Swedish property group Fabege has said that all space at its centrally located Duvan 6 property on Klara Södra Kyrkogata in the Norrmalm district of central Stockholm has been let.
Swedish property group Fabege has said that all space at its centrally located Duvan 6 property on Klara Södra Kyrkogata in the Norrmalm district of central Stockholm has been let.
In this final stage a total of 4,000 m2 of space has been let to the Swedish Police Union (1,100 m2), Tamro (1,100 m2) and the Unemployment Benefit Fund for Small Business Owners (Småföretagarnas Arbetslöshetskassa) (1,900 m2). The average contract term is about 5 years and the total annual rental volume about SEK 14 mln.
'We have been successful in finding new tenants, despite the economic environment. Having finalised these agreements, practically the whole of the Duvan property has now been let, even before the existing tenant has fully moved out,' Christian Hermelin, Fabege's CEO, said.
