The year started well, with growth in both rental income and net operating income. This, together with a positive contribution from residential development, resulted in an increase in income from property management of almost 30 per cent. Net letting amounted to SEK 24m (6), including project letting of SEK 15m.

At Fabege AB’s Annual General Meeting on 16 April 2026, the meeting adopted the Board’s proposed dividend for 2025 of SEK 2.20 per share, to be paid on four occasions (SEK 0.55 per share on each occasion). It was resolved that the record date for dividends be 20 April 2026, 14 July 2026, 13 October 2026 and 12 January 2027. Payment from Euroclear Sweden AB is expected to be made on 23 April 2026, 17 July 2026, 16 October 2026 and 15 January 2027.

On Thursday 23 April 2026 at 07:30 (CET), Fabege’s interim report Jan-Mar 2026 will be published. Investors, analysts and other stakeholders are invited to participate in an audiocast and teleconference at 09:00 (CET) the same day.

Shareholders of Fabege AB (publ) are hereby invited to attend the Annual General Meeting on Thursday 16 April 2026. The Annual General Meeting will be held at 16:00 CET at Scenen Konferens, Englundavägen 5B, Solna. Registration for the Annual General Meeting will begin at 15:15 CET.

Ahead of the Annual General Meeting of Fabege AB (publ) on 16 April 2026, the Nomination Committee hereby presents its proposal regarding the Chair of the Board and other Board members.

On Thursday 5 February 2026 at 07:30 (CET), Fabege’s Year-end report 2025 will be published. Investors, analysts and other stakeholders are invited to participate in an audiocast and teleconference at 10:00 (CET) the same day.

Tomas Eriksson is leaving Fabege's board of directors with immediate effect after accepting an assignment in a competing business.

Fabege enters its third year as a Green Equity on Nasdaq Stockholm, following S&P Global Ratings’ annual and independent assessment of the company’s sustainability performance. The green designation serves as evidence that a significant share of Fabege’s revenue and investments is derived from green activities.

Investors, analysts and other stakeholders are invited to participate in an audiocast and teleconference on Thursday 18 December 2025 at 10:00 (CET).

Fabege has been a recurring issuer on the capital market for a long time, with its issuing of both certificates and bonds. Fabege's strong balance sheet, with a high equity/assets ratio and a low loan-to-value ratio, confirms our stable financial position.

The board of directors of Fabege has appointed Bent Oustad as the new President and CEO. He is currently CEO of the Oslo-based real estate company Norwegian Property ASA and has been a board member of Fabege since 2024. Bent Oustad will take office on December 1, 2025.

On Tuesday 21 October 2025 at 07:30 (CET), Fabege’s interim report Jan-Oct 2025 will be published. Investors, analysts, journalists, and other stakeholders are invited to participate in an audiocast and teleconference at 10:30 (CET) the same day.

GRESB (Global Real Estate Sustainability Benchmark) annually ranks the real estate sector from a sustainability perspective. In the 2025 edition of the ESG evaluation GRESB, Fabege once again achieves a top result.

Fabege is selling 7,800 square metres of development rights in part of the Paradiset 23 property in Stadshagen to Besqab. The purchase price is SEK 200 million and will be paid in cash.

Rental income totalled SEK 1,717m (1,731). Net operating income declined slightly, while residential development made a positive contribution. The surplus ratio was consistent with our expectations. Interest expenses decreased slightly. Profit from property management remained virtually unchanged at SEK 657m (659). Overall, a stable result in a persistently weak market, with a focus on lettings and the day-to-day running of our properties.

On Monday 7 July 2025 at 07:30 (CET), Fabege’s interim report Jan-Jun 2025 will be published. Investors, analysts, journalists, and other stakeholders are invited to participate in an audiocast and teleconference at 10:30 (CET) the same day.

Fabege is publishing the annual update of the basic prospectus for its MTN programme.

Fabege's sustainability work has been well-integrated into our business model and overall strategy for a long time. Our sustainability targets are based on the UN Sustainable Development Goals (SDGs), among which we have identified the most material issues relating to our business activities and their impact on the environment and society. In addition to properties and city districts, our ambitious targets also cover employees, customers and suppliers. In this context, sustainable financing is also an important policy tool.

At Fabege AB’s Annual General Meeting on 23 April 2025, the meeting fixed the Board’s dividend proposal for 2024 at SEK 2.00 per share, to be paid on four occasions (SEK 0.50 per share on each occasion). Furthermore, it was decided that the record date for receiving the dividend will be 25 April 2025, 14 July 2025, 13 October 2025 and 12 January 2026, which means that payment is expected to be issued by Euroclear Sweden AB on on 30 April 2025, 17 July 2025, 16 October 2025 and on 15 January 2026.

Positive net letting but a slightly lower occupancy rate, stable net interest income and negative changes in value in the property portfolio resulted in a negative result after tax.

On Monday 14 April 2025 at 07:30 (CET), Fabege’s interim report Jan-Mar 2025 will be published. Investors, analysts, journalists, and other stakeholders are invited to participate in an audiocast and teleconference at 10:30 (CET) the same day

Shareholders of Fabege AB (publ) are hereby invited to attend the Annual General Meeting on Wednesday 23 April 2025. The Annual General Meeting will be held at 3:00 pm at Scenen Konferens, Englundavägen 5B, Solna. Registration for the Annual General Meeting will begin at 2:15 pm.

Fabege and Atea have signed a lease agreement for just over 3,200 sqm in Ackordet 1, Arenastaden/Haga Norra. The agreement runs for 10 years and has an annual rental value of SEK 13m. Occupancy is scheduled to commence in April 2026.

Fabege's Swedish and English Annual Report for 2024 is available on our website fabege.com (http://file:///C:/Users/peterk/AppData/Local/Microsoft/Windows/INetCache/Content.Outlook/RCG6F8BY/fabege.com) from today.

Ahead of the Annual General Meeting of Fabege AB (publ) on April 23, 2025, the Nominating Committee is hereby publishing its proposal regarding the Board Chair and other Board Members. 

Fabege intends to, after the municipal board meeting in Solna on February 17, sign a letter of intent with the City of Solna for the sale of the property, Solna Hörnan 1. Access to the property will take place no later than September 1, 2028.

The operating surplus increased slightly, while interest costs were in line with the previous year. Unrealized value changes in the property portfolio turned slightly positive in the second half of the year. The profit before and after tax thus increased in comparison with the previous year.

Stefan Dahlbo, who has been CEO of Fabege since September 2019, has decided to retire by the end of 2025 at the latest.

Fabege has signed a lease agreement with SBAB Bank (publ) for approximately 5,100 sqm in the Barnhusväderkvarnen 36 property at Drottninggatan 89, inner city Stockholm. Occupancy is scheduled to take place in April 2026 and the agreement has a duration of 8 years.

On Thursday 6 February 2025 at 12:00 (CET), Fabege’s Year-end report 2024 will be published. Investors, analysts, journalists, and other stakeholders are invited to participate in an audiocast and teleconference at 15:30 (CET) the same day.

Fabege has signed an agreement with Stadsrum Fastigheter for the sale of the Ynglingen 10 property in Östermalm, Stockholm. The sale is being made via companies for an underlying property value of SEK 960m before deductions for deferred tax.

In June 2024 Moody´s affirmed Fabege rating Baa2 with negative outlook. Moody´s has now affirmed the rating, i.e Baa2, but with changed outlook from negative to stable.

Fabege's share continues to meet the requirement for the quality seal 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. 

The Nominating Committee consists of the following members:

Rental income and the operating surplus improved in comparison with the previous year.  The value changes turned positive during the third quarter. Overall, this meant that earnings before and after tax improved significantly.

GRESB (Global Real Estate Sustainability Benchmark) annually ranks the real estate sector from a sustainability perspective. In the 2024 edition of the ESG evaluation GRESB, Fabege achieves its best result ever.

On Tuesday 22 October 2024 at 07:30 (CET), Fabege’s interim report Jan-Sep 2024 will be published. Investors, analysts, journalists, and other stakeholders are invited to participate in an audiocast and teleconference at 10:30 (CET) the same day.

Increased rental income and improved net operating income were offset by higher interest expenses. Lower negative value changes in the property portfolio meant that results before and after tax improved significantly.

In November 2023 Moody´s affirmed Fabege rating Baa2 with negative outlook. Moody´s has now affirmed unchanged rating, i.e Baa2, negative outlook.

On Friday 5 July 2024 at 07:00 (CET), Fabege’s interim report Jan-Jun 2024 will be published. Investors, analysts, journalists, and other stakeholders are invited to participate in an audiocast and teleconference at 10:30 (CET) the same day

Fabege is publishing the annual update of the basic prospectus for its MTN programme.

Fabege and Telia have agreed on certain changes in their lease agreement, which mean that Telia will reduce its leased area. The rent level is adjusted and the agreement extended for a further 9 months until 31 December 2031. The new agreement enters into force on 1 October 2024.

Increased rental income and improved net operating income wre met by higher interest costs. Continued increased yield requirement led to unrealised changes in value amounting to SEK -1,381m. Net lettings were negative, SEK -36m but new leases continue to be signed at good levels and a a large proportions of leases thar are renegotiated are extended on existing terms.

Fabege has signed an agreement with the domestic appliances company BSH Home Appliances AB regarding a new office and showroom for its Bosch, Siemens, NEFF and Gaggenau brands in Solna Business Park. In total, the agreement is for just over 4,300 square metres of floorspace at the corner of Svetsarvägen. The agreement has a duration of 10 years.

 At Fabege AB’s Annual General Meeting on 9 April 2024, the meeting fixed the Board’s dividend proposal for 2023 at SEK 1.80 per share, to be paid on four occasions (SEK 0.45 per share on each occasion). Furthermore, it was decided that the record date for receiving the dividend will be 11 April 2024, 2 July 2024, 4 October 2024 and 8 January 2025, which means that payment is expected to be issued by Euroclear Sweden AB on on 16 April 2024, 5 July 2024, 9 October 2024 and on 13 January 202.

Read more about our activities in the Annual and Sustainability Report for 2023.

Shareholders of Fabege AB (publ) are hereby invited to attend the Annual General Meeting on Tuesday 9 April 2024. The Annual General Meeting will be held at 3:00 pm at Filmstaden Scandinavia, Westfield Mall of Scandinavia, Salong 2, Råsta Strandväg 19A, Solna, Sweden. Registration for the Annual General Meeting begins at 2:15 pm

Ahead of the Annual General Meeting of Fabege AB (publ) on 9 April 2024, the Nominating Committee is hereby publishing its proposal regarding the Board Chair and other Board Members. 

Flemingsberg is home to one of Sweden’s largest campuses, with five universities and colleges and almost 20,000 students. One of Sweden’s biggest urban development projects is taking place here. The development plans for Flemingsberg include collaboration between the business world, academia, civil society and the public sector, all with the aim of strengthening the student city Flemingsberg.

2023 ended with increased rental income, improved operating income, strengthened surplus ratio and improved management result. Net letting amounted to SEK 165m, one of the strongest ever for Fabege. Higher interest costs and negative value changes in the property portfolio meant that the result after tax decreased compared to the previous year.

Fabege has signed a lease agreement with the infrastructure consultancy Bengt Dahlgren Stockholm AB for approximately 2,250 square metres of office space in Hammarby Sjöstad. Occupancy is scheduled to commence on 31 January 2025 and the agreement has a duration of 6 years. The property Påsen 1, which has the concept name Textiltorget, is being carefully renovated and will be certified according to BREEAM-SE Bespoke with the Excellent level.

Growing expectations for a sustainable and flexible work life also open opportunities for employers to create inclusive workplaces that make their business more competitive. This requires upgrading the traditional office so that more employee needs can be met. These are the results of a new AI study carried out on behalf of the property companies Wihlborgs, Fabege and Diös.

On Wednesday 7 February 2024 at 12:00 (CET), Fabege’s Year-end report 2023 will be published. Investors, analysts, journalists, and other stakeholders are invited to participate in an audiocast and teleconference at 15:30 (CET) the same day.

The next step is now being taken in the development of Haga Norra in Arenastaden, Solna. Via Birger Bostad, Fabege’s wholly-owned subsidiary, construction is set to start on 285 homes in the area’s third residential neighbourhood. A mix of workplaces, housing, retail, restaurants and communal spaces creates a vibrant city district for everyone who lives in, works in and visits Haga Norra.

Mia Häggström will become a member of Fabege's Executive Management Team on 1 January 2024.

The next phase in the development of Arenastaden, in a prime location in the area, has now been made possible. The local development plan for the Cairo and Farao blocks, which has now entered legally into force, contains about 185 homes and about 77,000 sqm of GFA, equating to about 65,000 sqm of office space, all linked by vibrant and green urban spaces.

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.

In November 2022 Moody´s affirmed Fabege rating Baa2 but changed outlook from stable to negative. Moody´s has now affirmed unchanged rating, i.e Baa2, negative outlook.

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.

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.

As informed on June 27[th] 2023 Fabege has signed a letter of intent regarding the letting of all floor space, approximately 66,000 sqm, in the property Nöten 4 located in Solna Strand.

Fabege has signed an agreement with Nrep to sell the properties Orgeln 7 in Sundbyberg and Glädjen 12, Stadshagen, in a transaction worth SEK 3.4bn. The properties will be taken over by the buyer in early October.

During the period, we saw increased rental income, improved net operating income and a lower vacancy rate. Net lettings amounted to SEK 22m and new leases continue to be signed at good levels. The yield requirement increased by 0.18 percentage points and unrealised changes in value amounted to SEK -3,824m.

Fabege and Miele have signed a lease for just over 1,600 sqm in the Smeden 1 office property in Solna Business Park. The lease is for 8 years and occupancy is scheduled for 15 April 2024.

The letter of intent covers the letting of all floor space in the property Nöten 4, which is located in Solna Strand.

On Friday 7 July 2023 at 07:30 am (CET), Fabege’s Interim Report January-June 2023 will be published. Investors, analysts, journalists, and other stakeholders are invited to participate in an audiocast and teleconference at 11:00 am (CET) the same day.

Fabege is publishing the annual update of the basic prospectus for its MTN programme.

Fabege has signed three lease agreements with Coor covering a total of approximately 4,500 square metres in the Kvarter 1 office project (Ackordet 1 property). Coor has also been given the task of providing service and comfort functions to tenants and visitors.

Flemingsberg Block Party is a festival featuring live music, street art, dance and a host of other activities in central Flemingsberg on 15–17 June. Over the course of three days, the area under Regulator Bridge and in Ebba Bååts Square will be buzzing with a rich programme put together by young, local creators and experienced festival organisers. Acclaimed live artists such as Amena, Mohelá, Emilia Pantic and Galleriet will share the stage with upcoming local bands such as Suspiria and Brännbart.

On 15-17 June, Flemingsberg Block Party will take place in the centre of Flemingsberg, featuring music, art, dance and numerous other activities. The festival is being organised by the urban developer Fabege, Huddinge Municipality and Södertörn University, together with local associations and festival organisers.

Increased rental income, improved net operating income and a lower vacancy rate. Net lettings of SEK 12m were slightly negative but new leases are still being signed at good levels. The yield requirement increased by 0.12 percentage points, which led to unrealised changes in value amounting to SEK -2,110m.

On Wednesday 26 April 2023 at 07:30 am (CET), Fabege’s Interim Report January-Mars 2023 will be published. Investors, analysts, journalists, and other stakeholders are invited to participate in an audiocast and teleconference at 13:00 (CET) the same day.

At Fabege AB’s Annual General Meeting on 29 March 2023, the meeting fixed the Board’s dividend proposal for 2022 at SEK 2.40 per share, to be paid on four occasions (SEK 0.60 per share on each occasion). Furthermore, it was decided that the record date for receiving the dividend will be 31 March 2023, 30 June 2023, 2 October 2023 and 8 January 2024, which means that payment is expected to be issued by Euroclear Sweden AB on on 5 April 2023, 5 July 2023, 5 October 2023 and on 11 January 2024.

Fabege and Randstad have signed a lease agreement for just over 3,200 sqm in the Kvarter 1, Ackordet 1 office project in Haga Norra. The agreement is for seven years, and occupancy is scheduled to commence on 1 March 2025. The property is being certified to the BREEAM-SE Excellent standard.

We can look back on a strong year that was also fringed by some challenges, but we have handled it in a good way. During the year, we made some interesting acquisitions. We have also won awards for our sustainability work and, happily, our employees have never been happier.

We are extremely proud that Fabege has advanced to 20th place among Sweden’s Best Workplaces™ for medium-sized organisations in Great Place To Work’s annual employee survey. Fabege’s Trust Index has increased steadily in recent years and is now 87. We are particularly proud of the results given that the response rate was 100 per cent.

Shareholders of Fabege AB (publ) are hereby notified of the Annual General Meeting (AGM) to be held on Wednesday, 29 March 2023, at 3:00 pm at Filmstaden Scandinavia, Westfield Mall of Scandinavia, Salong 2, Råsta Strandväg 19A Solna. Registration for the AGM begins at 2:15 pm.

Fabege has signed an agreement with Stockholm Exergi concerning the capturing of biogenic carbon dioxide, which is known as bio-CCS (carbon capture and storage) and the future purchasing of negative emissions. The memorandum of understanding is an important step towards achieving Fabege's 2030 climate goals. 

Increased rental income, improved net operating income and positive net lettings during all four quarters in 2022. Higher interest expenses and negative changes in value in the property portfolio during the fourth quarter meant that profit before tax decreased compared to the previous year.

Fabege sells development rights to JM. The development rights are located in Huvudsta in Solna and consist of four residential projects.

Fabege and JM have signed a lease agreement for 6,526 sqm in the office project Kvarter 1, property Ackordet 1. The lease is for 6 years, with an annual rent of almost SEK 25m excluding supplements. JM is expected to move in during the third quarter of 2024.

On Monday 6 February 2023 at 12:00 (CET), Fabege’s Year-end report 2022 will be published. Investors, analysts, journalists, and other stakeholders are invited to participate in an audiocast and teleconference at 15:30 (CET) the same day.

Fabege has signed three lease agreements covering 3,761 sqm in the Sliparen 2 property in Solna Business Park. HSB will lease 2,601 sqm of office space, Coor will lease 947 sqm of conference space and Nordrest will lease 213 sqm of café space. All three agreements are for a period of 5 years and are expected to start in the third quarter of 2023.

In light of the rising market interest rates and the risk of the interest coverage ratio deteriorating, Moody's has decided to change the outlook from stable to negative.

Hållbarhetshuset (Sustainability House), the first pilot building in the Återhus – att bygga hus av hus (Re-building – constructing buildings from buildings) project, has now been completed in the new Haga Norra urban district in Arenastaden. The building is made of about 70 per cent reused material and is a pioneer of its kind. The lessons learned from the project will enable Fabege to scale up reuse in its project activities and contribute new knowledge to the property sector.

The period showed positive net lettings and value increases in the property portfolio. In an identical property portfolio, income increased with about 5 per cent.

GRESB (Global Real Estate Sustainability Benchmark) produces an annual ranking of the property sector from a sustainability perspective. In this year’s survey, Fabege rose to 94 points out of 100, which means that the company is ranked highest in the Office sector in the category of listed real estate companies in northern Europe. The average score in the survey was 73 points.

On Thursday 20 October 2022 at 07:30 (CET), Fabege’s Interim Report January-September 2022 will be published. Investors, analysts, journalists, and other stakeholders are invited to participate in an audiocast and teleconference at 11:00 am (CET) the same day.  

The Nomination Committee consists of the following members:

Nordiska Investeringsbanken (NIB) and Fabege have agreed on a 10-year loan of SEK 432.5 million to finance Scandinavia’s first zero-energy hotel in Arenastaden, Solna, just outside Stockholm.

A new comprehensive travel survey shows that the vast majority of people who work in Arenastaden travel to the area in an emission-efficient way, using public transport, bicycle, walking, rechargeable car, moped or electric scooter. The proportion of chargeable cars has increased by 22% since the 2019 survey. Despite these high figures, the companies and employees in Arenastaden still want to further increase the share of sustainable travel.

Fabege AB (publ) has started the share buy-back programme approved by the Annual General Meeting on 29 March 2022. The AGM authorised the Board for a period no later than the next AGM to acquire Fabege shares. The shares acquired may not exceed 10 per cent of the total number of outstanding Fabege shares at any time.

The second quarter showed good activity in the rental market, positive net lettings and value increases in the property portfolio. The projects are proceeding according to plan and two were completed during the period.

On Friday 8 July 2022 at 07:00 (CET), Fabege’s Interim Report January-June 2022 will be published. Investors, analysts, journalists, and other interested parties are invited to participate in an audiocast and teleconference at 11:00 am (CET) the same day.

Niclas Sylvén has been appointed as Head of finance at Fabege. He most recently came from a similar role as interim head of finance at Humlegården.

 Fabege is publishing the annual update of the basic prospectus for its MTN programme. In this context, the Green Financing Framework has also been updated. The framework constitutes a standard for green financing that can be used with a number of Fabege’s various sources of funding. CICERO has issued a second opinion on the green framework.

Fabege and CGI, a global provider of IT and business process services, have signed lease agreements for two new offices. One is in Solna Business Park and has about 4,200 sqm of floorspace, and the other is in the Glädjen area of Västra Kungsholmen and has about 1,300 sqm of floorspace. The lease agreements are for seven years and handover is scheduled to take place in March 2023 in Kungsholmen and in October 2023 in Solna Business Park.

Scandinavia’s first zero-energy hotel, also the hotel with the world’s biggest concentration of solar panels, has won the City of Solna Environmental Award 2022. Some 25 geothermal energy boreholes, along with a total of around 2,400 square metres of solar panels on the facade and roof, enable the production of more energy than is needed to run the property. In the long term, this means net-zero carbon dioxide emissions per square metre for the building.

Fabege AB (publ) has started the share buy-back programme approved by the Annual General Meeting on 29 March 2022. The AGM authorised the Board for a period no later than the next AGM to acquire Fabege shares. The shares acquired may not exceed 10 per cent of the total number of outstanding Fabege shares at any time.

The year began strongly with continued good activity in the rental market, positive net lettings and value increases in the property portfolio. The projects are proceeding according to plan and two new projects were started during the period. Two acquisitions were completed made on the south side of Stockholm.

The artist Karen Froede has created over 30 public works around Sweden in the last 10 years. In her work LAUNCH OF RE, that is part of the Street Gallery art initiative, she reflects upon the various expressions and consequences of the culture of plastic. 

On Tuesday 26 April 2022 at 07:30 (CET), Fabege’s Interim Report January-March 2022 will be published. Investors, analysts, journalists, and other interested parties are invited to participate in an audiocast and teleconference at 11:30 am (CET) the same day.

Fabege acquires the property Kabelverket 2 in Älvsjö from Revelop. It consists of four office buildings with a floor space of approximately 22,000 sqm. These were built for Ericsson in 1996 but are now fully let to other tenants. The property also includes an older building from 1917 and future project opportunities in a currently ongoing land development plan. The purchase price before deduction of deferred tax amounts to SEK 812m and the annual rental income is approximately SEK 50m. The transfer of ownership will occur on 30 April 2022.

The vision for Sveaplan is to create a new office building that allows the city’s northern entry point to develop further while taking the existing cultural environment into account. The City of Stockholm and Fabege have carried out parallel drafting assignments and have now awarded the architectural firm Tham & Videgård the task of combining traditional inner city neighbourhoods with new and forward-looking architecture on Fabege’s land allocation at Sveaplan.

At Fabege AB’s Annual General Meeting on 29 March 2022, the meeting fixed the Board’s dividend proposal for 2021 at SEK 4.00 per share, to be paid on four occasions (SEK 1.00 per share on each occasion). Furthermore, it was decided that the record date for receiving the dividend will be 31 March 2022, 1 July 2022, 3 October 2022 and 9 January 2023, which means that payment is expected to be issued by Euroclear Sweden AB on on 5 April 2022, 6 July 2022, 6 October 2022 and on 12 January 2023.

2021 was another strong year for Fabege. During the year, the company completed, among other things, the largest office lease in Sweden and a strategic acquisition of SHH Bostad. At the turn of the year, Fabege had 94 properties with a total of 1,247,000 sq.m. of lettable area, valued at more than SEK 83.3 billion. The Board proposes an increased dividend of 11 percent to SEK 4.00 / share

Henrik Bauer has been appointed Head of Transactions at Fabege. He comes most recently from a role as Investment Manager at NCC Property Development and previously also worked at Newsec and JLL.

Shareholders of Fabege AB (publ) are hereby notified of the Annual General Meeting (AGM) to be held on Thursday, 29 March 2022, at 3:00 pm at Filmstaden Scandinavia, Westfield Mall of Scandinavia, Salong 2, Råsta Strandväg 19A Solna. Registration for the AGM begins at 2:15 pm.

Ahead of the Annual General Meeting of Fabege AB (publ) on 29 March 2022, the Nominating Committee is hereby publishing its proposal regarding the Board Chair and other Board Members. 

Since 2004, the Solar Energy Association of Sweden (Svensk Solenergi) has annually highlighted the industry’s most innovative ideas and achievements. The aims with this are to increase the focus on solar energy issues, to contribute to increased solar electricity and solar heating in Sweden, and to spread knowledge and arouse curiosity about the solar energy industry’s most spectacular projects.

Fabege AB (publ) has started the share buy-back programme approved by the Annual General Meeting on 25 March 2021. The AGM authorised the Board for a period no later than the next AGM to acquire Fabege shares. The shares acquired may not exceed 10 per cent of the total number of outstanding Fabege shares at any time.

Increased rental income, improved profit from property management and positive changes in value delivered strong earnings in 2021. Net lettings of SEK 162m was one of the best performances ever.

On Monday 7 February 2022 at 12:00 (CET), Fabege’s Interim Report January-September 2021 will be published. Investors, analysts, journalists, and other interested parties are invited to participate in an audiocast and teleconference at 15:00 (CET) the same day.  

Fabege is acquiring an additional development property from Skanska, with a central location in Flemingsberg. Generatorn 10 is situated in the heart of the future Stockholm South Business District, right next to the planned public transport hub north of Regulatorbron bridge. The acquisition brings the addition of approximately 35,000 sqm of commercial space.

At Drottninggatan 29, in the middle of the government quarter, Convendum is opening a new coworking arena of approximately 4,000 sqm. The central location and proximity to the major workplaces in the Swedish Government Offices have been crucial factors. The agreement is for ten years and Convendum will take possession in June 2023.

Fabege AB (publ) has started the share buy-back programme approved by the Annual General Meeting on 25 March 2021. The AGM authorised the Board for a period no later than the next AGM to acquire Fabege shares. The shares acquired may not exceed 10 per cent of the total number of outstanding Fabege shares at any time.

Fabege is now starting construction of the first office block in Haga Norra. This is a project with a strong environmental profile and architecture that flirts with an industrial feel by using recycled brick with patina, large mullioned windows and timeless material choices. Haga Norra Block 1 will be ready for occupancy in early 2024 and will provide approximately 31,500 sqm of office space spread over eight floors.

The Pep Park “100 metres Pep” in Huvudsta, Solna has been awarded the IOC IAKS Award in Bronze and has also received an additional award for its accessibility.

There was heightened activity on the rental market in the third quarter, and net lettings were very strong. The period saw an increase in rental income and improved net operating income compared with the previous year. Value growth in the property portfolio was healthy, while projects are progressing according to plan.

SHH is a real estate development company with a focus on residential and local authority properties. Fabege’s strategy of optimising the value of its residential development rights portfolio is thereby being reinforced by the company acquiring both expertise and more development rights in its home market of Stockholm. All the shares in SHH are being acquired for a purchase price of SEK 880m. As of 18 October, SHH will be a wholly owned subsidiary of Fabege.

On Wednesday 20 October 2021 at 07:30 (CET), Fabege’s Interim Report January-September 2021 will be published. Investors, analysts, journalists, and other interested parties are invited to participate in an audiocast and teleconference at 11:00 (CET) the same day.

The Nomination Committee consists of the following members: · Göran Hellström, Chairman and representative for Backahill AB. · Suzanne Sandler, representative for Handelsbanken funds. · Eva Gottfridsdotter-Nilsson, representative for Länsförsäkringar funds. · Mats Qviberg, representative for the Qviberg family.

Attaining the qualifications needed to get into upper secondary school is one of the most important factors in securing a better future in our modern knowledge-based society. Fabege has therefore signed an agreement with the educational foundation Läxhjälpen as a main sponsor, to help support more children in schools. The aim is to help more pupils achieve upper secondary school entrance qualifications and make personal contacts with university students.

Alfa Laval is to be Fabege’s first major new office tenant in Stockholm South Business District in Flemingsberg. The company will be leasing just over 17,000 sqm, with an option to lease additional office space in the heart of this urban centre for which the local development plan will be initiated shortly. The lease is for 22 years and Alfa Laval is expected to take up occupancy during the second quarter 2025.

Fabege is now strengthening its letting team and has recruited three letting agents, who will join the company this autumn. On 1 August, Johan Zachrisson also joined the company as the new Director of Business Development and Transactions, and as a member of the Executive Management Team.

On 18 August, Sanel Hasic will be assuming responsibility as Market Area Manager in Arenastaden, while Niclas Ternstål will be taking up a bespoke role in business development, tasked with continuing to run and develop Fabege’s range of solutions for customers.

The City of Stockholm has agreed to allocate the leasehold property Korphoppet 6 and adjacent Korphoppet 7 to Fabege. Both properties are part of the ongoing local development planning work for the Sjöstadshöjden area, which aims to connect Hammarby Sjöstad with Hammarbyhöjden.

Stable quarter with heightened activity on the rental market and good net lettings. Renegotiations also made a positive contribution towards the rental value in renegotiated leases at healthy levels. Value growth persisted in the property portfolio, while projects are progressing according to plan.

On Friday 9 July 2021 at 07:30 (CET), Fabege’s Interim Report January-June 2021 will be published. Investors, analysts, journalists, and other interested parties are invited to participate in an audiocast and teleconference at 11:00 (CET) the same day.

Fabege was the first Swedish property company to opt exclusively for green financing. Fabege is now embarking on the next step along with Handelsbanken, as the first to take out a taxonomy-adapted loan for the Signalen 3 property in Solna.

Fabege has signed an agreement with Elgiganten regarding moving to Franzéngatan 6 in the Glädjen district. The design and adaptation of modern office space, training facilities and a pleasant courtyard is now underway in consultation with Elgigantent. The agreement covers nearly 2,300 sqm and will run for seven years. The building will be ready for occupancy in September 2022.

Solna Business Park is now getting a colourful addition in the form of a new park. The aim with this is to highlight Agenda 2030 and the UN’s 17 Sustainable Development Goals and make them accessible to everyone. In addition, the park will contribute to there being more activity between the buildings and make Solna Business Park a new destination to visit.

Fabege AB (publ) has started the share buy-back programme approved by the Annual General Meeting on 25 March 2021. The AGM authorised the Board for a period no later than the next AGM to acquire Fabege shares. The shares acquired may not exceed 10 per cent of the total number of outstanding Fabege shares at any time.

The first quarter was characterised by stable revenue, higher winter-related costs and continued value growth in the property portfolio. We signed a major 12-year lease with Convendum which resulted in positive net lettings. The volume of renegotiations remained low but contributed positively to the rental value in renegotiated leases by 12 per cent. Our projects progressed according to plan.  

On Monday 26 April 2021 at 07:30 (CET), Fabege’s Interim Report January-March 2021 will be published. Investors, analysts, journalists, and other interested parties are invited to participate in an audiocast and teleconference at 11:00 (CET) the same day.

Fabege and SHH Bostad AB are leading a housing development project in Kista via co-owned Selfoss Invest AB on land that was previously owned by Fabege. The Selfoss project was launched in 2018 and includes three residential properties containing tenant-owned and tenant-occupied apartments. Selfoss 4, the third stage of development work on the block, includes 130 rental apartments, and was completed in February 2021. Selfoss Invest has now sold the property to Patrizia.  

At Fabege AB’s Annual General Meeting on 25 March 2021, the meeting fixed the Board’s dividend proposal for 2020 at SEK 3.60 per share, to be paid on two occasions (SEK 1.80 per share on each occasion). Furthermore, it was decided that the record date for receiving the dividend will be 29 March 2021 and 29 September 2021 respectively, which means that payment is expected to be issued by Euroclear Sweden AB on 1 April 2021 and 4 October 2021.

Johan Zachrisson will be responsible for transaction, rental and market. He comes most recently from a role as partner at Cushman & Wakefield and has a long and solid experience in the industry, both as a consultant and from real estate companies.

2020 goes down in history as a special year marked by the ongoing pandemic. The year, which started very well, then meant great adjustments for all of us on the personal level and for society at large. At the turn of the year, Fabege had 94 properties with a total of 1,245,000 sq.m., valued at more than SEK 76 billion. The Board proposes an increased dividend of 12.5 percent to SEK 3.60/share.

Fabege and Skanska Sweden are together acquiring approximately 150,000 square metres of land, which has become available as a result of the Mälarbanan railway line being expanded and partly put in a tunnel. This creates the conditions for extensive urban development, with space for 1,000 new homes and 2,000 new jobs next to Solna Business Park and into Huvudsta.

In a traditional new construction project, about 450 kg of CO[2]/sqm is currently emitted. Fabege is now starting to design Parkhuset in Solna Business Park, which is expected to achieve emissions of 225 CO[2]/sqm – this is only half the climate impact compared to a traditional new construction project.

Fabege and Huddinge Municipality have signed an agreement on land allocation in Flemingsbergsdalen. The agreement provides for Fabege to be granted exclusive rights to negotiate with the municipality on land acquisition and development on the basis that Fabege will develop the land in accordance with the existing planning programme.

The underlying demand for qualitative housing in the right locations in Stockholm is expected to remain strong for a long time to come. Apart from development rights for commercial premises, Fabege has approximately 500,000 sqm of existing residential development rights, primarily in Solna and Huddinge. Monika Mundt-Petersen, in a newly established role, will ensure that Fabege optimises the value creation in relation to these residential development rights. 

Shareholders of Fabege AB (publ) are hereby notified of the Annual General Meeting (AGM) to be held on Thursday, 25 March 2021, at 3:00 pm at Filmstaden Scandinavia, Westfield Mall of Scandinavia, Salong 2, Råsta Strandväg 19A Solna. Registration for the AGM begins at 2:15 pm.

Fred Grönwall is currently Plant Manager for Cementa AB and will replace Anders Borggren, who has chosen to reduce his workload in order to eventually retire. Fred Grönwall will take on his new role at the beginning of the summer and will be a member of the Executive Management Team.

Fabege AB (publ) has started the share buy-back programme approved by the Annual General Meeting on 2 April 2020. The AGM authorised the Board for a period no later than the next AGM to acquire Fabege shares. The shares acquired may not exceed 10 per cent of the total number of outstanding Fabege shares at any time.

Despite the various challenges during the year, we have managed to deliver healthy net operating income, a strong surplus ratio and growth in the value of the portfolio, while maintaining a strong financial position.  

Scandinavia’s first zero-energy hotel, Nationalarenan 3 in Arenastaden, is now in the final stages of completion. The building produces as much energy as it consumes, and has now achieved FEBY ‘Gold Plushus’ certification. FEBY’s purpose as an organisation is to increase and develop energy-efficient construction.

Klaus Hansen Vikström has worked as external Vice President and Business Development Manager for Fabege since 2019, but has now decided to fully make the transition to his own business from 1 May 2021.

One of Stockholm’s absolutely most prominent streets in combination with a building which has a 100-year history and qualities, made Convendum choose the location for the company’s next grandiose co-working space. Kungsgatan 9 with its almost 7,600 sqm will host everything from an open café in a street environment, to lounges, conference rooms, business service centres and separate areas for smaller companies.    

CICERO Shades of Green has conducted an independent evaluation of Fabege from a sustainability perspective. The results reveal that 95 per cent of Fabege’s revenue and investments for 2020 were classified as green. Furthermore, Fabege has received CICERO’s highest rating, ‘excellent,’ in an assessment of the company’s sustainability governance.

Ahead of the Annual General Meeting of Fabege AB (publ) on 25 March 2021, the Nominating Committee is hereby publishing its proposal regarding the Board Chair and other Board Members. 

Over the course of the year, Fabege’s Head of Urban and Property Development, Head of HR and Head of Communication have been co-opted members of the Executive Management Team. Their roles have now been made permanent, and as of 1 January, Fabege’s Executive Management Team has a total of nine members.

Fabege has achieved an important milestone in its sustainability work as all of the company’s loan agreements are now green. Therefore, Fabege is first among the Swedish property companies to exclusively choose green financing.

Fabege has sold the property Sadelplatsen 1 in Solna to CapMan.

The distinguished Hagahuset building in Solna, which is owned by Fabege, houses Hotel Giò – a hotel and restaurant which takes its inspiration from Italy. The hotel opened during the spring of 2020 and today, as one of three finalists, it was awarded the Solna Urban Environment Prize 2020. 

GRESB (Global Real Estate Sustainability Benchmark) produces an annual ranking of the property sector from a sustainability perspective. In this year's survey, Fabege achieved 93 points, which means that the company is ranked as sector leader in the Office sector among listed real estate companies. The companies surveyed represent more than USD 5.3 billion in assets under management, and GRESB's data is used by more than 100 institutional and financial investors to monitor investments and navigate the strategic choices required for the industry to transition to a long-term sustainable future.

Fabege AB (publ) has started the share buy-back programme approved by the Annual General Meeting on 2 April 2020. The AGM authorised the Board for a period no later than the next AGM to acquire Fabege shares. The shares acquired may not exceed 10 per cent of the total number of outstanding Fabege shares at any time.

The third quarter was characterised by a continued uncertain rental market, a strong recovery in the capital markets and a more positive view of property valuations. Fabege reported stable rental income and positive changes in value both in the quarter and for the entire period.     

Electrolux Professional has signed an agreement with Fabege to move to Franzéngatan 6 and the Glädjen district. Its new Group headquarters is now being created, a large showroom for a wide selection of products and demonstration kitchens for training. In total, the company is renting 1,300 sqm and is expected to move to the premises in June 2021.

Arenastaden has gained a playful and colourful addition in the form of a new Pep Park. At Arenatorget, a stone’s throw from both Friends Arena and Westfield Mall of Scandinavia, Fabege together with Generation Pep and the City of Solna has built the new park, which will inspire children and young people to be more active.

Fabege and the City of Stockholm have agreed on the granting of a land allocation permit for Hammarby Fabriksväg (Korphoppet 5) which covers up to 33,000 sqm GFA of office space and other business premises. This forms part of the city’s project to connect Hammarbyhöjden and Hammarby Sjöstad. Today, Fabege is the leaseholder of the Korphoppet 5 property.

At Fabege’s Annual General Meeting on 2 April 2020, it was decided that the Nominating Committee, whose tasks include submitting proposals to Members of the Board, would primarily comprise representatives of the four largest shareholders. The names of the Nominating Committee's members and the owners they represent are to be announced no later than six months before the AGM and are based on the known ownership immediately before the announcement.

Fabege is the first real estate company to qualify for GCX. The fact that all investment properties are environmentally certified according to BREEAM In-Use and all new production is certified according to BREEAM-SE is the reason for the inclusion in the index.

Fabege AB (publ) has started the share buy-back programme approved by the Annual General Meeting on 2 April 2020. The AGM authorised the Board for a period no later than the next AGM to acquire Fabege shares. The shares acquired may not exceed 10 per cent of the total number of outstanding Fabege shares at any time.

The Land Development Board (Exploateringsnämnden) decided at its meeting on 27 August 2020 to grant Fabege a land allocation permit at Sveaplan. A prerequisite for the creation of the development right, covering about 9,000 square metres, is that Sveaplan is redeveloped in accordance with the city’s plans for Östra Hagastaden.

Flemingsberg is currently the site of Sweden’s biggest urban development project. Fabege has acquired the Regulatorn 2 property, which has a central location in the area and constitutes a key piece of the puzzle in the development of the district of Flemingsbergsdalen. In connection with the acquisition, an agreement has also been entered into with WA Fastigheter for Fabege to be the sole owner of the consortium SBD.

During the second quarter, the effects of Covid-19 on our earnings became visible through rent rebates and decreased property values. However, our projects progressed as planned, without any larger disruptions. Net letting during the first half of 2020 amounted to SEK 20m. The renegotiations decreased in volume due to the pandemic but contributed positively to the rental value. During the quarter, two properties were acquired.  

The fast-growing Swedish technology company Mentimeter, with over 80 million customers and users in obver 200 countries, is now moving its Swedish headquarters to the architectural gem Tulestationen in Vasastan, central Stockholm. The premises are located in the old turbine halls by the courtyard, accessible from Tulegatan, and are about 2,300 sqm with a rent of approx. SEK 16m. The contract runs for five years and the company is expected to move onto the premises in April 2021.

Fabege has acquired Påsen 1 in Hammarby Sjöstad from CapMan Nordic Real Estate. The building is very close to Fabege’s properties along Hammarby Fabriksväg and nextdoor to Trikåfabriken 9 on Textilgatan. It has a lettable area of about 10,000 sqm, 8,270 sqm of which is office space and the remainder is storage, with an additional area for parking spaces.

A quarter with two distinct halves

At the Annual General Meeting (AGM) of Fabege AB on 2 April 2020, the shareholders approved the Board’s proposal for 2019, a dividend of SEK 3.20 per share, to be paid on two occasions of each SEK 1.60 per share.The record date for payment of the dividend was set at 6 April 2020 and 6 October 2020. It is expected that the dividend will distributed through Euroclear Sweden AB on 9 April 2020 and 9 October 2020.

Due to the risk of contagion from Convid-19, Fabege will have special procedures in place at the Annual General Meeting on 2 April 2020.

There is considerable concern about how the spread of COVID-19 is affecting businesses in general, and thereby Fabege’s operations and financial strength. Fabege is currently in a robust position. Over the past few years we have built up a strong balance sheet and a financially robust position that is capable of withstanding the challenging times we now appear to be facing.

SEB’s office in Arenastaden have recently achieved Fitwel’s healthy building certification. It is the first property in Europe to be awarded three stars, which only five percent of those that apply for the certification manage to achieve.

Shareholders of Fabege AB (publ) are hereby notified of the Annual General Meeting (AGM) to be held on Thursday, 2 April 2020, at 3:00 pm at Filmstaden Scandinavia, Westfield Mall of Scandinavia, Råsta Strandväg 19A Solna, Sweden. Registration for the AGM begins at 2.15 pm.

Ahead of the Annual General Meeting of Fabege AB (publ) on 2 April 2020, the Nominating Committee is hereby publishing its proposal regarding the Board Chair and other Board Members. 

The Royal Swedish Opera (Operan) and the Royal Dramatic Theatre (Dramaten) have signed a lease with Fabege to relocate parts of their operations from Gäddviken in Nacka, to Flemingsberg. The lease marks the start of the next phase of Fabege’s urban development plans in Flemingsberg.

Tieto and EVRY, who have just been given the go-ahead for their merger of two of the Nordic countries’ largest IT providers, have decided to bring together their Stockholm operations in entirely new premises. TietoEVRY have signed a lease for approximately 22,000 sqm in Fabege’s ongoing project Kvarter Poolen, which also includes Solna Municipality’s new swimming pool. They can take possession of their new premises during the first quarter of 2022.

The Swedish Work Environment Authority, which has a mandate from the Swedish Government and Swedish Parliament to ensure that laws relating to the working environment and working hours are followed, has itself sought new premises in order to co-locate its operations in Stockholm. After a thorough process that initially involved more than 30 alternatives, newly renovated premises at Svetsarvägen 12 in Solna Business Park were chosen.

The property is a Stockholm landmark, often referred to as the Newspaper Building or Dagens Nyheter Tower. The property transaction is being completed as a corporate sale with an underlying property value of SEK 3,545 million after deductions for deferred tax. Transfer of ownership will occur on 23 January 2020.

Fabege has received an upgraded credit rating of Baa2, with a stable outlook, from Moody’s.

At Fabege’s Annual General Meeting on 2 April 2019, it was decided that the Nominating Committee, whose tasks include submitting proposals to Members of the Board, would primarily comprise representatives of the four largest shareholders. The names of the Nominating Committee's members and the owners they represent are to be announced no later than six months before the AGM and are based on the known ownership immediately before the announcement.

GRESB (Global Real Estate Sustainability Benchmark) conducts an annual ranking of the real estate sector from a sustainability perspective. In this year’s real estate assessment, Fabege increased by 8 points and is now ranked highest in the Northern Europe office category. 

Increased rental income, improved management result and continued value growth

Fabege has acquired part of Generatorn 2 from Skanska for SEK 60m.

Fabege is establishing a new framework for green financing. The purpose of the framework is to create a standard for green financing that can be used in a number of Fabege’s different sources of funding. CICERO has issued a second opinion on the green framework.

Via a jointly owned share investment club, Fabege’s management together has a joint shareholding in Fabege AB. The share investment club owns a total of 234,200 shares. In accordance with the share investment club’s statutes, the joint ownership has now been dissolved and the shares have been divested.

The sale is consistent with Fabege’s overriding strategy of divesting fully developed properties and creating new value by continuing to generate development rights in attractive growth areas in Stockholm. The property transaction is being completed as a corporate sale with an underlying property value of SEK 1,608m.

Publicis Media is a global communications network that is part of the Publicis Group, the world’s largest media and communications network. It is now signing an agreement with Fabege regarding a new office in Luma. The agreement has a duration of 6 years and relates to 2,900 square metres of office space with an annual rent of SEK 10.7m. 

Fabege’s Vice President, Klaus Hansen Vikström, is leaving his post at Fabege for a consultancy role as of May 2019. This is the first step in laying the foundations for a freer role in the future and means that he will reduce his direct involvement in Fabege.

Sweden’s long-term focus for Swedish energy policy, Energiöverenskommelsen (the energy policy agreement), sets a target of 50 per cent more efficient energy consumption in 2030 compared to 2005. Fabege already achieved an actual reduction in energy consumption for its entire portfolio of investment properties of 49 per cent back in 2018 and is now pressing on with its efficiency efforts.

Research shows that society should halve its emissions of greenhouse gases every ten years. This is the equivalent of a reduction in emissions of at least 7 per cent per year if the world is to meet the 1.5-degree target resolved upon at the UN Climate Change Conference held in Paris in 2015.  In order to prove that this is possible, Fabege has decided to continue to drive development towards sustainable travel to and from Arenastaden.

Increased rental income and a strong result from property management

At the Annual General Meeting (AGM) of Fabege AB on 2 April 2019, the shareholders approved the Board’s proposal for 2018, a dividend of SEK 2.65 per share. The record date for payment of the dividend was set at April 4, 2019. It is expected that the dividend will be paid through Euroclear Sweden AB on 9 April 2019.

The Board of Directors of Fabege has appointed Stefan Dahlbo as the new President and CEO. He is currently President and CEO of the listed investment company Byggmästare Anders J Ahlström Holding AB and has a long and solid experience as  CEO and board member of both listed and unlisted companies. These former board assignments include, for example, Fabege, Wihlborgs and Klövern. Stefan Dahlbo will assume his new role as soon as possible.

Ahead of the Annual General Meeting of Fabege AB (publ) on 2 April 2019, the Nominating Committee hereby revises its proposal regarding the Board. 

Fabeges Annual Report for 2018 is available on our webpage.

Pär Nuder has informed Fabege's nomination committee that he is not available for re-election at the company's Annual General Meeting on April 2.

An initiative is now being launched to inspire and challenge the real estate industry to pursue an even more sustainable transformation in society. The Stockholm Environment Institute, which is an international and independent research and policy institute, is starting an exciting collaboration with Fabege to help create sustainable and socially beneficial urban and regional development in Stockholm by the year 2050, in line with the UN’s global goals as defined in Agenda 2030.

Shareholders of Fabege AB (publ) are hereby notified of the Annual General Meeting (AGM) to be held on Tuesday, 2 April 2019, at 3:00 pm at Filmstaden Scandinavia, Mall of Scandinavia, saloon 2, Råsta Strandväg 19A Solna, Sweden. Registration for the AGM begins at 2.15 pm.

Ahead of the Annual General Meeting of Fabege AB (publ) on 2 April 2019, the Nominating Committee is hereby publishing its proposal regarding the Board Chair and other Board Members. 

Fabege has today been informed that the Swedish Tax Agency intends to move to new premises with access at the end of 2021.

Fabege’s goal is to increase fixed-term maturity in order to reduce the financial risk.  The loan runs for just over nine years and thus contributes in a very positive way to the company’s fixed-term maturity, while the company’s sources of financing are increasing.

Fabege has signed agreements with two new customers in Hammarby Sjöstad regarding approximately 3,000 sqm. In 2019 the Swedish Institute (SI) and Region Stockholm will be moving into the properties Trikåfabriken 9 and Luma 1, respectively.

After almost 25 years at Fabege, of which over the past 12 years as President and CEO, Christian Hermelin has informed Fabege's Board of Directors that he has decided to leave the company. In order to ensure a smooth succession, Christian has agreed to remain as CEO until a successor has taken over the role. The board will now initiate a recruitment process.

Mats Qviberg has informed the Nomination Committee that, due to lack of time, he cannot longer participate in the nomination committee's further work. Investment AB Öresund has appointed Andreas Hofmann to replace Mats Qviberg.

Fabege’s well-known building in Marieberg is heated and cooled using ultramodern geoenergy storage with a volume of more than 800,000 m3. In summer, 38-degree Celsius water is pumped down into the bedrock, which is heated up. When colder days arrive, the heat is brought back up.

Fabege acquires three properties close to the station in Flemingsberg from Vincero Fastigheter AB. Transfer of ownership for the properties Regulator 1, Batteriet 3 and Batteriet 4will take place 1 November 2018.

Continued strong demand new city district development project has been initiated

The Tidningshuset building, known by most Stockholmers as DN-skrapan (DN-Skyscraper), has undergone an environmental certification process and received the assessment BREEAM-in-Use Very Good. Fabege has carefully transformed this culturally historic building into a modern office building with a high level of environmental performance and with exciting and surprising content.

At Fabege’s Annual General Meeting on 9 April 2018, it was decided that the Nominating Committee, whose tasks include submitting proposals to Members of the Board, would primarily comprise representatives of the four largest shareholders. The names of the Nominating Committee's members and the owners they represent are to be announced no later than six months before the AGM and are based on the known ownership immediately before the announcement.

Fabege and the TB Group have signed an agreement to jointly develop approximately 130 tenant-owner apartments at the old Råsunda Stadium, next to Solna Centrum and the metro station. Fabege already owns the so-called “Dallashuset” (the property Lagern 3), which is being converted into attractive tenant-owner apartments. The TB Group has now acquired 50 per cent of the project and the parties have agreed to run a joint venture. The project launch will take place in autumn 2018, with the first residents moving in during autumn 2020.

The internationally established education company Hyper Island has signed a green rental agreement for 2,000 sqm in the Trikåfabriken 9 property in Hammarby Sjöstad. The green agreement has a duration of seven years and has an average rent of SEK 3,200 per sqm. Hyper Island will move into its new premises on 1 July 2019.

Fabege has signed a new green lease in the property Apotekaren 22, Rådmansgatan. With the new agreement, the property is again fully rented out. 

Following a successful sales period, SHH and Fabege have decided to begin construction of the first stage of the Selfoss district in central Kista consisting of 69 apartments, with the moving-in date set for spring 2020. Over 60 per cent of the tenant-owner apartments have been sold with binding pre-agreements. Agreements have been signed with construction company Cobab for the contracting work.

Today, Huddinge Municipality and a consortium of several real estate businesses signed a letter of intent to develop central parts of Flemingsberg to form a leading international business district. This decision is the first step in achieving the vision of transforming Flemingsberg from a regional centre into an international business and research hub known as Stockholm South Business District. 

Fabege has divested the Lagern 4 property in Solna to one of Pareto's newly formed companies. The sale is being made in the form of a company, with an underlying property value of SEK 268m after deduction of deferred tax, and provides a pre-tax profit of approximately SEK 5m, which will be reported as an unrealized change in value in the third quarter.

Trustly Group AB (Trustly) is a fast-growing Swedish IT company founded in 2008. The company provides payment solutions for the e-commerce industry, financial services, travel and gaming companies.  Since 2018, the company’s principal owner has been Nordic Capital.

Fabege delivers on a high level, supported by a strong Stockholm market

Kom Hotel, which is owned by KFUM Central, will be running a hotel, long-stay accommodation, co-working space and restaurant in Hagahuset. They are signing a 15-year lease for the entire building, equivalent to 7,000 sqm. Estimated date of entry is March 2020.

At the initiative of Generation Pep, Fabege is teaming up with the City of Solna to construct three activity parks – or ‘Pep Parks’ – in Huvudsta, Arenastaden and Haga Park. The purpose of the parks is to provide children, young people and adults with the conditions for play, movement and daily exercise together.

The Municipal Executive Board in Solna has decided to proceed with the joint vision for the Solna Station area, which will mean greater accessibility to and from Arenastaden. The area will become a hub in which existing public transport – commuter trains, light rail and buses – will function alongside new public transport alternatives such as the underground, regional trains and the Arlanda Express, together with pedestrian, bicycle and car traffic.

Arenastaden is continuing to expand, and demand for hotel rooms now significantly outstrips supply, largely due to growth in Solna’s tourist and hospitality industry quadrupling since the opening of Friends Arena and Mall of Scandinavia. Fabege and Nordic Choice Hotels are now together investing in another hotel in Arenastaden to offer visitors to the district additional accommodation alternatives.

Via a jointly owned share investment club, Fabege’s management together has a joint shareholding in Fabege AB. The share investment club owns a total of 400,000 shares, of which the management holds 280,000 shares. In accordance with the share investment club’s statutes, the joint ownership has now been dissolved and the shares have been divested.

In April 2016, Fabege established an MTN programme of SEK 2bn subject to special conditions with regard to sustainability and the environment. In September 2017, Fabege extended the programme to SEK 5 bn. Now, Fabege has decided to further increase the framework to SEK 8bn. Updated prospectus is available on the company's website and is approved by Finansinspektionen  (Sweden's financial supervisory authority). The base prospectus is updated annually.

ICA Gruppen AB has signed a new 12-year agreement to rent the remaining area in the Signal 3 property. This rental agreement means that the property has now been fully rented out to ICA Group before it is even completed. The total annual rental value for the additional agreement amounts to approximately SEK 16m. The tenant will move in during the first quarter of 2019.

The Annual General Meeting in Fabege AB (publ) held on 9 April 2018 resolved to increase the total number of shares in the company by dividing each share into two shares (a so called 2:1 share split). The Board of Directors was authorised to decide the record day for the share split.

Fabege has sold the Resedan 3 property in Vasastan to Probitas. The sale is being made in the form of a company, with an underlying property value of SEK 215m. 

At the Annual General Meeting (AGM) of Fabege AB on 9 April 2018, the shareholders approved the Board’s proposal for 2017, a dividend of SEK 4.50 per share. The record date for payment of the dividend was set at April 11, 2018. It is expected that the dividend will be paid through Euroclear Sweden AB on 16 April 2018.

At the Annual General Meeting (AGM) of Fabege AB on 9 April 2018, the shareholders approved the Board’s proposal for 2017, a dividend of SEK 4.50 per share. The record date for payment of the dividend was set at April 11, 2018. It is expected that the dividend will be paid through Euroclear Sweden AB on 16 April 2018.

Fabege has signed a contract to sell the property Uarda 6 in Arenastaden to the open-ended real estate fund UniImmo: Europa by Union Investment. The Hamburg-based real estate investment manager has previously purchased two other properties in Arenastaden from Fabege. Subsequent to the sale, Fabege will administrate the property on behalf of Union Investment, as well as retaining customer relations responsibility and continuing to work with development in Arenastaden. The sale confirms once again how attractive the area has become to institutional investors.

North Alliance, a Nordic network of communication, design and tech agencies, is now collocating its operations in Fabege’s Apotekaren property, also known as Tulestationen, in Stockholm city centre. The green lease contract concerns approximately 3,800 sqm and extends for seven years.  North Alliance will take possession of the premises at the start of 2019.

The Swedish version of Fabege AB's Annual Report 2017 was published on the company’s website www.fabege.com on February 26, 2018, at 08:00 CET.

Fabege has today received an investment grade credit rating of Baa3, with a stable outlook, from Moody’s.

Ahead of the Annual General Meeting of Fabege AB (publ) on 9 April 2018, the Nominating Committee is hereby publishing its proposal regarding the Board Chair and other Board Members

Fabege's green bond 107 of  SEK 700m in the Green MTN programme (Medium Term Note) receives the highest rating of Moody's GB1 (Excellent). The green bond has been assessed on the basis of the Green Bond Assessment (GBA). The grade scale goes from GB1 to GB5.

Skolverket, the Swedish National Agency for Education, is collocating its operations at Solna Business Park. The green lease contract concerns approximately 13,500 sqm, with an annual rent of around SEK 40 m, and extends for five years. Skolverket takes office in the fourth quarter of 2019.

Fabege's long-term net asset value (EPRA NAV) amounted to SEK/ 190 per share, an increase of 32 per cent compared to the same period last year. Net lettings in the period totalled SEK 190m, which is one of our best years to date. Renegotiations during the period produced an average increase in the rental value of 27 per cent, which is evidence of the robust trend we have recently observed in Stockholm’s rental market.

Fabege has commissioned Skanska to build the Hammarby Terrassen property, and the project will be run as a collaborative venture. 

At Fabege’s Annual General Meeting on 29 March 2017, it was decided that the Nominating Committee, whose tasks include submitting proposals to Members of the Board, would primarily comprise representatives of the four largest shareholders. The names of the Nominating Committee's members and the owners they represent are to be announced no later than six months before the AGM and are based on the known ownership immediately before the announcement.

The new agreement with Bilia means that Fabege can now begin with the development of the Haga Norra district, featuring 900 apartments and 70,000 sqm of commercial space that have already been planned. Bilia, which has been present in the area since 1968, will remain, but now with completely new and modern full service facilities.

Fabege's Chairman Erik Paulsson has informed the Chairman of the Nominating Committee that he intends to leave the board at the AGM on April 9, 2018.

Swedbank is collocating large parts of its functions at Grand Central Sundbyberg. The green lease relates to approximately 16,500 sqm and extends for a period of ten years. The move is expected to take place by the end 2018. This lease means that the entire office section of the building is now fully let.

In April 2016, Fabege established an MTN programme of SEK 2bn subject to special conditions with regard to sustainability and the environment. Fabege has decided to increase the framework to SEK 5bn. In connection with the move, the company is publishing a supplementary prospectus, dated 13 September 2017, which provides updates and supplements to the Base Prospectus, dated 19 May 2017, for the MTN programme. The two prospectuses should be read together and both are approved by Finansinspektionen. The Base Prospectus is updated annually.

Higher rental income and continued low interest expenses generated a profit from property management of SEK 449m, which is the equivalent of an increase of 10 percent compared to the previous year. 

A high school, a preschool facility and a multi-residence building are now to be added to the area. Fabege and the City of Solna have agreed on the construction of a new school for around 360 year 7–9 pupils, a preschool facility for 80 children, and a multi-residence building comprising six apartments – comprising 5,100 sqm in total.

Fabege has signed an agreement with Goodbye Kansas concerning a move to Hammarby Sjöstad. Goodbye Kansas is Sweden's fastest growing company in the animation, gaming and special effects industry. Through the agreement, Fabege is to commence construction of Hammarby Terrassen, where Goodbye Kansas will be taking over the property itself. The green lease contract covers approximately 5,200 sqm, with an annual rent of around SEK 16.7m excluding supplements, and is set to run for eight years. The move is planned for June 2019. 

As part of our ambition to be actively involved in city district development, Fabege is launching a sustainable logistics network in which deliveries, returns management and recycling will be handled in a single flow. The aim is to reduce the amount of transportation in the area and promote greener districts.

As of May 2, 2017, AEG will be the new operator at Friends Arena in Solna, just outside Stockholm city centre. Arenabolaget and AEG have a joint ambition to position Stockholm as an events region and compete for attractive events with other cities in Europe. The leasing agreement between AEG and Arenabolaget, a company owned by the Swedish Football Association and Fabege, runs for 10 years.

Fabege has let more than 30,000 m2 in Hammarby Sjöstad and in the area of the Globe Arena. The Pelaren property in the Stockholm Globe Arenas complex is more or less full to capacity before the shell of the building has even been erected. The latest tenant to sign an agreement with Fabege is Ebab –preceded by Stokab, who announced their move from the city centre earlier. 

Fabege and SHH have signed a contract on jointly developing around 225 tenant-owner apartments on Kista Gårdsväg in Kista, north of Stockholm. Last autumn, Fabege gained entry to the property Selfoss 1 under the land option previously acquired from the City of Stockholm. SHH has now acquired 50% of the development company and the parties have agreed to run a joint venture. The project is planned to start this spring, with sales of the apartments scheduled for autumn 2017.

Fabege has signed an agreement with Naturvårdsverket (the Swedish Environmental Protection Agency) on moving to Trikåfabriken in Hammarby Sjöstad, which is now being modernised and extended. The green lease contract concerns 7,700 sqm, with an annual rent of around SEK 24 million excluding supplements and runs for 6 years. The move is planned for spring 2019. 

After end of the period for notification of attendance at the 2017 AGM, Fabege’s Nomination Committee was contacted by representatives of one of the Company’s major shareholders, with a holding of 25.5 million shares, representing 15.4 percent of the equity and votes in Fabege AB (publ). The shareholder expressed the wish that the Board of Directors of Fabege AB (publ) should for the period until the 2018 AGM be made up of eight members.

Shareholders of Fabege AB (publ) are hereby notified of the Annual General Meeting (AGM) to be held on Wednesday, 29 March 2017, at 3:00 pm at Filmstaden Scandinavia IMAX-salon, Mall of Scandinavia, Råsta Strandväg 19A Solna, Sweden. Registration for the AGM begins at 2.15 pm.

Fabege has issued SEK 300m under the framework of its Green MTN programme subject to special conditions with regard to sustainability and the environment.

Fabege has raised SEK 150m through a green bond issue via SFF (Svensk FastighetsFinansiering AB)

Fabege's profit after tax for the full year 2016 amounted to 7,107 million (3,232), an increase of nearly 120 per cent.The healthy earnings are largely due to excellent market conditions, with rising rent levels and property values combined with persistently low interest expenses.

Fabege has raised SEK 300m via SFF (Svensk FastighetsFinansiering AB) through a bond issue with a three year tenor.

Fabege has signed a lease with Snow Software AB, which is relocating its Swedish head office to Solna Business Park.  The parties have signed a green seven-year lease covering approximately 4,100 sqm at an annual rent totalling just over SEK 11m. Occupancy will take place in February 2018.

HagaHuset was acquired with the aim of developing a Live-Work-Play concept building that will further boost Fabege’s business and meet the varying needs of tenants over time. The location of the building at the entrance of Haga National City Park reinforces the connection between city and park. The purchase price of Fortet 2 (HagaHuset) is SEK 172 million and Fabege will gain access as of 1 February 2017. 

Fabege is to acquire the City of Solna, Peab and Jernhusen’s stakes in Arenabolaget i Solna KB, which owns the Nationalarenan 1 property, better known as the Friends Arena.

Fabege has come to an agreement with Peab to acquire Peab’s 50 per cent stake in Visio. Following the acquisition, Fabege will own 100 per cent of Visio, which owns development rights in Solna. Furthermore, Fabege is acquiring the Distansen 4, 6 and 7 properties in Ulriksdal from Peab.

Migrationsverket (the Swedish Migration Agency) is bringing large sections of the Stockholm region’s operations together under one roof at Grand Central Sundbyberg. The lease covers approximately 17,000 sqm of the building’s total office space of 36,000 sqm, and will continue for a period of at least 6 years.  The annual rental value amounts to roughly SEK 45m. Occupancy is scheduled to take place after summer 2018.

To date, Fabege has secured green financing for a total of almost SEK 4bn and created scope for an additional approximately SEK 1.4bn via green bond financing. The latest is a green bank loan from Danske Bank, which is the first of the banks to offer improved terms for green loans, since the risk is deemed to be lower. A welcome break in the trend.

Fabege borrows SEK 700m within the green framework of Nya Svensk FastighetsFinansiering AB (Nya SFF). 

Fabege has signed an agreement to sell the Uarda 7 property, in Arenastaden, to Union Investment. The sale confirms once again the areas attractiveness for institutional investors. Fabege will continue to manage the property, retain the customer relationship and drive the development of Arenastaden.

Profit after tax for the period increased to SEK 4,346m (2,054), corresponding to earnings per share of SEK 26.28 (12.42). Profit before tax for the period rose to SEK 5,166m (2,637). Rental income amounted to SEK 1,573m (1,493) and net operating income to SEK 1,125m (1,080. In an identical portfolio, rental income rose by around 9 per cent and net operating income increased by roughly 10 per cent. The average yield requirement declined during the period to a rounded off figure of 4.70 per cent (4.94 at year-end).

Now that Svenska Spel, Åhléns and other tenants have departed from the Orgeln 7 property in the heart of Sundbyberg, Fabege has embarked on a major redevelopment/extension project. The investment amounts to SEK 944m, and it is estimated that the project will be completed in summer 2018. The new building has been named Grand Central Sundbyberg.

In 2010, Fabege sold a property portfolio to Profi Fastigheter. The parties then jointly conducted a detailed work plan to enable the development of housing on two of the properties. Profi Fastigheter has now agreed on the implementation of the housing project with a third party which leads to an additional consideration will be paid to Fabege.

Fabege has sold the Pan 1 property in Gamla Stan to AB Parts & Paomees. The property is located at Stora Nygatan 40/Lilla Nygatan 23 and includes approximately 3,150 sqm of lettable area, most of which is office space.

At Fabege’s Annual General Meeting on 11 April 2016, it was decided that the Nominating Committee, whose tasks include submitting proposals to Members of the Board, would primarily comprise representatives of the four largest shareholders. The names of the Nominating Committee's members and the owners they represent are to be announced no later than six months before the AGM and are based on the known ownership immediately before the announcement.

Fabege continues the ambition to increase the green financing by issuing a new green bond within the green framework of Nya Svensk FastighetsFinansiering AB (Nya SFF). 

Profit after tax for the period increased to SEK 2,730m (1,535), corresponding to earnings per share of SEK 16.51 (9.28). Profit before tax for the period increased to SEK 3,115m (1,951). In an identical portfolio, rental income rose by 7 per cent and net operating income increased by just over 5 per cent.

Swedish anti-doping campaigner Arne Ljungqvist is urging society, the business community and the world of sport to join forces to combat the spread of doping. Together with Fabege a new symbol is being launched, along with the first two sculptures in a series that will be erected in Monaco and Stockholm. The global campaign will go under the hashtag #pureforsure and will highlight key issues in pure sport and public health. 

Fabege is acquiring the property Sadelplatsen 1, Järva Krog. The transaction has a total price of SEK 172.5m. Handover will take place on June 8, 2016.  The seller is an Uppsala -based consortium, with among others Olle Olsson Holding AB as partner.

Fabege and 3 (HI3G Access) have signed a 10-year green rental agreement for office premises covering approximately 14,700 sqm in the property Pelaren 1, with an annual rental value of around SEK 39m, not including supplements.

Ambea, one of Sweden’s leading companies in the area of care and assistance, has decided to leave Solna Strand and move to Arenastaden in August 2017. Fabege and Ambea have signed a 7-year rental agreement for premises covering approximately 3,600 square metres, with an average rental value of just over SEK 10.5m, not including supplements. The company’s new address will be Evenemangsgatan 21, and it will have Siemens and H&M as neighbours in the same building. 

After-tax profit for the quarter amounted to SEK 1,665m (705). Rental income increased to SEK 519m (502) as a result of completed project properties generating revenue. In an identical portfolio, income rose by 4 per cent. Investments, rising market rents and lower yield requirements on the market contributed to strong value growth in the property portfolio.

Please note – this is an unofficial translation of the Swedish original

 Fabege is now concentrating responsibility for all sustainability issues under a company-wide Head of Sustainability with the aim of honing objectives and increasing the pace of efforts in the sustainability area. Mia assumes her new position from her current role as Environment and Operational Technique Manager at Fabege, and has long been a passionate driver of many sustainability issues within the company.

Fabege has signed an agreement to sell the Uarda 5 property, Vattenfall’s head office in Arenastaden, to Union Investment Real Estate GmbH. The sale represents the first confirmation that the area is attractive to institutional investors. Fabege will continue to manage the property, retain the customer relationship with Vattenfall and drive the development of Arenastaden.

Profit after tax for 2015 was SEK 3,232m (1,738), corresponding to earnings per share of SEK 19.54 (10.51). Rental income declined to SEK 1,998m (2,087), due to a smaller property portfolio than in 2014. In an identical portfolio, income rose slightly more than 3 per cent. Investments, rising market rents and lower yield requirements in the market contributed to a high surplus ratio and strong value growth in the property portfolio.

The Nominating Committee of Fabege AB has decided to propose the following to the 2016 Annual General Meeting (AGM) in respect of composition of the Board.

Through co-owned Visio, Fabege and Peab share development rights for the Råsunda property. The original property comprised approximately 16,000 sqm of existing office buildings, 19,000 sqm of commercial development rights and 70,000 sqm of housing development rights.

Citylab Action is a forum for sharing best practice in sustainable urban development organised by the Sweden Green Building Council (SGBC). Involvement means that Fabege will establish a sustainability program, action plans, objectives and measures to methodically develop Solna Business Park in a sustainable direction.

Fabege has decided to reduce its loan-to-value ratio target and to also increase its surplus ratio target.

Yesterday, Fabege conducted its first green issue within the recently established green framework of Nya Svensk FastighetsFinansiering AB (Nya SFF).

Profit after tax for the first nine months of the year amounted to SEK 2,054m (828), corresponding to SEK 12.42 per share (5.01). Rental income declined to SEK 1,493m (1,565) due to a smaller property portfolio than in the year-earlier period. In an identical portfolio, income rose approximately 4 per cent. Investments, rising market rents and lower yield requirements in the market contributed to a high surplus ratio and strong value growth in the property portfolio.

EVRY has decided to renew its contract with Fabege for the Sliparen 2 property and has signed a 12-year contract for approximately 12,000 sqm. EVRY’s operations will thus remain at the same address, but the company’s Swedish head office will be refurbished to meet new needs and requirements for a more flexible way of working.

Climate and Economic Research in Organizations (CERO) is a concept developed to assist organisations identify economically sustainable strategies in order to achieve climate targets for travel. Employees’ travel patterns and acceptance of alternative measures are analysed and modelled explicitly to achieve maximum support in the organisation. The model was developed as part of a doctoral thesis at the Royal Institute of Technology (KTH) and is currently applied by several major companies and players in the public sector.

Fabege is signing a new long-term credit facility with the European Investment Bank (EIB) for investments in environmentally certified property projects. The loan facility comprises a ten-year credit in an amount denominated in SEK that corresponds to EUR 100m. The financing will be used for investments in some of Fabege’s major property development projects in Arenastaden.

At Fabege’s Annual General Meeting on 26 March 2015, it was decided that the Nominating Committee, whose tasks include submitting proposals to Members of the Board, would primarily comprise representatives of the four largest shareholders. The names of the Nominating Committee's members and the owners they represent are to be announced no later than six months before the AGM and are based on the known ownership immediately before the announcement.

In its annual survey, GRESB – whose mission is to enhance and protect shareholder value by evaluating and improving sustainability practices in the global real estate sector – has ranked Fabege as the leader in the office sector for listed property companies in Europe.

ICA Gruppen AB has  signed a new 12-year agreement for slightly more than 23,000 sqm of floor space, excluding garage facilities, in Arenastaden. The total annual rental value including parking facilities amounts to about SEK 68m. The office will be built on the Signalen 3 property and occupancy is scheduled for the third quarter of 2018.

Due to the combination of an extensive project portfolio of development rights and an ambitious goal to develop the most sustainable and attractive city districts of tomorrow, Fabege is now strengthening its business development and property management organisation. The new employees will contribute to the company’s continued development activities, bringing fresh ideas and renewed drive to the emergence of new city districts.

Profit after tax for the period amounted to SEK 1,535m (563), corresponding to SEK 9.28 per share (3.40). The surplus ratio rose to 72 per cent (71), a record-high first-half-year figure. Profit from property management increased 16 per cent and value growth in both the property management portfolio and the project portfolio contributed to the strong earnings.

Fabege and Telenor Sweden have signed a ten-year lease for 9,800 sqm of office, bicycle storage and garage space at a combined annual rental value of approximately SEK 31m. The lease marks the start of Fabege’s planned utilisation of office development rights in Råsunda. Occupancy is scheduled to occur in the second half of 2018.

Demand for office premises in Arenastaden still remains healthy. KPMG has signed a 7-year lease for 4,400 sqm of office, storage and garage space at a combined annual rent value of approximately SEK 12.5m. Occupancy will occur on 1 July 2016.

Fabege wins Best Interim Report award in Sweden as part of the competition arranged by Kanton and the Swedish Association of Share Investors to determine the Companies of the Year among those listed on Nasdaq Stockholm.

Fabege is acquiring the Stora Frösunda 2 and Hagalund 2:2 properties in Solna from Catena. The acquisition increases Fabege’s portfolio of development rights directly adjacent to Arenastaden.

Fabege acquires development property in Solna Business Park

Profit after tax for the period amounted to SEK 705m (240), corresponding to SEK 4.26 per share (1.45). The surplus ratio rose to 70 per cent (68), a record-high first-quarter figure. Profit from property management increased 12 per cent and value growth in both the property management portfolio and the project portfolio contributed to the strong earnings.

January–March 2015

In January, Fabege together with Wihlborgs, Platzer, Diös and Catena launched a joint MTN programme totalling SEK 8,000m through the newly established finance company Nya Svensk Fastighetsfinansiering AB (Nya SFF).

When looking for new premises, SBAB ultimately selected Solna Business Park, a dense business district near Stockholm. The approximately 4,300 square metre lease will run for 10 years and is a Green Lease, which entails that both parties will aim to identify operating solutions that are resource-efficient and environmentally smart. The property is environmentally classified and is located on the main street in Solna Business Park. SBAB will relocate its 220 employees from Östermalm in central Stockholm to the new premises no later than 1 November.

Shareholders of Fabege AB (publ) are hereby notified of the Annual General Meeting (AGM) to be held on thursday, 26 March 2015, at 3:00 pm in the auditorium at Wenner-Gren Center, Sveavägen 166, Stockholm, Sweden. Registration for the AGM begins at 2.15 pm.

In January, Fabege, together with Wihlborgs, Platzer, Diös and Catena, launched a joint MTN programme totalling SEK 8,000m through the establishment of the new finance company, Nya Svensk Fastighetsfinansiering AB (Nya SFF).

Profit after tax for the year increased to SEK 1,738m (1,530), corresponding to earnings per share of SEK 10.51 (9.26). During the year, net operating income improved and the surplus ratio rose to a record-high 71 per cent, the highest level in Fabege’s history. Transaction gains and value growth in both the property management portfolio and the project portfolio continued to contribute to Fabege’s total profit.

Via the jointly owned finance company Nya Svensk FastighetsFinansiering AB, Fabege will efficiently reach the capital market via covered Medium Term Note (MTN) programmes. This is a way of broadening the base of the company’s borrowing structure.

Fabege has sold the Ladugårdsgärdet 1:48 property at Värtahamnen and the Hammarby-Smedby 1:457 and 1:458 properties in Upplands Väsby to Fastpartner and sold the Grönlandet Södra 13 property in Norrmalm to a private company.

As of 1 January 2015, Lagardère Unlimited will take over operation of Friends Arena as part of an agreement that will extend over more than 10 years. The agreement was announced today by the owners of Friends Arena: the Swedish Football Association, Peab, Fabege, the City of Solna and Jernhusen, together with Lagardère Unlimited, which is also signing a long-term lease with the property company that owns Friends Arena, Arenabolaget i Solna AB.

Fabege has sold the Planen 4 property in Solna to Näckström Fastigheter AB.

Fabege has sold the Rovan 1 and 2 properties (Huvudsta Centrum) to Andersson Invest & Fastighets AB.

A sustainable, attractive, central location with excellent transport links and a high level of service were some of the requirements when Siemens was looking for the workplace of the future for its employees from Upplands Väsby, Solna, Kista and some employees from the Huddinge office. The decision was Arenastaden, to which about 700 employees will be relocating in October 2017. The lease, covering approximately 10,000 sqm of office space at an annual rent of SEK 25m, has been signed for 12 years.

Fabege has sold the leasehold to the Godsfinkan 1 property to the City of Stockholm. Godsfinkan 1 is located on Heliosgatan 22-26 and comprises office and warehouse space with a lettable area of approximately 7,800 sqm.

At Fabege’s Annual General Meeting on 25 March 2014, it was decided that the Nominating Committee, whose tasks include submitting proposals to Members of the Board, would primarily comprise representatives of the four largest shareholders. The names of the Nominating Committee's members and the owners they represent are to be announced no later than six months before the AGM and are based on the known ownership immediately before the announcement.

During the second quarter, two major project lettings were signed with TeliaSonera and SEB, both in Arenastaden. The leases contributed to record high net lettings, amounting to SEK 258m, for the first six months of the year. In addition, the surplus ratio amounted to a solid 71 per cent.

Fabege has signed a 20-year lease with SEB for premises at Arenastaden, Solna. SEB will gather together large portions of its operations in Stockholm and create 4,500 workplaces in new office buildings adjacent to the Mall of Scandinavia. The annual rental value is SEK 157m, excluding supplements.

Klaus Hansen Vikström, Director of Business Development and member of Executive management team since 2009, has now also been appointed Deputy Chief Executive Officer of the company.

Christian Hermelin, CEO of Fabege, comments on the first quarter of 2014:

Fabege and TeliaSonera have signed a 15-year lease concerning the leasing of the entire Scandinavian Office Building in Arenastaden, Solna. The date of occupancy is scheduled for spring 2016 and all of TeliaSonera’s employees in Farsta and Stockholm City will relocate to the new premises. The annual rental value is over SEK 98m, excluding supplements and garages.

Fabege has signed a lease extending to 2022 with Keolis Sverige AB, under which Keolis will rent slightly more than 2,400 sqm of space in the DN building in Marieberg. The move will occur in August 2014 and the annual rental value slightly exceeds SEK 5.8m.

Fabege will be contributing SEK 100m to the City of Solna’s co-financing of the subway to Arenastaden. The payments will be distributed evenly during the construction period, which is scheduled to commence in 2016 and completed in 2022.

Fabege is focusing on deepening its relations with existing customers and is now strengthening its management team with the appointment of Charlotta Liljefors Rosell as the new Director of Properties. This new recruitment will enable Urban Sjölund to focus more proactively on letting issues and on cultivation of new customers.

The owners of Swedish Arena Management AB have signed a letter of intent with LUSS, Lagardère Unlimited Stadium Solutions, regarding the takeover of the long-term operation of Friends Arena. The due diligence process will now commence and is scheduled to be completed after the summer of 2014. Formal takeover of the operating company is expected to occur no later than 1 January 2015.

Fabege has sold the Kolonnen 7 property in the corner Götgatan/Ölandsgatan, Stockholm, to Olov Lindgren. The property comprises approximately 3,400 sqm of floor area, with office/retail space and residential space. The buyer will take possession of the property on 11 April 2014.

Svevia will be relocating to modern premises at Svetsarvägen in Solna Business Park in the autumn. The combination of modern premises, close proximity to services and transportation links resulted in the decision to leave Solna Strand.

Christian Hermelin, CEO of Fabege, comments on full-year 2013:

As increasingly more companies are choosing to relocate to Solna Business Park, Pontus Frihiof is currently expanding its operations to the city district. The restaurant will welcome more than 200 guests and offer everything from business lunches in chambre separée to express lunches, brunch on weekends, as well as dinners during certain parts of the week. The grand opening will be in April 2014 and the name of this new venture will be Pontus in the Park.

Aktieinvest , the CDON Group and the Swedish Association of Share Investors will be moving to Sveavägen 151 in Hagastaden during the second quarter of 2014. These new leases correspond to an area of slightly more than 3,800 sqm.

Fabege has signed an agreement concerning the acquisition of the property Tömmen 1, Gårdsvägen 2-4 in Arenastaden. The property is being sold by three private property owners.

Christian Hermelin, CEO of Fabege, comments on the third quarter of 2013:

Fabege will now gather its technological, energy and environmental matters under a single new division. The company has appointed Anders Borggren to manage the new division and serve as a member of Group Management. Anders Borggren worked most recently at ISS, where he was responsible for business development in Sweden. He will assume his new role at Fabege no later than 1 February 2014.

At Fabege's Annual General Meeting on 21 March 2013 it was decided that the Nominating Committee will comprise representatives of the four largest shareholders. The names of the Nominating Committee's members and the owners they represent are to be announced no later than six months before the AGM and are based on the known ownership immediately before the announcement.

In the past year, the podcast format has become very popular and Fabege is now opening a recording studio in Hammarby Sjöstad. During the autumn, all serious podcasters, both amateurs and professional, will be able to borrow the recording studio, which will be located in Luma’s unique office environment. The objective is for more people to discover Hammarby Sjöstad as a workplace and contribute to the spread of good ideas.