News Release

Carlyle Secures Over 30 000 sq m of New Lettings in the Nordics

2009-048

Stockholm - Global private equity firm, The Carlyle Group (“Carlyle”), announces the completion of over 30,000 sq m of lettings in the Nordic region. In addition to the recently announced 6,000 sq m letting at its office development at Startboxen, Stockholm, and despite a challenging rental market, Carlyle has secured further lettings of approximately 10,000 sq m in Denmark and 16 000 sq m in Finland.


In its Sankt. Petri Passage building on Nørregade in Copenhagen, Denmark, Carlyle has let 10,000 sq m to the law firm, Bruun & Hjejle (8,200 sq m), and the German school, Sankt Petri Schule (1,700 sq m).


In Finland, Carlyle has also secured new tenants for 16 000 sq m of space across several of its buildings in Helsinki. Together with the lettings in Startboxen at Järva Krog in Stockholm, the new lettings in Finland and Denmark means that Carlyle has secured lettings of over 30 000 sq m in the Nordic region.


Anders Hörnqvist, Property Director, Carlyle Europe Real Estate, said: “We are very pleased to have secured these new lettings as they underline our belief in the Nordic region and the quality of our assets. The success of our projects depends, to a large extent, on our experience in real estate development and our ability to identify opportunities in a challenging rental market.”


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