Fabege is Solna’s largest owner of commercial properties and thus has a unique opportunity to be involved in the renewal of entire districts.
Fabege owns 37 properties in Solna with total fl oor space of 455,000 sqm, of which offices account for 73 per cent. Th is corresponds to a share of nearly 35 per cent of the office market in Solna. The rental value is about SEK 720m, representing 34 per cent of the company’s total rental value.
Arenastaden
In Arenastaden, Fabege is building and developing a vibrant city district featuring offices, retail stores, housing and an attractive environment. Th e area has excellent transport facilities as a result of its proximity to Stockholm Arlanda Airport and the European Route E4, as well as the planned expansion of commuter trains, the Tvärbanan light railway and buses. Friends Arena and the largest shopping centre in the Nordic region, Mall of
Scandinavia, are two major landmarks currently being built in Arenastaden.
The emergence of the new district will generate a positive trend for rents in the area. Th e year-end occupancy rate was about 80 per cent.
Solna Business Park
Solna Business Park is a property area comprising an established business park. For example, ICA, EDB and Coop have located their headquarters in the area. Solna Business Park has excellent transport facilities and acts as a hub for the underground, commuter trains, longdistance trains, buses and the forthcoming Tvärbanan light railway.
Many tenants in Solna Business Park are stable customers with long leases. The occupancy rate in the area was about 90 per cent at year-end 2011.
Other areas of Solna
Fabege also owns about ten properties in other areas of Solna.
|
Rental value by category, per 31 December 2011 |
Lettable area by category, per 31 December 2011 |
 |
 |
Key figures, per 31 december 2011
|
2011 |
| Number of properties |
37 |
| Market value, SEKm |
9,856 |
| Lettable area, ‘000 sqm |
455 |
| Financial occupancy rate, % |
88 |
| Remaining contract term, years |
3.7 |
| Rental value, SEKm |
720 |
Largest tenants, per 31 december 2011
|
sqm |
| ICA |
27,000 |
| Peab Sverige AB |
20,000 |
| Svenska Spel AB |
18,000 |
| Skatteverket |
16,000 |
| COOP |
13,000 |