Axis Acquired Two New Properties in Lund

Axis Communications signed an agreement to acquire the properties of Lundaporten and the Edison 1 and 2 buildings, located next to Axis HQ building in Lund, Sweden.

In total, the properties are 51,000 square meters. The purpose of the acquisition is that Axis sees Lund and Ideon Science Park as an important hub for continued growth.

The company currently has around 3,000 employees in Lund. The new premises will enable it to employ more workers, primarily in the development and research department.

Axis previously rented about 70 percent of the space in these properties. The official handover took place on May 31, followed by the renovation and adaptation of the premises.