Atrium Ljungberg acquires office property in... - Atrium Ljungberg

Atrium Ljungberg acquires office property in Sundbyberg

Property company Atrium Ljungberg has signed an agreement to acquire the office property Eken 14 in Sundbyberg today. The property totals more than 8,000 m[2] letting area and was acquired at an underlying property value of SEK 295 million.

Eken 14 is right next to Eken 6, which is also called ‘Chokladfabriken’ (Chocolate Factory), a property that Atrium Ljungberg acquired in 2016. Eken 14 will supplement the range of premises available at Chokladfabriken, enabling Atrium to manage both properties together in an effective way. Eken 14 forms part of the planning programme for Sundbyberg’s new city core. The property has the potential to be developed within the existing buildings and by obtaining new development rights.

“The acquisition of Eken 14 enhances our position and our opportunities to be involved in developing the centre of Sundbyberg, one of the most interesting areas in the Stockholm region that is experiencing major growth in both companies and residential properties. We want to create the right conditions for different activities to strengthen each other,” says Johanna Jonsson, Head of Transactions at Atrium Ljungberg. Eken 14 comprises 8,000 m2 letting area. The transaction will be conducted through a company transaction, where the underlying property value is SEK 295 million before deductions for latent tax. The property is almost fully let and has a rental value of SEK 16 million. The seller is Wäsö Fastigheter. Atrium Ljungberg will take possession of the property on 3 June 2020.

Nacka, 28 May 2020
Atrium Ljungberg AB (publ)

Press release

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