Fast Times at Uarda 6

Sweden Sweden — On Friday, Fabege announced the completion of its third transaction in Arenastaden to Union Investment. Fabege’s Vice President and Director of Business Development, Klaus Hansen Vikström, tells Nordic Property News of the fast transaction and what the next step will be in Arenastaden.

NCC to Construct Green Office Building for Fabege for Nearly €90 M

Sweden Sweden — NCC has been commissioned by Fabege AB to construct a 40,000-square meter office building next to Arenastaden in Solna, Sweden. The office building will be BREEAM Excellent certified and have ICA as the largest tenant. The order is worth SEK 830 million (nearly €90 M).

Fabege Sells For €263 M in Arenastaden

Sweden Sweden — Fabege has signed an agreement to sell the Uarda 5 property, Vattenfall’s head office in Arenastaden, to Union Investment Real Estate GmbH. The property comprises approximately 44,000 sqm of office space and is currently fully let to Vattenfall, and to an external restaurant. The sale will occur in the form of a company with an underlying property value of SEK 2,257 M (€263,54 M).