Here, you will find Fabege’s press releases. Regulatory press releases from 2016 are available in the “Regulatory” category.
2022
Fabege launches share buy-back
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.
Opening of LAUNCH OF RE, an interdisciplinary art and research project about plastic
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.
Invitation to join an audiocast and teleconference 26 April for the presentation of Fabege’s Interim Report Jan-Mar 2022
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.
New acquisition of office premises in southern Stockholm
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.
Resolutions by Fabege’s Annual General Meeting on 29 March 2022
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.
Fabege's Annual and Sustainability Report for 2021
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.
Notice of Annual General Meeting in Fabege AB (publ)
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.
