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Multimillion investment in new life science initiative on Solna Campus

Wednesday, 19 January 2022

Fysiologen på Campus Solna.

In just a short time, the Solna Campus and neighbouring Hagastaden have developed into one of the strongest life science clusters in the world. In order to meet the strong demand from new businesses that want to become established on the campus, Akademiska Hus is now investing over SEK 160 million in remodelling the Fysiologen building into ultramodern office space and lab facilities.

The Solna Campus is an important part of the growing Hagastaden neighbourhood. The campus, which links Stockholm and Solna, is developing into a living neighbourhood with housing, shopping, underground, culture and parks. The community, university and industry are also joining forces to create the hub for Greater Stockholm’s life science cluster with a focus on research and science aimed at improving life.

Working in close collaboration with Karolinska Institutet, Akademiska Hus is opening up the Solna Campus to new participators with a link to medicine and health. As part of this effort, Akademiska Hus is now investing over SEK 160 million in converting the approximately 8,000 m2 Fysiologen building into a modern, attractive office and lab environment. A café will also be created here and tenants will have access to common spaces and services such as meeting rooms, lounge areas, bicycle storage, locker rooms, pantry, an auditorium and a reception area. Sharing certain spaces contributes to more efficient and flexible space and resource utilisation both in the building and on campus.

“The Fysiologen building has great potential to become a new central meeting place for the exchange of knowledge, development and innovation within the life sciences. With its strategic location in the heart of the campus, the building has a direct connection to Karolinska Institutet, as well as proximity to an array of other authorities, businesses and organisations – all linked to education and research in health and medicine. In addition, access to the new underground line will be located approximately 150 metres from the Fysiologen building, when the expansion of public transport is completed,” says Magnus Huss, Market Area Director at Akademiska Hus.

Earlier investments of SEK 500 million

When Karolinska Institutet moved parts of its operations to the Biomedicum experimental research laboratory in 2018, a unique vacancy arose that offers an opportunity for new businesses to open on the campus. In addition to the investment in remodelling the Fysiologen building, since then Akademiska Hus has invested approximately SEK 500 million in three other renovation projects on the Solna Campus. All of these initiatives focus on office and lab environments for tenants in the life sciences, where all spaces are already fully leased or are expected to be leased in 2022 – confirmation of the strong interest in moving operations to the campus.

The remodelling of the Fysiologen building is expected to begin in February 2022, with occupancy planned in phases over the course of 2023.