, Large Cap segment.
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