An application was made – and approved – for Fabege’s shares to receive the Nasdaq Green Equity Designation. The green share transparently discloses the company’s climate impact, with the aim being to ensure visible information for investors seeking sustainable investments.
An agreement has been made between the City of Solna, AIK Fotboll and Fabege to provide AIK Fotboll with a new base in its home municipality of Solna. This involves a facility for the men’s team at Råstasjöns IP sports centre and a central meeting place for the entire club, including the women’s team and youth academy, at Skytteholms IP. At the same time, the City of Solna is making major investments in football activities in general in Solna.
The Swedish National Agency for Education chooses Fabege and Solna Business Park
Fabege has signed a new lease in Solna Business Park with the Swedish National Agency for Education covering 11,000 square metres, a reduction of 2,000 square metres. The agreement means that the Swedish National Agency for Education will continue to use the Fräsaren 12 property at Svetsarvägen 16. The new lease will enter into force on 1 October 2024 and last for six years.
Fabege has created a reuse hub in Solna Business Park. The reuse is scaled up by using a large physical warehouse and a digital marketplace. The aim is to create a functioning reuse market and reduce climate emissions for the property sector.
Fabege and Saab AB have signed a lease for approximately 66,000 sqm in the Nöten 4 property in Solna Strand. The agreement covers the entire property and is for over 10 years. The rental value amounts to SEK 155m excluding supplements. Occupancy is scheduled to commence in autumn 2025. The project is aiming for BREEAM In-Use certification, at the Excellent level or better.
During the period, we saw increased rental income, improved net operating income and a lower vacancy rate. Profit from property management slightly decreased mainly due to higher net interest items. Unrealised changes in value amounted to SEK -5.4bn due to higher yield requirements.
GRESB (Global Real Estate Sustainability Benchmark) produces an annual ranking of the property sector from a sustainability perspective. In this year’s assessment, Fabege achieved 93 points in the management portfolio and 98 points in the project portfolio, out of a possible 100 for each part. Fabege therefore receives the highest rating, 5 stars, and is placed in first place in the office sector among listed real estate companies in northern Europe.
The Nomination Committee consists of the following members:
· Göran Hellström, Chairman and representative for Backahill AB.
· Haavard Rønning, representative for Geveran.
· Johannes Wingborg, representative for Länsförsäkringar Funds
· Katarina Hammar, representative for Nordea Funds.
Invitation to Fabege’s presentation of the Interim Report Jan-Sep 202
On Thursday 19 October 2023 at 07:30 am (CET), Fabege’s Interim Report January-September 2023 will be published. Investors, analysts, journalists, and other stakeholders are invited to participate in an audiocast and teleconference at 10:30 am (CET) the same day.