Kungsleden and Aroseken in cooperation to develop housing at Finnslätten in Västerås

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Kungsleden has signed an agreement with Aroseken to divest part of the Västerås Effekten 5 property for future residential purposes. The objective is to create more than 15,000 sq.m. GTA of housing and the price amounts to SEK 2,000 per sq.m. GTA.

There is a currently vacant building of approximately 8,000 sq.m. in the section of the property being sold. Work recently commenced to amend the zoning plan, with the aim of having a finalised zoning plan during 2023.

“The agreement with Aroseken to construct housing is an important step in the right direction for Vision Finnslätten. In this area, we are developing the high-tech hub of the future for international companies. We are planning for offices, world-class industrial and logistics premises, as well as an international school and pre-school, and are delighted that Aroseken is to develop housing here,” says Mats Eriksson, Regional Manager Mälardalen at Kungsleden.

Aroseken will gain access to the property in connection with the zoning plan coming into force and the property being subdivided.

“We feel very honoured that Kungsleden has selected us as strategic partner to develop housing for Finnslätten. We are very much looking forward to a collaboration in which we will work with Kungsleden to help our industrial companies become even more competitive by offering a solid breadth of new housing alternatives,” says Aroseken’s CEO Christian Brobeck.

In 2018, Kungsleden initiated a dialogue with its largest tenant at Finnslätten, ABB, on the development of the area. The ideas were discussed further with the City of Västerås, which welcomed the initiatives to develop the community and showed great enthusiasm. Creative collaboration between Kungsleden, ABB, the City of Västerås, Mälardalen University, Northvolt, Westinghouse, Alstom, and others, has since led to Vision Finnslätten, which has the aim of developing the area into an attractive location for world-leading high-tech companies.

For more information, please contact:

Ylva Sarby Westman, Deputy CEO and CFO, Kungsleden | +46 8 503 052 27 | ylva.sarby.westman@kungsleden.se
Christian Brobeck, CEO, Aroseken, +46 73 707 91 18, christian.brobeck@aroseken.se
Mats Eriksson, Regional Manager Mälardalen, Kungsleden | +46 70 588 79 99 | mats.eriksson@kungsleden.se
Anna Trane, Head of Corporate Communications, Kungsleden | +46 708 84 74 69 | anna.trane@kungsleden.se

About Kungsleden. We are people that create places and experiences for people. By developing and managing attractive and sustainable places, we offer people a better and more inspiring work experience. We are a long-term property owner focused on commercial properties in Sweden’s growth regions. As of 31 March 2021, we owned 208 properties with a total value of SEK 41,814 m. Kungsleden (KLED) is listed on the Nasdaq Stockholm Large Cap. Read more at www.kungsleden.se