Press releases

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.