Here, you will find Fabege’s press releases. Regulatory press releases from 2016 are available under the Corporate Press Releases tab, in the “Regulatory information” category.
Fabege is included in the sustainability index Global Challenges (GCX)
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.
Fabege granted a land allocation permit at Sveaplan by the City of Stockholm
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.
Fabege acquires property and holding in the consortium SBD from WA Fastigheter
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.
Fast-growing technology company signs contract with Fabege
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.
Resolution by Fabege’s Annual General Meeting on 2 April 2020
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.