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.
Moody’s affirms Fabege Baa2 rating, outlook changed to negative
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.
Fabege takes sustainability to a new level by constructing buildings from buildings
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.
Invitation to Fabege’s presentation of the Interim Report Jan-Sep 2022
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.
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.
Over 80% commute to and from Arenastaden in an environmentally-friendly way
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.
Invitation to join an audiocast and teleconference 8 July for the presentation of Fabege’s Interim Report Jan-Jun 2022
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.
Fabege publishes updated prospectus for MTN and an updated green framework
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 sign office lease agreements in Solna Business Park and Kungsholmen
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.
Fabege’s zero-energy hotel in Arenastaden receives City of Solna Environmental Award 2022
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.
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.