Yet another company will relocate to Arenastaden. Fabege has signed a ten-year lease with Svenska Spel in the Uarda 1 property at Evenemangsgatan 17. The scheduled occupancy date is 1 April 2016. The total rental value will be SEK 25m on an annual basis, including VAT compensation. Since Svenska Spel is already one of Fabege’s tenants, there will be no impact on net lettings. The lease entails that Fabege has now invested SEK 569m in the next phase of Uarda 1, which comprises a total of 17,600 sqm.

“We have had positive cooperation with Fabege for several years and are now delighted that we have agreed on a new contract. We are moving to new, purpose-built premises, while also gaining a workplace that better reflects our internal culture and strengthens our image as a modern company,” says Lennart Käll, CEO of Svenska Spel.

Arenastaden continues to grow. Many new tenants arrived in 2012, providing 4,000 workplaces in this new city district. And growth is continuing in 2013. Friends, the organisation against bullying in schools that gave its name to both Friends Arena and Quality Hotel Friends, moved to Arenastaden during the spring. The AIK Solna Football Club will open a store totalling 250 sqm in summer. In autumn 2013, Nordic Fast Food AB, the fast-food chain Sibylla and Jetpak will move their head offices to Arenastaden, while the largest hotel operator in Sweden, Quick Office, will open both serviced offices and a conference facility at Dalvägen 8.

“Our long-term vision for Arenastaden is to provide a fantastic setting for successful companies. A pulsating location with excellent service amenities, proximity to parks and green spaces and efficient public transport. It is gratifying to see that an increasing number of companies are now discovering the qualities that this area can offer,” says Christian Hermelin, Fabege’s CEO.

Fabege AB (publ)