Growth of Stockholm benefits Fabege
Christian Hermelin, CEO of Fabege, comments on full-year 2013:“Increasing income, high retention rate and new tenants moving to Arenastaden is an adequate summary of 2013. The rapid growth of Stockholm is forming the foundation for the successes. Rental income increased to SEK 2,059m (1,869). In an identical portfolio, income rose 13 per cent. The year-on-year change was due to growth through positive net lettings and completed projects. The office market in Stockholm remained strong during 2013 and demand for modern, flexible offices in prime locations continues to increase. The