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Fabege AB (FABG.ST)

FABG.ST on Stockholm Stock Exchange

139.70SEK
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Latest Key Developments (Source: Significant Developments)

Fabege: Naturvårdsverket to become tenant in project in Hammarby
Tuesday, 21 Mar 2017 02:53am EDT 

Fabege AB : Signed an agreement with Naturvårdsverket on moving to Trikåfabriken in Hammarby Sjöstad . Green lease contract concerns 7,700 sqm, with an annual rent of around 24 million Swedish crowns ($2.7 million) excluding supplements and runs for 6 years .Move is planned for spring 2019..  Full Article

Fabege issues SEK 300 mln green bonds
Thursday, 9 Feb 2017 01:50am EST 

Fabege AB : Has issued 300 million Swedish crowns ($33.91 million) under framework of its Green MTN programme subject to special conditions with regard to sustainability and environment . Transaction was more than four times oversubscribed . Bonds carry an interest rate of STIBOR 3 months + 1.15 pct and will expire on Sept. 16 .Bonds with total value of 1.20 billion crowns have so far been issued.  Full Article

Fabege issues green five year bond via SFF
Tuesday, 7 Feb 2017 03:10am EST 

Fabege AB : Issues green five year bond via Svensk FastighetsFinansiering AB (SFF) . Bond expires on Feb. 20, 2022, and has a spread of 3 months STIBOR plus 135 bps .Says has outstanding bonds totaling 2.70 billion crowns via SFF, of which 2.01 billion relates to Green bonds.  Full Article

Fabege Q4 rental income up at SEK 532 million
Thursday, 2 Feb 2017 06:00am EST 

Fabege AB : Q4 rental income 532 million Swedish crowns ($61.1 million) versus 505 million crowns year ago . Q4 net operating income 382 million crowns versus 349 million crowns year ago . Q4 loss from property management 166 million crowns versus profit 172 million crowns year ago . Q4 profit before tax 3.51 billion crowns versus 1.60 billion crowns year ago .Proposes 2016 dividend of 4.0 crowns per share.  Full Article

Fabege signs lease with Snow Software
Monday, 9 Jan 2017 02:04am EST 

Fabege Ab : Says has signed a lease with Snow Software AB, which is relocating its Swedish head office to Solna Business Park .Fabege and Snow Software have signed a green seven-year lease covering about 4,100 sqm at an annual rent totalling just over 11 million Swedish crowns ($1.21 million).  Full Article

Fabege acquires HagaHuset
Tuesday, 20 Dec 2016 07:00am EST 

Fabege AB : Fabege acquires HagaHuset . Purchase price of Fortet 2 (HagaHuset) is 172 million Swedish crowns ($18.4 million) .Fabege will gain access as of Feb. 1 2017.  Full Article

Fabege closes acquisition deal with Peab
Friday, 25 Nov 2016 02:23am EST 

Fabege AB : Fabege closes deal with Peab . To acquire Peab's 50 pct stake in Visio . Will own 100 pct cent of Visio . Purchase consideration for shares in Visio amounts to preliminary figure of 300 million Swedish crowns ($32.48 million) . Visio will be consolidated into Fabege group . Is also acquiring Distansen 4, 6 and 7 properties in Ulriksdal from Peab . Purchase consideration for Distansen totals 570 million crowns .Handover will take place in January 2017.  Full Article

Fabege increases ownership in Friends Arena
Friday, 25 Nov 2016 02:00am EST 

Fabege AB : Takes on greater responsibility for Friends Arena . Fabege is to acquire City of Solna, Peab and Jernhusen's stakes in Arenabolaget i Solna KB . Says will together with Swedish Football Association (SVFF) pursue continued development of arena . Fabege's net exposure in balance sheet remains unchanged . Estimated impact on earnings in 2017 is expected to improve in comparison with outcome for 2016 . Fabege and SVFF, as equal parties with an equal interest, will have joint responsibility for future development of ABS .ABS will not be consolidated into Fabege group.  Full Article

Fabege borrows SEK 700 mln within green framework of Nya Svensk Fastighetsfinansiering
Friday, 18 Nov 2016 02:00am EST 

Fabege AB : Borrows 700 million Swedish crowns ($75 million) within green framework of Nya Svensk Fastighetsfinansiering . Nya SFF issued 700 million crowns at a spread of 3 months Stibor plus 80 bps .Bond will expire on Dec. 3 2018.  Full Article

Fabege says sells Uarda 7 Arenastaden
Thursday, 17 Nov 2016 12:14am EST 

Fabege Ab : Says sales price amounts to SEK 1.184 mln . Says transaction will generate a gain of SEK 104 mln before tax and sek 190 mln after tax, which will be recognised in Q4 of 2016 . Fabege sells Uarda 7, Arenastaden Further company coverage: [FABG.ST].  Full Article

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BRIEF-Fabege: Naturvårdsverket to become tenant in project in Hammarby

* Signed an agreement with Naturvårdsverket on moving to Trikåfabriken in Hammarby Sjöstad