Fabege

Coor will lease 3,158 square metres of office space, 564 square metres of conference space and 779 square metres of deli and restaurant space in Kvarter 1. All three leases have a duration of seven years and are expected to start in October 2024 and January 2025.

- "It feels great to be moving to new modern premises in Arenastaden and also to have the opportunity to contribute our expertise to the customer experience in the form of service provision relating to restaurants, cleaning, reception and conferences," says AnnaCarin Grandin, President and Group CEO of Coor.

Lease agreements were also recently signed with Randstad, JM and SATS in Kvarter 1. The occupancy rate for the project now amounts to 66 per cent following signing of the lease agreements with Coor.

- "We see a trend in the market that customers want modern office premises in attractive locations, and the lease agreements with Coor demonstrate this. There is good demand for the remaining space and the aim is for the property to achieve full occupancy in 2023," says Karl Henrik Lenneryd, Project Letting Agent at Fabege.

The development of the new Haga Norra district in Arenastaden comprises 70,000 square metres of commercial premises and 1,000 new homes, with Kvarter 1 consisting of 27,000 square metres of premises. These will offer a wide range of services, including offices, reception, conference facilities, gym, bike garage, restaurant, shops and various meeting places, both in the building and just around the corner. Fabege's total investment in Kvarter 1 is estimated at approximately SEK 1.4bn. The property is being certified to the BREEAM-SE Excellent standard.

Fabege AB (publ)