Fabege's Annual and Sustainability Report for 2021
2021 was another strong year for Fabege. During the year, the company completed, among other things, the largest office lease in Sweden and a strategic acquisition of SHH Bostad. At the turn of the year, Fabege had 94 properties with a total of 1,247,000 sq.m. of lettable area, valued at more than SEK 83.3 billion. The Board proposes an increased dividend of 11 percent to SEK 4.00 / share
"The year 2021 can be summarised as a good year, both for us at Fabege and for our customers. We have seen an active rental market with many inquiries, negotiations and signed leases. The property market has been robust with falling yield requirements and strong interest in the properties that have come up for sale. I am pleased that we have seen increased rental income, stronger net operating income and good value growth in our property portfolio", comment Stefan Dahlbo, CEO Fabege.
Read more about our activities in the Annual and Sustainability Report for 2021, which is available on our website www.fabege.se/en/annualreport2021.
For further information, please contact:
Åsa Bergström, Vice President and CFO, +46 (0)8 555 148 29, asa.bergstrom@fabege.se
Peter Kangert, Head of Investor Relations, +46 (0)8 555 148 40, peter.kangert@fabege.se
With a focus on commercial properties, Fabege develops attractive locations in the Stockholm area. We are a present partner that puts people front and centre. Our innovative, responsible and flexible ethos enables companies, locations and our city to develop and thrive. We take a long-term approach in our perspective and ownership. We know that when we create sustainably, we also create value. The Fabege share is listed on Nasdaq Stockholm, in the Large Cap segment. For further information, please visit us at www.fabege.com.
