NACKA, Sweden--(BUSINESS WIRE)--Regulatory News:
Fabege (STO:FABGA) has signed a 15-year lease with O’Leary’s for premises in the Getingen 14 property on Sveavägen 143. In addition to the customary O’Leary’s sports bar and restaurant, the approximately 2,500 sqm premises will include a bowling alley and a game center, as well as a conference section. The lease is worth about SEK 4.5m annually. The grand opening is scheduled for 1 September 2011.
“We are delighted that O’Leary’s has decided to establish operations in our property and in this area. We believe that O’Leary’s will raise the level of neighbourhood service in the area and will help to make Norrtull a living city district all times of the day,” says Urban Sjölund, Property Manager at Fabege.
“We are looking forward with great excitement and expectation to the opening of the experience centre in the autumn. We will be opening one of the world’s largest O’Leary’s restaurants based on a fantastic concept comprising delicious food, game center and top-quality sport,” says Henrik Hermansson, Chief Executive Officer of the forthcoming O’Leary’s Norrtull.
Fabege AB (publ)
This constitutes information that Fabege AB (publ) may be legally obliged to publish under the Securities Market Act and/or the Financial Instruments Trading Act. The information was released for publication at 08:00 am (CET) on 17 February 2011.
Fabege AB (publ) is one of Sweden’s leading property companies focusing on commercial premises. The carrying amount of the company’s property portfolio is approximately SEK 27.0bn. The portfolio is concentrated to the Stockholm region and has an annualised rental value of SEK 2.1bn and a lettable area of 1.1m sqm. Fabege’s shares are listed on Nasdaq OMX Stockholm, Large Cap segment.
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