Fabege: Arenastaden attracts TeliaSonera to Solna

Business Wire


Regulatory News:

Fabege (STO:FABGA) and TeliaSonera have signed a 15-year lease concerning the leasing of the entire Scandinavian Office Building in Arenastaden, Solna. The date of occupancy is scheduled for spring 2016 and all of TeliaSonera’s employees in Farsta and Stockholm City will relocate to the new premises. The annual rental value is over SEK 98m, excluding supplements and garages.

TeliaSonera’s new head office will be built close to the Mall of Scandinavia and will be an environmentally certified building. TeliaSonera has also signed up for a Green Lease, which entails more in-depth cooperation concerning environmental issues and efforts to reduce the climate impact.

“We are naturally delighted to welcome one of Sweden’s largest companies to Arenastaden. By the time TeliaSonera moves to the new building, the offering of services in the area will match that of the City, in one of Stockholm’s best locations in terms of transport links. At Arenastaden, we are endeavouring to create a living city district and we are convinced that TeliaSonera’s employees will have a stimulating and comfortable work environment,” says Christian Hermelin, CEO of Fabege.

Facts about Arenastaden:

Arenastaden is a sustainable city district that is being developed on a formerly underutilised industrial site that has been remediated. The sustainability aims for the city district are highly ambitious and all of Fabege’s new buildings are environmentally certified. By the end of 2015, the Tvärbanan light rail line and the new access routes from the motorways will be in place. The Citybanan railway line will open in 2017, whereby commuter train services will be integrated with underground services into a single traffic system. By 2022, plans also call for the underground service to have been expanded out to Arenastaden. Friends Arena, the Mall of Scandinavia, Quality Hotel Friends and the newly built residential units, together with the modern offices, will jointly form a vibrant district with a city buzz.

Fabege AB (publ)

This constitutes information that Fabege AB (publ) may be legally obliged to publish under the Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication at 08:00 am (CET) on 23 April 2014.

Fabege AB (publ) is one of Sweden’s leading property companies focusing mainly on letting and managing office premises and property development. Fabege owns properties with a carrying amount of SEK 33.4bn. The portfolio is concentrated in the Stockholm region and has an annualised rental value of SEK 2.4bn and a lettable area of 1.1m sqm. Fabege’s shares are listed on Nasdaq OMX Stockholm, Large Cap segment.

This information was brought to you by Cision http://news.cision.com

Christian Hermelin
President and CEO
tel: +46 (0)8-555 148 25, +46 (0)733-87 18 25
Åsa Bergström
Deputy CEO and CFO
tel: +46 (0)8-555 148 29, +46 (0)706-66 13 80
Klaus Hansen-Vikström
Director of Business Development
Tel: +46 (0)8-555 148 20, +46 (0)70-2239 34 81
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