Fabege is the largest owner of commercial premises in Hammarby Sjöstad. The company owns 12 commercial properties with a total fl oor space of 132,000 sqm in the area. The rental value is about SEK 175m, representing 8 per cent of the company’s total rental value. Offices account for 60 per cent of Fabege’s premises, representing 78 per cent of the office market in Hammarby Sjöstad. At year-end 2010, the occupancy rate in the area was about 82 per cent.
Hammarby Sjöstad has evolved to a highly attractive area, with mainly residential space, but also a significant share of commercial premises. The area is well connected through the light rail line, ferries and local bus services. In the coming years, Fabege will focus on further establishing Hammarby Sjöstad as an attractive office market.
As the single largest owner and manager of office properties in Hammarby Sjöstad, Fabege has the opportunity to influence the character of the area.
The character of the company’s commercial premises in the area is gradually shifting, from light industry to services. The portfolio is mainly made up of a large number of small customers.
Rents have increased over the past few years, and are expected to continue to rise. The proximity to the inner city, good transport links and the exclusive waterfront location all create a special character that is attracting creative service-sector companies such as architectural firms, advertising agencies and TV production companies.
|
Rental value by category, per 31 December 2010 |
Lettable area by category, per 31 December 2010 |
 |
 |
Key figures, per 31 December 2010
|
2010 |
| Number of properties |
12 |
| Market value, SEKm |
1,987 |
| Lettable area, ‘000 sqm |
132 |
| Financial occupancy rate, % |
82 |
| Remaining contract term, years |
2.4 |
| Rental value, SEKm |
175 |
Largest tenats, per 31 December 2010
|
sqm |
| Point Transaction Systems AB |
4,000 |
| WSP Sverige AB |
3,000 |
| Phonera Networks AB |
3,000 |
| Rösjötorp Utbildning AB |
2,000 |
| Strängbetong AB |
2,000 |