Patrizia Completes New Swedish Purchase

Sweden Sweden — Patrizia acqiures residential in Kista, Stockholm, from Fabege and SHH for MSEK 400.

What Johan Zachrisson Brings to Fabege from Cushman & Wakefield

Sweden Sweden — Johan Zachrisson has been appointed new Director of Business Development at Fabege. He tells Nordic Property News why he wanted to join Fabege, what he hopes to accomplish and what he can bring from his time at Cushman & Wakefield.

Fabege Appoints New Director of Business Development

Sweden Sweden — Fabege appoints Johan Zachrisson as its new Director of Business Development and member of the Executive Management Team.

Fabege and Skaska Acquire Land for Further Long-term Urban Development

Sweden Sweden — Fabege and Skanska Sweden are together acquiring approximately 150,000 square metres of land, which has become available as a result of the Mälarbanan railway line being expanded and partly put in a tunnel. This creates the conditions for extensive urban development, with space for 1,000 new homes and 2,000 new jobs next to Solna Business Park and into Huvudsta.

Fabege Creates New Role for Residential Development Rights

Sweden Sweden — The underlying demand for qualitative housing in the right locations in Stockholm is expected to remain strong for a long time to come. Apart from development rights for commercial premises, Fabege has approximately 500,000 sqm of existing residential development rights, primarily in Solna and Huddinge. Monika Mundt-Petersen, in a newly established role, will ensure that Fabege optimises the value creation in relation to these residential development rights.

Fabege Appoints New Head of Technical Operations

Sweden Sweden — 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.

EVP Klaus Hansen Vikström Leaves Fabege

Sweden Sweden — 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.

Convendum Signs Agreement with Fabege at Stureplan

Sweden Sweden — 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.

Capman Purchases Vacant Office Building from Fabege

Sweden Sweden — CapMan Nordic Real Estate III Fund has agreed to acquire Sadelplatsen 1, a vacant office building in Järva Krog, Solna, from Fabege in an off-market transaction.

The Listed Giants' Office Development Plans

Sweden Sweden — Skanska and Fabege will build three new office buildings with over 55,000 square meters of space next to Målbron at Solna station.

Fabege to Develop 20,000 Square Meters Office Space in Central Location

Sweden Sweden — The Swedish property giant to expand in Arenastaden in Solna, just outside Stockholm.

Fabege Granted Land Allocation Permit in Hammarby Sjöstad

Sweden Sweden — 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.

Fabege Launches Share Buy-back

Sweden Sweden — Fabege 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 Makes Large Stockholm Acquisition

Sweden Sweden — Fabege acquires property and holding in the consortium SBD from WA Fastigheter.

Fabege’s Investment Targets in Challenging Times: “Many Are Struggling Now”

Sweden Sweden — A decent amount of transactions has been made for Swedish listed office investor Fabege lately. CEO Stefan Dahlbo on whether it is business as usual for his company.

NCC to Construct Office Building for Fabege

Sweden Sweden — NCC has been commissioned by Fabege to construct a 35,000-square-meter office building next to Arenastaden in Solna, Sweden. The project is a design-build contract in partnering form with an order value of approximately SEK 750 million.

Fast-growing Tech Company Signs Contract with Fabege

Sweden Sweden — 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.

Capman Sells Office Property in Stockholm to Fabege

Sweden Sweden — Fabege has acquired Påsen 1 in Hammarby Sjöstad from Capman Nordic Real Estate. It has a lettable area of about 10,000 square meters.

Fabege’s Actions During the Crisis: Offers Rent Deferrals to Tenants

Sweden Sweden — CEO Stefan Dahlbo: “We make sure to secure the tenants’ liquidity and cash flow.”

Fabege Signs Lease with Opera and Theatre

Sweden Sweden — The Royal Swedish Opera (Operan) and the Royal Dramatic Theatre (Dramaten) have signed a lease with Fabege to relocate parts of their operations from Gäddviken in Nacka, to Flemingsberg. The lease marks the start of the next phase of Fabege’s urban development plans in Flemingsberg.

How Areim Will Develop the Stockholm Landmark

Sweden Sweden — Erika Olsén, Business Development at Areim, on the EUR 337 million acquisition of the newspaper building in Stockholm and why Areim has been involved in two of the top deals in Sweden this year.

Fabege Sells Landmark Building to Areim for EUR 337M

Sweden Sweden — Areim has acquired one of Stockholm's most famous landmarks, Dagens Nyheter Tower (DN-skrapan), in the centrally located neighborhood of Kungsholmen. The property – Trängkåren 7 – comprises 56 500 square meters, primarily office space. The building was constructed between 1960 and 1964 from drawings by the architect Paul Hedqvist.

Moody's Upgrades Fabege

Sweden Sweden — Fabege has received an upgraded credit rating of Baa2, with a stable outlook, from Moody’s.

Zengun Completes Housing for Brabo and Fabege

Sweden Sweden — Zengun has been contracted to complete some 420 housing units for the housing developer Brabo in partnership with Fabege. The units are part of the first phase of the major urban development project, Haga Norra in Solna, Stockholm.

The Listed Companies’ Property Value

Nordic — Nordic Property News lists the property value in the major real estate companies on the Nordic stock exchange.