Fabege acquires property in Järva Krog, Solna

Fabege is acquiring the property Sadelplatsen 1, Järva Krog. The transaction has a total price of SEK 172.5m. Handover will take place on June 8, 2016.  The seller is an Uppsala -based consortium, with among others Olle Olsson Holding AB as partner.

The property’s rentable area amounts to about 6,400 square meters of shop, workshop and office premises. The rental value is just over SEK 14m annually and Audi is the largest tenant who disposes about 50 percent of the property. There is the possibility of developing additional building rights for office activities in the future.

-This transaction allows us to create the opportunity for further development in an area in close proximity to our other holdings in Solna. The property’s location means that it has the potential to become an important part of our ongoing structural measures,” says Klaus Hansen Vikström, Vice president andDirector of Business Development at Fabege.

Fabege AB (publ)

This information is of such a nature that Fabege AB (publ) is obliged to publish it pursuant to the Swedish Securities Market Act and/or the Swedish Financial Instruments Trading Act.
The information was submitted for publication at the date and time stated above.

8 Jun 2016 2:30 PM

For more information

More information is available from:
Klaus Hansen Vikström, Vice president and Director of Business Development,
tel. +46(0)8-555 148 74, +46(0)70-239 34 81

Download press release (pdf)