Sweden — 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.

Sweden — Fabege is on the move in Solna. The company has bought stakes to become the majority owner in Friends Arena. At the same time Fabege closes a deal with Peab to buy properties in Ulriksdal aswell as Visio.

Sweden — Fabege is investing MSEK 944 (EUR 97M) on a major redevelopment/extension project in Sundbyberg in Stockholm.

Sweden — Fabege has signed an agreement to sell the Uarda 5 property, Vattenfall’s head office in Arenastaden, to Union Investment Real Estate GmbH. The property comprises approximately 44,000 sqm of office space and is currently fully let to Vattenfall, and to an external restaurant. The sale will occur in the form of a company with an underlying property value of SEK 2,257 M (€263,54 M).

Sweden — Fabege recruits Carl Michael Augustsson, Niclas Ternstål (formerly Österberg) and Andreas Malmsäter.

Sweden — 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. The acquisition has a total value of €157M.