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Press release

Stendörren Fastigheter AB: Stendörren signs a long-term lease agreement for approximately 4,100 square meters in Bromma, Stockholm

Stendörren Fastigheter

Press release

November 26, 2024

Stendörren Fastigheter AB (publ) has signed a long-term lease agreement with Echandia Marine AB for industrial premises covering approximately 4,100 square meters in the property Magneten 18, located in the Ulvsunda industrial area in Bromma, Stockholm. Possession is expected to take place in April 2025.

"We are delighted to welcome Echandia to our portfolio and to Magneten 18 in the Ulvsunda industrial area. The property is a prime example of what we consider the core of our property portfolio: attractive premises in urban growth areas", says Anders Nilsson, Head of Property Management at Stendörren.

Echandia develops and supplies safe and reliable battery systems for the maritime sector.

"We look forward to establishing our business in Stendörren's premises. It provides us with the proper conditions to significantly enhance our development and production capacity," says Torbjörn Bäck, CEO of Echandia.

For further information, please contact:

Anders Nilsson, Head of Property Management, +46 (0) 76-881 40 75 or anders.nilsson@stendorren.se

Stendörren Fastigheter AB (publ)

Fastigheter AB (publ) is an expansive property company in logistics, warehouse and light industrial in Nordic growth regions. The company is listed on Nasdaq Stockholm Mid Cap. The business concept is to create profitable growth in net asset value. This is achieved through value-creating acquisitions, capitalising on the positive rental growth that follows the urbanisation of metropolitan regions and by developing existing assets, including the company's extensive and unique building rights portfolio.

For more information about Stendörren Fastigheter AB (publ), see www.stendorren.se.

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