The waterside location, combined with excellent transport facilities and easy access to green areas and the inner city, makes Hammarby Sjöstad a very attractive area for both residential and commercial purposes. Office premises in the area have largely been created by converting old industrial properties. The unique character of both the premises and the area serves as a magnet for creative services companies.
In 2012, eff orts to develop Hammarby Sjöstad into an attractive office market continued. A key feature of this work was the development of an old, centrally located light-bulb factory, the Luma property, with the aim of making it an even more significant icon for the area. The attractiveness of Luma as a meeting place will considerably increase when the New Carnegie brewery moves into the property at the end of 2013, with an
operation comprising a restaurant and beer school as well as the brewery.
A hotel is currently under construction in the Skeppshandeln area with occupancy scheduled for the first half of 2014. In 2012, long-term development work in the area could be detected from clearly growing interest from potential tenants. The vacancy rate declined and rental levels rose.
Fabege owns 13 commercial properties in Hammarby Sjöstad, comprising a surface area of 126,000 sqm and is thus the largest holder of commercial premises in the area. The rental value is SEK 205m, representing 9 per cent of the company’s total rental value. Offices account for 66
per cent of Fabege’s premises, corresponding to 69 per cent of the offi ce market. At year-end 2012, the occupancy rate in the
area was approximately 88 per cent.
Rental value by category,
per 31 December 2012
Lettable area by category,
per 31 December 2012
Key figures, per 31 December 2012
|Number of properties
|Market value, SEKm
|Lettable area, ‘000 sqm
|Financial occupancy rate, %
|Remaining contract term, years
|Rental value, SEKm
Largest tenats, per 31 December 2012
|Riksbyggen Ekonomiska Förening
|Point Transaction Systems AB
|Upplands Motor AB
|Nets Sweden AB
|Rösjötorp Utbildning AB