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2016-11-22

Fabege: Migrationsverket signs new agreement with Fabege

Migrationsverket (the Swedish Migration Agency) is bringing large
sections of the Stockholm region's operations together under one roof
at Grand Central Sundbyberg. The lease covers approximately 17,000
sqm of the building's total office space of 36,000 sqm, and will
continue for a period of at least 6 years. The annual rental value
amounts to roughly SEK 45m. Occupancy is scheduled to take place
after summer 2018.

Following an extensive procurement process, Migrationsverket has now
taken the decision to gather its employees and its new service centre
under one roof at Sundbyberg Centrum. The decision means that
Migrationsverket will vacate its premises at Arenastaden and
Hallonbergen and move in to newly refurbished offices in the Grand
Central Sundbyberg property. The net letting effect for Fabege will
amount to approximately SEK 20m. The primary reasons behind the
choice of location were the excellent public transport connections
and flexible nature of the new premises.

Migrationsverket's new offices and service centre will have their own
entrance and the address will be on Sturegatan. Grand Central
Sundbyberg has an additional 19,000 sqm or so of office and retail
space to let, and future tenants on the upper floors will have their
entrance on Järnvägsgatan and the planned new plaza in Sundbyberg.

- "We're delighted that Migrationsverket has decided to remain with
Fabege. Our long-standing and highly successful relationship meant
that it was extremely important to us to identify a great office and
location for their operations," said Andreas Malmsäter, Head of
Leasing at Fabege.

The property listing for Grand Central Sundbyberg is Orgeln 7.

Fabege AB (publ)

For further information, please contact:
Klaus Hansen Vikström, Vice President and Director of Business
Development,

+46 (0)8-555 148 74, +46 (0)70-239 34 81
Andreas Malmsäter, Head of Leasing at Fabege, +46 (0)8-555 148 62, +46
(0)73-986 15 08

Fabege AB (publ) is one of Sweden's leading property companies
focusing mainly on letting and managing office premises and city
district development. Fabege owns properties with a carrying amount
of SEK 44.7bn. The portfolio is concentrated in the Stockholm region
and has an annualised rental value of SEK 2.3bn and a lettable area
of 1.1m sqm. Fabege's shares are listed on Nasdaq Stockholm, Large
Cap segment.

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http://news.cision.com/fabege/r/migrationsverket-signs-new-agreement-wit...
http://mb.cision.com/Main/1568/2127783/593287.pdf

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