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BRIEF-Fabege continues development of Råsunda
June 22, 2017 / 5:54 AM / 6 months ago

BRIEF-Fabege continues development of Råsunda

June 22 (Reuters) - FABEGE AB:

* FABEGE CONTINUES DEVELOPMENT OF RÅSUNDA

* ‍FABEGE AND CITY OF SOLNA HAVE AGREED ON CONSTRUCTION OF A NEW SCHOOL​

* AGREEMENT WITH CITY OF SOLNA IS SET TO RUN FOR 20 YEARS WITH A RENT OF APPROXIMATELY SEK 12.5 MILLION PER YEAR

* ALL THREE OF NEW FACILITIES ARE EXPECTED TO BE UP AND RUNNING AS EARLY AS START OF AUTUMN SCHOOL TERM 2018

* INVESTMENT AMOUNTS TO SEK 140M

* ‍FABEGE AND CITY OF SOLNA ALSO AGREED ON CONSTRUCTION OF A PRESCHOOL FACILITY FOR 80 CHILDREN, AND A MULTI-RESIDENCE BUILDING​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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