Fabege secure major 10-year lease agreement in Solna Strand, Sweden.

NORDIC BUSINESS REPORT-October 26, 2023-Fabege secure major 10-year lease agreement in Solna Strand, Sweden

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Commercial real estate company Fabege (STO:FABG) and Saab AB (STO;SAAB-B), an aerospace and defense company, announced on Thursday that they have entered a lease agreement for 66,000 sqm in Solna Strand's Nöten 4 property, spanning over a decade.

The lease is valued at SEK155m, exclusive of supplements, with occupancy slated for autumn 2025.

The property, originally constructed in 1971 for the Swedish Tax Agency, is strategically situated on Solna Strandväg 22, boasting proximity to public...

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