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The property totals 13,550 sqm of letting area and is fully let to Ericsson until 31 December 2016.
Atrium Ljungberg assesses that the property has vast opportunities to attract new tenants despite Kista's competitive office market. The property is also seen as a good supplement to the company´s other property portfolio in Kista where the company owns Kvarteret NOD, among other areas.
“Our strength is the local presence, our commitment and our close collaboration with local players. This has shown to be successful in our letting work. Kista will continue to be a hub for ICT companies and this flexible building has vast potential to develop to a clear concept which accommodates several companies within this segment,” comments Micael Averborg, Business Area Director, Transaction and Markets, Atrium Ljungberg.
In 30 years Kista has transformed from being an industrial area to a place for world-leading research and technology development, mainly within the ICT segment. Over recent years Kista has attracted investments worth billions, with new commercial areas, hotels and a fair. Infrastructure has strengthened mainly through new road links. The area has a strong position through strong trade and industry as well as an attractive geographical location close to the city, Arlanda and Uppsala. At the same time Kista is undergoing a vast transformation.
“Within a few years thousands of residentials will be built, Tvärbanan cross-town light rail link will be constructed and the underground will be extended past Kista. We are on the way towards Kista 4.0, a place where the urban environment will have increasingly urban qualities with life and dynamics. We also envisage a unique collaboration between players, mainly within the ICT sector, which makes Kista exciting. We want to be a part of this,” concludes Micael Averborg.
