Tomteboda

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Obligo

Real Estate

Tomteboda - Transformation of a ~85k sqm industrial asset to a modern and flexible asset

Sector: Office/industrial

Location: Solna, Sweden

Opportunity & Background

~85k sqm vacant industrial asset located just outside Stockholm after PostNord vacated the entire asset in 2015

Strong leasing market in central Stockholm putting pressure on rents in the outskirts offices areas

Business Plan & Execution

Re-zone and convert industrial areas with low rent potential to higher value office areas

Utilize the ceiling heights of the industrial areas to create unique premises as well as mezzanine space

Proactive marketing efforts to attract new tenants

Value enhancing projects to increase the asset’s attractiveness, including new services functions

Results

Signed 30Y lease with SL for ~29k sqm; 40% uplift in rent per sqm; minor investments (tenant invested SEK ~1.1 billion)

Signed ~17k sqm office with 2 other gov. tenants; premises converted to modern office at high rents

Additional ~14k sqm signed with other government related tenants

Signed ~12k sqm office with several innovation companies like Northvolt, Polarium and Valneva

Sector: Office/industrial

Location: Solna, Sweden

Opportunity & Background

~85k sqm vacant industrial asset located just outside Stockholm after PostNord vacated the entire asset in 2015

Strong leasing market in central Stockholm putting pressure on rents in the outskirts offices areas

Business Plan & Execution

Re-zone and convert industrial areas with low rent potential to higher value office areas

Utilize the ceiling heights of the industrial areas to create unique premises as well as mezzanine space

Proactive marketing efforts to attract new tenants

Value enhancing projects to increase the asset’s attractiveness, including new services functions

Results

Signed 30Y lease with SL for ~29k sqm; 40% uplift in rent per sqm; minor investments (tenant invested SEK ~1.1 billion)

Signed ~17k sqm office with 2 other gov. tenants; premises converted to modern office at high rents

Additional ~14k sqm signed with other government related tenants

Signed ~12k sqm office with several innovation companies like Northvolt, Polarium and Valneva

Opportunity & Background

~85k sqm vacant industrial asset located just outside Stockholm after PostNord vacated the entire asset in 2015

Strong leasing market in central Stockholm putting pressure on rents in the outskirts offices areas

Business Plan & Execution

Re-zone and convert industrial areas with low rent potential to higher value office areas

Utilize the ceiling heights of the industrial areas to create unique premises as well as mezzanine space

Proactive marketing efforts to attract new tenants

Value enhancing projects to increase the asset’s attractiveness, including new services functions

Results

Signed 30Y lease with SL for ~29k sqm; 40% uplift in rent per sqm; minor investments (tenant invested SEK ~1.1 billion)

Signed ~17k sqm office with 2 other gov. tenants; premises converted to modern office at high rents

Additional ~14k sqm signed with other government related tenants

Signed ~12k sqm office with several innovation companies like Northvolt, Polarium and Valneva

No items found.

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Obligo

Real Estate

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Triangelgården

Gjerpensgate

Sågen 4

Obligo

Real Estate

Tomteboda - Transformation of a ~85k sqm industrial asset to a modern and flexible asset

Sector: Office/industrial

Location: Solna, Sweden

Opportunity & Background

~85k sqm vacant industrial asset located just outside Stockholm after PostNord vacated the entire asset in 2015

Strong leasing market in central Stockholm putting pressure on rents in the outskirts offices areas

Business Plan & Execution

Re-zone and convert industrial areas with low rent potential to higher value office areas

Utilize the ceiling heights of the industrial areas to create unique premises as well as mezzanine space

Proactive marketing efforts to attract new tenants

Value enhancing projects to increase the asset’s attractiveness, including new services functions

Results

Signed 30Y lease with SL for ~29k sqm; 40% uplift in rent per sqm; minor investments (tenant invested SEK ~1.1 billion)

Signed ~17k sqm office with 2 other gov. tenants; premises converted to modern office at high rents

Additional ~14k sqm signed with other government related tenants

Signed ~12k sqm office with several innovation companies like Northvolt, Polarium and Valneva

No items found.

More case studies from

Obligo

Real Estate

See all case studies

14.1.2025

Triangelgården

14.1.2025

Gjerpensgate

14.1.2025

Sågen 4

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