Fabege to let premises to Björn Borg AB

Fabege to let premises to Björn Borg AB

Fabege has signed a lease with Björn Borg AB for the property on
Apotekaren 22, Tulegatan 11/Kungstensgatan 23. The premises cover
approximately 2,000 square metres on three floors and will be used for
offices and showrooms. The tenant is scheduled to move in on
1 December 2011.

The premises is located in the courtyard house which is designed by the
architect Ferdinand Boberg in the early 1900s. Its spectacular high
ceilings and large windows are well-suited to Björn Borg's operations.

“We are very pleased to have succeeded in attracting well-known and
dynamic companies such as Björn Borg as long-term customers.
Approximately 30,000 square metres of the property's total area have
been renovated, and some 15,000 square metres are currently being
modernised. We have created entirely new floor plans for Björn Borg,
such as a mezzanine-floor solution, and we have converted unutilised
maintenance space into modern offices. This is very positive for the
continued development of the property, which is attracting an increasing
number of interesting companies,” says Urban Sjölund, Property Manager
at Fabege.

“From our standpoint, Björn Borg's relocation to new premises is in line
with our strategy of expanding and establishing our brand name
internationally. With this move, we now have the opportunity to realise
the full potential of our brand. We can create space adapted to our
operations and expose our products in a spectacular manner. The premises
will also provide us with the opportunity to incorporate the entire
production chain in an efficient and integrated manner, from design to
the display of finished products,” comments Arthur Engel, President and
CEO of Björn Borg AB.

Fabege AB (publ)

For further information, please contact:
Christian Hermelin, CEO, phone 46 (0)8-555 148 25, 46 (0)733-87 18 25
Åsa Bergström, Deputy CEO and CFO, phone 46 (0)8-555 148 29, 46
(0)706-66 13 80
Urban Sjölund, Property Manager, phone 46 (0)8-555 148 50, 46
(0)733-87 18 50

 

Description of the company Björn Borg:
Björn Borg is a Swedish company that owns and develops the Björn Borg
brand. The Björn Borg brand is recognized for its high-quality products
and creative and innovative design, influenced by the sporting heritage
associated with the Björn Borg name. Underwear forms its core and
largest business area. The offering also includes associated products,
sportswear, and, through licensees, bags, fragrances and eyewear. Björn
Borg products are currently sold in some 17 markets, the largest of
which are the Netherlands and Sweden.