The properties to be newly constructed or refurbished are located in different parts of Sweden, and are set to drastically reduce the energy consumption and CO2-emissions of the buildings. All buildings will be environmentally certified to LEED Platinum, with only one project (Nöten) certified to LEED Gold, meaning all properties will have innovative and effective solutions for such matters as energy consumption.

“The occupancy rate in the projects being financed by the EIB have already reached over 80%, and the majority of the tenants are from the public sector. Together with extensive climate efforts, this provides stability, which is valued at a premium in the market, especially in worrying times,” says Johanna Skogestig, CEO of Vasakronan.

“The recovery from the current crisis must be green.” added Thomas Östros, EIB vice-president. “In many parts of the world the lockdown has shown us powerful images of what a decarbonised world could look like, and we need to invest to make that a reality. The EIB has supported many energy efficiency projects in Sweden already and we are happy to once again support Vasakronan with this important step towards energy-neutral buildings.”

About the properties:

Celsius, 10,200 square metre new construction allocated over seven floors in Uppsala Science Park. Ready for occupancy 2020/2021. Largest tenant: The Swedish Food Agency

Nattugglan on Södermalm in Stockholm encompasses 15,000 square metres of new construction allocated over seven floors. Ready for occupancy 2022. Largest tenant: Tyréns.

Magasin X in Uppsala, a unique building in many ways and Sweden’s largest office property with a frame made entirely of wood. The property is being constructed at a prime central location beside Uppsala Travel Center. 11,500 square metres allocated over seven floors. Ready for occupancy 2021. Largest tenants: The Swedish Tax Agency, Ramboll.

Nya Kronan in central Sundbyberg encompasses a total of 42,700 square metres allocated over two new buildings and one existing building undergoing renovation. Ready for occupancy 2021. Largest tenant: The Swedish Tax Agency.

Nöten in Solna comprises the total renovation of four existing buildings that are linked together through a new separate building. The project encompasses a total of 26,000 square metres allocated over nine floors. Ready for occupancy 2020. Largest tenant: The Swedish Council for Higher Education (UHR), Statistics Sweden.