News | Nordic Property News

ARTICLES TAGGED WITH "Stefan Dahlbo"

The foreign investors' misjudgments of the Swedish market: "It's laughable"

Sweden — The highly debated Swedish transaction market has been healthy all the way through the last years – despite the slowdown – and foreign buyers have misjudged the whole situation. This is the opinion of the renowned panel – consisting of Stefan Dahlbo, Anneli Jansson, Sven-Olof Johansson, Joacim Sjöberg and Theodor Jarnhammar – who discussed the issue during the event Stora Kontorsdagen and who see signs of increased activity in the future.

Fabege CEO: "Convendum must mean someone else – our rents are at market level"

Sweden — That there is a storm surrounding Fabege's second largest tenant is unwelcome news when what is otherwise in focus for the third quarter is the downward trend in the occupancy rate. CEO Stefan Dahlbo comments on the situation with Convendum, the rumors surrounding Ericsson's possible move, as well as the outlook for both the project and the rental situation.

Dahlbo: "Time to prove ourselves after such a disappointing first half of the year"

Sweden — Fabege continues to report negative net rental in Q2 as well, and in total during the first half of the year the key figure lands at SEK -74 million, far short of the company's annual target of SEK 80 million. Fabege's CEO now believes that it will be difficult to reach that goal, and despite frustration over protracted discussions in the market, he is confident that the net rental will sort itself out during the second half of the year. Here he also comments on the negative impact on Arenabolaget and what effect the upcoming name change and Petter Stordalen may have its future.

Stefan Dahlbo: "We may see black swans flying around"

Sweden — A boring year. It is CEO Stefan Dahlbo's outlook for the market in 2024 that he shares at the presentation of the first quarter for Fabege. Two large vacancies and long lease negotiations are two of the factors that concern him.

Dahlbo: Next indexation will probably be tougher for some tenants

Sweden — Fabege delivered a stable Q3 when the results were revealed on Thursday, but the net rental was negative and the value of the properties continues to be written down, this time by almost SEK 1.6 billion. CEO Stefan Dahlbo expects the indexed rent increase for 2024 to land around six percent, and he believes that this increase may be tougher for more tenants to cope with compared to the one for 2023.

Sharp Report Drop for Fabege – But Dahlbo Sees Stability

Sweden — Fabege reported a substantial decline in management results in the fourth quarter of 2022 and the property portfolio was devalued by almost four billion SEK, the board also proposes a reduced dividend. The stock took a big hit on the stock exchange during Monday's trading and CEO Stefan Dahlbo took the opportunity to replenish his holdings during the dip. Together with the CFO Åsa Bergström, he tells more about how the company tackles what is expected to be a challenging 2023.

Fabege's CEO on Moody's Negative Outlook

Sweden — Fabege gets to keep its Baa2 rating, but Moody's has decided to change the company's outlook from stable to negative due to the rising market interest rates and the risk of the interest coverage ratio deteriorating. Fabege CEO Stefan Dahlbo tells Nordic Property News how he views the announcement and the company's future prospects.

Fabege Makes Large Purchase from Revelop

Sweden — Fabege acquires the property Kabelverket 2, consists of four office buildings with a floor space of approximately 22,000 sqm, in Älvsjö in Stockholm from Revelop for MSEK 812.

Fabege Signs a Long Lease in Stockholm South Business District

Sweden — Alfa Laval is to be Fabege’s first major new office tenant in Stockholm South Business District in Flemingsberg. The company will be leasing just over 17,000 sqm, with an option to lease additional office space.

Fabege Appoints New Director of Business Development

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 — 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 Appoints New Head of Technical Operations

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.

Capman Purchases Vacant Office Building from Fabege

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.

Fabege Granted Land Allocation Permit in Hammarby Sjöstad

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 Makes Large Stockholm Acquisition

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 — 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.

Capman Sells Office Property in Stockholm to Fabege

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

Fabege Signs Lease with Opera and Theatre

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.

Fabege Sells Landmark Building to Areim for EUR 337M

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.

Fabege's New CEO: "Surprised"

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