On 28 May 2015, Fabege signed an agreement with Catena AB (publ) to acquire the project properties Stora Frösunda 2 and Hagalund 2:2 located beside the Frösundaleden highway in Solna, “Haga Norra”. The transaction was subject to approval by an extraordinary general meeting of Catena’s shareholders. Following a resolution today by Catena’s general meeting of shareholders to approve the divestment, the transaction has been completed and Fabege has taken possession of the properties.
“Our focus on city district development has been highly successful and we see excellent potential for value creation here, particularly in light of the high demand for modern buildings in locations with access to rail services. The acquisition of Haga Norra also fits well with our ambition to own a project portfolio with major potential,” says Christian Hermelin, CEO of Fabege.