Atrium Ljungberg reports stable quarter and historic deal
Rental income increased by 6.2% to SEK 770 million, and Ericsson leases 58,000 sqm with 15-year agreements.
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Swedish urban real estate developer
al.seLast updated
In short: Atrium Ljungberg secured Sweden's largest-ever office lease with Ericsson and advanced its record-breaking Stockholm Wood City project.
Rental income increased by 6.2% to SEK 770 million, and Ericsson leases 58,000 sqm with 15-year agreements.
The world's largest wooden city district will be added to the neighborhood with its unique blend of old and new.
The interview concerns the agreement with Ericsson, the strategy, location importance, and stock recovery.
Strategy for growth, financial targets and the Ericsson deal were presented.
Rising from a 250,000 square meter site in southeast Stockholm, this record-breaking all-timber development is rewriting the rules of urban construction at a scale the...
STOCKHOLM (News Agency Direct) Handelsbanken Capital Markets raises the target price for Atrium Ljungberg to 40 kronor from 36 kronor. The buy recommendation is repeated. It appears from an analysis...
Real estate company Atrium Ljungberg's business area manager Andreas Wik has bought 90,000 shares in the company for a value of approximately 2.5 million kronor.
Atrium Ljungberg AB (STU:A1A0) reports a strong quarter with significant rental income growth and a historic leasing transaction, despite facing occupancy and cost challenges.
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