Orexo's lease includes offices, production and laboratory facilities. Orexo will start the process of moving in at the beginning of January 2007, which will continue for the rest of the year.
Orexo is a rapidly-growing company which has been based in Uppsala since the start in 1995. The move to Uppsala Business Park means that Orexo will become established in customised premises in an expansive and creative environment with good communications. Other Life Science companies in the area include for example AMO, Fresenius Kabi, Biovitrum, GE-Biacore, Phadia and Kemwell.
"The letting to Orexo is the largest of the nine leases entered into since Klövern took over the property Fyrislund 6:6 in May this year. Uppsala Business Park is on its way to becoming established as one of the leading Life Science centres in the Nordic area", says Klövern's CEO Gustaf Hermelin.
"Orexo has grown rapidly in recent years. To be able to continue to expand successfully, we must have premises that serve their purpose, which we now have in Uppsala Business Park", says Zsolt Lavotha, President and CEO of Orexo AB.
Nyköping, 4 December 2006
Klövern AB (publ)
For further information, please contact:
Gustaf Hermelin, CEO, tel +46-(0)155-44 33 10, +46-(0)70-560 00 00, firstname.lastname@example.org
Anders Lundquist, CFO, tel +46-(0)155-44 33 20, +46-(0)70-528 43 33, email@example.com
Britt-Marie Einar, Corporate Communications Officer, tel +46-(0)155-44 33 12, +46-(0)70-224 29 35,
Klövern is a real estate company with a local presence that actively develops properties in large Swedish cities. Klövern has geographical units in twelve markets: Borås, Eskilstuna, Kalmar, Karlstad, Kista, Linköping, Norrköping, Nyköping, Täby, Uppsala, Västerås and Örebro. As at 20 November 2006, the value of the properties totals approximately SEK 10.6 billion and the rental income on an annual basis was approximately SEK 1.1 billion. The Klövern share is listed on Stockholmsbörsen's Nordic list for medium-sized companies.
Klövern AB (publ), Box 1024, SE-611 29 Nyköping, Sweden. Tel +46-155-44 33 00, Fax +46-155-44 33 22.
Corporate registration no. 556482-5833. Registered office: Nyköping. Website: www.klovern.se