Fabege is the largest owner of commercial premises in Hammarby Sjöstad. The company owns 13 commercial properties with total floor space of 130,000 sqm in the area. The rental value is about SEK 178m, representing 8 per cent of the company’s total rental value. Offices account for 60 per cent of Fabege’s premises, representing 65 per cent of the office market in Hammarby Sjöstad. At year-end 2011, the occupancy rate in the area was about 80 per cent.
Hammarby Sjöstad has evolved into a highly attractive city district, for residents and companies. The area has excellent transport facilities through the Tvärbanan light rail line, ferries and local bus services. In 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 landscape of the area. The character of the company’s commercial premises in the area is gradually shifting, from light industry to services. Fabege has, for example, invested in upgrading and developing the Luma property. During 2011, the Hammarby Gård 7 property was also developed – a section of land
here was sold for the construction of housing and a unique hotel is being built on the remaining land.
Rents have increased over the past few years, and are expected to continue to rise. Th e 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 2011 |
Lettable area by category,
per 31 December 2011 |
 |
 |
Key figures, per 31 December 2011
|
2010 |
| Number of properties |
13 |
| Market value, SEKm |
2,215 |
| Lettable area, ‘000 sqm |
130 |
| Financial occupancy rate, % |
84 |
| Remaining contract term, years |
2.4 |
| Rental value, SEKm |
178 |
Largest tenats, per 31 December 2011
|
sqm |
| Upplands Motor Stockholm Söder AB |
4,000 |
| Point Transaction Systems AB |
4,000 |
| Vitvaruspecialisten Nordin & Ölwing AB |
3,000 |
| Wallmans Nöjen AB |
3,000 |
| WSP Sverige AB |
3,000 |