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 — The property is a Stockholm landmark, often referred to as the Newspaper Building or Dagens Nyheter Tower. The property transaction is being completed as a corporate sale with an underlying property value of SEK 3,545 million after deductions for deferred tax. Transfer of ownership will occur on 23 January 2020.

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.

The Nordic Listed Companies’ LTV in Q2

Nordic — Nordic Property News presents how high the loan-to-value ratio the listed companies have, according to their Q2 results.

H1: Top Ten Recruitments in the Nordics

Nordic — Nordic Property News lists the people who were recruited to the most attractive jobs in the Nordic real estate market – during the first six months of 2019.

Fabege Signs Lease with Global Giant

Sweden Sweden — Publicis Media is a global communications network that is part of the Publicis Group, the world’s largest media and communications network. It is now signing an agreement with Fabege regarding a new office in Luma. The agreement has a duration of 6 years and relates to 2,900 square metres of office space with an annual rent of MSEK 10.7.

KPA Pension Acquires for EUR 150M

Sweden Sweden — Fabege sells the office property Pelaren 1 in Stockholm to KPA Pension for SEK 1.6 billion (EUR 150M).

The Nordic Listed Companies’ LTV in Q1

Nordic — Nordic Property News presents how high the loan-to-value ratio the listed companies have, according to their Q1 results.

Fabege's Deputy CEO Switches to Consultant Role

Sweden Sweden — Fabege’s Vice President, Klaus Hansen Vikström, is leaving his post at Fabege for a consultancy role as of May 2019. This is the first step in laying the foundations for a freer role in the future and means that he will reduce his direct involvement in Fabege.

Fabege's New CEO: "Surprised"

Sweden Sweden — The third largest listed property company in the Nordics Fabege has elected its new CEO. Stefan Dahlbo tells Nordic Property News why he hesitated to take the job, which the main challenges are and the similarities with his current job.

New President and CEO of Fabege

Sweden Sweden — The Board of Directors of Fabege has appointed Stefan Dahlbo as the new President and CEO.

Skanska Builds New Hotel for Fabege

Sweden Sweden — Skanska has signed a contract with Fabege to build Scandinavia's first zero energy hotel in Solna.

After the Loss of a Large Tenant: Here Is How Fabege Moves Forward

Sweden Sweden — Yesterday it was announced that Fabege lost a large tenant that occupied 44,000 sqm and generated a total of SEK 100 million (EUR 9.6 million) in rental income. How significant is this loss for Fabege and how will they avoid losing substantial revenue?

Fabege's Christian Hermelin Resigns as CEO in 2019

Sweden 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.

Fabege Makes EUR 73M Acquisition in Stockholm

Sweden Sweden — Fabege acquires three properties close to the station in Flemingsberg from Vincero Fastigheter.

Listed Swedish Company Looking at Self-Owned Coworking Concept

Sweden Sweden — With coworking booming on the Nordic markets another listed Swedish company is starting a self-owned coworking concept.

Fabege and TB Group to Create 130 New Residential Homes in Råsunda

Sweden Sweden — Fabege and the TB Group have signed an agreement to jointly develop approximately 130 tenant-owner apartments at the old Råsunda Stadium, next to Solna Centrum and the metro station. Fabege already owns the so-called “Dallashuset” (the property Lagern 3), which is being converted into attractive tenant-owner apartments. The TB Group has now acquired 50 per cent of the project and the parties have agreed to run a joint venture.

Fabege Sells to Pareto Company

Sweden Sweden — Fabege has divested the Lagern 4 property in Solna for MSEK 268 (EUR 26M) to one of Pareto's newly formed companies.

Fabege and Stordalen in New Major Project

Sweden Sweden — Arenastaden is continuing to expand, and demand for hotel rooms now significantly outstrips supply, largely due to growth in Solna’s tourist and hospitality industry quadrupling since the opening of Friends Arena and Mall of Scandinavia. Fabege and Nordic Choice Hotels are now together investing in another hotel in Arenastaden to offer visitors to the district additional accommodation alternatives.

Largest Swedish Transactions of Q1 2018

Sweden Sweden — The Swedish transaction market during Q1 2018 has dropped compared to last year. Still some larger transactions has been made and Nordic Property News has listed the ten largest in the first quarter.

Largest Rental Income Growth in Sweden

Sweden Sweden — How was the rental income evolve for the listed Swedish real estate companies in 2017? Nordic Property News presents a list of the rental income development.

Union Investment Looking for More Acquisitions

Sweden Sweden — Union Investment makes its third acquisition in Arenastaden, Stockholm with Fabege buy acquiring Uarda 6 for SEK 1.2 billion. With the transaction completed Union Investment looks for new Swedish investment opportunities. Kubilay Oezbisikletci, Senior Investment Manager Nordic Region, tells Nordic Property News of the acquisition of Uarda 6 and where in Sweden they wish to acquire more.

Fast Times at Uarda 6

Sweden Sweden — On Friday, Fabege announced the completion of its third transaction in Arenastaden to Union Investment. Fabege’s Vice President and Director of Business Development, Klaus Hansen Vikström, tells Nordic Property News of the fast transaction and what the next step will be in Arenastaden.