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Press release

Stendörren Fastigheter AB: Stendörren signs a 3 year lease agreement in Upplands-Väsby for approximately 3,000 square meters

Stendörren Fastigheter

Press release

December 13, 2024

Stendörren Fastigheter AB (publ) has entered into a 3-year lease agreement with Smista Bil AB in the property Grimsta 60:2 in Upplands-Väsby, Stockholm. The agreement covers premises of approximately 3,000 square meters and represents an annual net operating income of approximately SEK 4.1 million. Smista Bil AB will conduct car sales and related operations in the premises and possession is planned to take place on March 1, 2025.

"By combining the right location with the right operations, we create long-term value for both parties. We are pleased to sign yet another lease in the Stockholm area and warmly welcome Smista Bil to our premises", says Anders Nilsson, Head of Property Management at Stendörren.

"These premises suit our operations very well, and the location right by the E4, close to both Stockholm and Infra City, is highly advantageous. We look forward to moving in", says Tony Jomha, CEO and owner of Smista Bil.

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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