The property in Mölndal comprises 16 different buildings. One of these buildings is now being upgraded to create a modern, flexible office and is being extended by about 2,400 sqm, thus bringing the total leasable area to 11,400 sqm. Hemfosa has signed a ten-year lease for the entire area with insurance provider If Skadeförsäkring, which will locate one of its largest offices in the premises. The project will commence as soon as all of the conditions for the validity of the agreement have been met and occupancy is scheduled for June 2017.

“This is Hemfosa’s largest new lease and we are incredibly proud of having been chosen to create If’s new flagship office in Sweden. In connection with this lease and tenant-specific modifications, we will upgrade the entire centrally located building in Södra Porten, which will be a boost for the whole area. The establishment of this office is yet another example of how Södra Porten is an area gaining in popularity,” says Annika Ekström, Head of Property Management at Hemfosa Fastigheter.