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  • Fastighets AB Balder
    Parkgatan 49 Box 53121, 411 38 Gothenburg
    +46 31 - 10 95 70
    http://www.balder.se

    • Quotes

    It is pleasing that we can now sum up this interest rate cycle with an unchanged rating, and an earnings capacity which, even after interest costs, is higher than before the interest rate hikes. It provides predictability for our bond investors which we believe is valuable.
    Ewa Wassberg, CFO
    We are grateful for the good collaboration with Peab, where we together have been able to create great value in Centur and which we now are able to divide between us. Operationally the transaction is undramatic since we already manage the properties, but the deal does strengthen Balder’s financial position and earning per share even regarding the directed cash issue we do in connection to the acquisition.
    Erik Selin, CEO
    This is a great investment opportunity that we are proud to be a part of. Together with Volvo Cars and Vectura, we want to create the best conditions for the automotive industry and future mobility.
    Erik Selin, CEO
    We have a long history together with Petter Stordalen and his prominent hotel group. The hotel building at Karlatornet is progressing according to plan and I am sure that it will be a fantastic concept and contribution to the district and Gothenburg
    Erik Selin, CEO
    We are pleased to welcome JumpYard to Heron City and Balder. JumpYard's establishment align perfectly with the shopping centre's original idea of offering different types of activities and will be a good complement to existing establishments. We are convinced that this venture will attract many visitors and look forward to many successful years together.
    Martin Berg, Regional Manager for Commercial Properties
    We are very positively about bringing in a strong public actor into the project which will contribute significant values to the development of the district.
    Erik Selin, CEO
    The updated green financing framework is aligned with Balder’s focus on an increased share of green financing.
    Ewa Wassberg, Head of Finance at Balder
    An important part of Balder’s heart and soul is to handle its property management operations in-house in order to better meet the needs of our tenants. The fact that we now have the possibility to also build up our own property management organisation in Finland is very satisfying.
    Sharam Rahi, Deputy CEO
    Inferno Online is totally in tune with the times and is offering something that appeals to many people but which until now has been missing in Gothenburg. The location on Avenyn is perfect and I am convinced that the gaming center will attract new target groups and more people to the city’s most fashionable street. We are very happy about the excellent collaboration with Inferno and look forward to following their journey.
    Kevin Holgersson, Regional Manager Commercial
    With its Science Park and innovation center, Lindholmen is an attractive area that we want to be part of. I am impressed by what has been achieved so far with Uni3 by Geely and am excited to be taking the next steps in its development together.
    Erik Selin, CEO
    We are very proud to be a part of Varvsstaden and together with Peab contribute to Malmö’s urban development. In Varvsstaden, the shipbuilding heritage is allowed to live on in a new era, and here recycling and sustainability are in focus, both when we renovate properties and build new ones. I consider the fact that a business with such a clear sustainability character as Position Green is choosing to establish here, as an acknowledgement that we are doing the right thing.
    Jesper Kristensen, Regional Manager
    It is very positive that such a long-term skilful investor as AMF Tjänstepension och Fonder choose to get involved in our company. AMF has extensive experience in corporate governance and Patricia Hedelius is a good addition to the regular nomination committee.
    Erik Selin, CEO
    We are very happy to have Klara in place. Her knowledge and experience will be very valuable in the work to achieve our sustainability goals. Klara will be the driving force in developing the sustainability reporting.
    Ewa Wassberg, Head of Finance
    For Balder, this new deal represents a natural development of our investment in Solvallastaden and Stockholm. We appreciate the excellent collaboration with Stockholms Travsällskap and the City of Stockholm and look forward to realising the plans together. It was our shared ambition to take advantage of Solvallastaden’s unique conditions and create a lively and attractive district.
    Erik Selin, CEO Balder
    At Balder we are very proud to be a part of this new and exciting district. The location is fantastic and through cooperation, and a common ambition to create a vibrant district, together we complete the plan for GoCo Health Innovation City. I look forward to seeing our three blocks filled with tenants.
    Erik Selin, CEO Balder
    The planning and construction of Karlastaden is proceeding on schedule and we see a demand that strengthens us in moving forward in collaboration with Serneke. Together, we want to further develop one of Scandinavia’s most exciting property development projects.
    Erik Selin, CEO Balder
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    Balder divests site leasehold right in Stockholm to AMF Fastigheter

    As of 21 November, Fastighets AB Balder has divested the site leasehold right Göta Ark 18 at Medborgarplatsen in Stockholm to AMF Fastigheter. The transaction is based on a site leasehold right value of SEK 1 billion and AMF Fastigheter will take possession in the beginning of January.Göta Ark 18 consist of approximately 19 500 square metres commercial area and primarily accommodates office spaces, but also a restaurant and a number of shops on the ground floor. Additionally, the zoning plan includes significant development rights, enabling further construction. Balder acquired the site

    S&P confirms Balder’s credit rating BBB and changes the outlook from negative to stable

    On 11 November S&P announced that they confirm Balder’s credit rating BBB and changes the rating outlook from negative to stable.A stable investment grade rating is important considering Balder’s strategy of having a broad funding base at a favourable cost. The company has a long track record in building a real estate business with a size and diversification, that is very well suited for both bond financing and secured bank loans. "It is pleasing that we can now sum up this interest rate cycle with an unchanged rating, and an earnings capacity which, even after interest costs, is higher

    Balder and Peab acquire properties from Centur

    Fastighets AB Balder has acquired properties valued at SEK 5.2 billion from its joint venture Fastighets AB Centur as of 1 November 2024. At the same time, Fastighets AB Centur divests properties valued at SEK 2.1 billion to Peab AB.Balder and Peab have signed an agreement to acquire properties from Centur. The agreement states that the investment properties are transferred to Balder while Peab takes over the project development properties. Through the acquisition Balder becomes the single owner of approximately another 30 properties. For Peab the acquired properties are primarily focused

    Balder announces directed issue of 18 million Class B shares raising proceeds of a little less than SEK 1.5 billion

    The board of directors of Fastighets AB Balder (publ) (“Balder”) has, based on the authorization granted by the annual general meeting on 3 May 2024, resolved to carry out a directed cash issue of 18 million Class B shares at a subscription price of SEK 82,42. per share.The shares in the new issue have been subscribed for by AMF, Länsförsäkringar and Hedin Group. Through the new issue, Balder will receive SEK 1,483,560,000 before issue costs which are estimated to amount to approximately SEK 50,000. The rationale for the share issue is to be able to capture investment opportunities,

    Fastighets AB Balder’s (publ) Interim report January-September 2024

    · Profit from property management for the period amounted to SEK 4,838m (5,009). Profit from property management attributable to the parent company’s shareholders amounted to SEK 4,486m (4,683m), corresponding to a decrease per share by 5% to SEK 3.84 (4.06). · Long term net asset value amounted to SEK 85.60 per share (89.74). · Rental income amounted to SEK 9,543m (8,855). · Profit after tax attributable to the parent company’s shareholders amounted to SEK -117m (-1,978) corresponding to SEK -0.10 per share (-1.71). Profit from property management for the period amounted

    Balder's nomination committee ahead of the 2025 Annual General Meeting

    Fastighets AB Balder’s (publ) Annual General Meeting on 3 May 2024 resolved that the nomination committee should be composed of one representative for each of the four largest owners or ownership spheres. Members of the nominations committee shall be published not later than six months before the Annual General Meeting 2025 and shall be based on the known ownership immediately prior to publication. In accordance with the resolution, the following nomination committee has been established, based on the ownership as of 30 September 2024 and known changes thereafter: · Jesper

    Invitation to presentation of Balder’s Interim report January-September 2024

    On 25 October at 08:00 (CET), Fastighets AB Balder (publ) will be publishing its Interim report for January to September 2024. The report will be published at balder.se . On the same day at 08:45, Balder’s CEO Erik Selin, CFO Ewa Wassberg and IR Jonas Erikson will be holding an online presentation and telephone conference that analysts, investors, media and other stakeholders are welcome to attend. The presentation will be held in English, and during the telephone conference there will be an opportunity for representatives from

    Fastighets AB Balder’s (publ) Interim report January-June 2024

    · Profit from property management for the period amounted to SEK 3,123m (3,302). Profit from property management attributable to the parent company’s shareholders amounted to SEK 2,897m (3,099m), corresponding to a decrease per share by 8% to SEK 2.48 (2.69). · Long term net asset value amounted to SEK 85.44 per share (91.12). · Rental income amounted to SEK 6,314m (5,838). · Profit after tax attributable to the parent company’s shareholders amounted to SEK 177m (-918) corresponding to SEK 0.15 per share (-0.80). Profit from property management for the period amounted to

    Invitation to presentation of Balder’s Interim report January-June 2024

    On 16 July at 08:00 (CET), Fastighets AB Balder (publ) will be publishing its Interim report for January to June 2024. The report will be published at balder.se . On the same day at 08:45, Balder’s CEO Erik Selin, CFO Ewa Wassberg and IR Jonas Erikson will be holding an online presentation and telephone conference that analysts, investors, media and other stakeholders are welcome to attend. The presentation will be held in English, and during the telephone conference there will be an opportunity for representatives from the

    Annual General Meeting in Fastighets AB Balder (publ)

    The Annual General Meeting (AGM) of Fastighets AB Balder (publ) was held on 3 May 2024 in Gothenburg. The AGM resolved in accordance with all the submitted proposals of the Board of Directors and the Nomination Committee.The English text is an unauthorized translation solely for convenience purposes. In case of inconsistencies between the Swedish and the English text, the Swedish text shall prevail. Christina Rogestam, Chairman of the Board, opened the AGM and was elected Chairman of the meeting. Balder’s CEO, Erik Selin, reported on the company´s operations during 2023. The income

    Fastighets AB Balder’s (publ) Interim report January-March 2024

    · Profit from property management attributable to the parent company’s shareholders amounted to SEK 1,402m (1,549), corresponding to a decrease per share by 10% to SEK 1.21 (1.34). · Long term net asset value amounted to SEK 84.46 per share (91.65). · Rental income amounted to SEK 3,129m (2,895). · Profit after tax attributable to the parent company’s shareholders amounted to SEK -595m (-51) corresponding to SEK -0.51 per share (-0.04). Profit from property management for the period amounted to SEK 1,513m (1,646). Profit from property management attributable to the parent

    Invitation to presentation of Balder’s Interim report January-March 2024

    On 3 May at 08:00 (CET), Fastighets AB Balder (publ) will be publishing its Interim report for January to March 2024. The report will be published at balder.se . On the same day at 08:45, Balder’s CEO Erik Selin, CFO Ewa Wassberg and IR Jonas Ericson will be holding an online presentation and telephone conference that analysts, investors, media and other stakeholders are welcome to attend. The presentation will be held in English, and during the telephone conference there will be an opportunity for representatives from the

    Balder publishes Annual and Sustainability Report 2023

    Fastighets AB Balder has summarised the fiscal year of 2023. The Annual and Sustainability Report, providing an overview of the group's progress towards financial and sustainability goals, is now available on the company's website.With a diversified property portfolio and high adaptability as a foundation, Balder consistently works broadly and purposefully to stand resilient. This was also the case in 2023. “2023 was in many ways similar to 2022. There is still turmoil in the external environment, contributing to continued global uncertainty. As a company, we are constantly adapting to

    Notice of the Annual General Meeting of Fastighets AB Balder (publ)

    The shareholders of Fastighets AB Balder (publ), corporate identity no. 556525–6905, (the ”Company”) are hereby invited to attend the Annual General Meeting (AGM) to be held on Friday, May 3, 2024 at 4 p.m. CET, at The West Sweden Chamber of Commerce, Parkgatan 49, Gothenburg. Registration for the AGM begins at 3 pm.The English text is an unauthorized translation solely for convenience purposes. In case of inconsistencies between the Swedish and the English text, the Swedish text shall prevail. Right to participate in the Annual General Meeting Shareholders who wish to participate in

    Balder’s nomination committee proposes election of new Chairman of the Board and Board member

    The nomination committee of Fastighets AB Balder (publ) has completed its work ahead of the Annual General Meeting on 3 May 2024. The nomination committee proposes that Sten Dunér be elected as new Chairman of the Board and that Carin Kindbom be elected as new Board member. The nomination committee proposes that current Board members Fredrik Svensson, Anders Wennergren and Erik Selin be re-elected.Christina Rogestam, who has been Chairman of the Board of Directors for 18 years, has declined re-election. The nomination committee has proposed that the new Chairman should be Sten Dunér, who

    Balder and Serneke have completed the sale of building rights in Karlastaden to Förvaltnings AB Framtiden

    Yesterday, Fastighets AB Balder and Serneke Group AB completed the sale of approximately 151,000 square meters of building rights in Karlastaden to Gothenburg's public utility property group Förvaltnings AB Framtiden. The transaction was completed in accordance with what was announced on January 22, 2024. For further information, please contact:Eva Jonasson, Media relations Fastighets AB Balder, tel. +46 (0)31-10 79 44, eva.jonasson@balder.seJohan Live, Public relations manager Serneke Group AB, tel. +46 (0)768 68 11 37, johan.live@serneke.se

    Change in the number of shares and votes

    According to previously published information, Fastighets AB Balder (publ) has carried out a directed issue of 18,000,000 Series B shares. The issue has resulted in a change in the number of shares and votes. The total number of shares as of February 29, 2024 amounts to 1,172,000,000 shares, of which 67,376,592 Series A shares and 1,104,623,408 Series B shares. The total number of votes amounts to 177,838,932.8, of which the Series A shares correspond to 67,376,592 votes and the Series B shares correspond to 110,462,340.8 votes. For further information, please contact:Erik Selin,

    Balder announces results regarding tender offer on outstanding hybrid capital securities

    Fastighets AB Balder (publ), via its subsidiary Balder Invest AB, has today announced the results of its invitation to holders of the hybrid capital securities, EUR 500 million 5.25 year non-call, first reset date 2 June 2026 (ISIN: XS2305362951) to tender their hybrid capital securities for purchase by Balder Invest AB for cash up to an aggregate principal amount of EUR 100 million (the “Tender Offer”). The results are as follows: ISIN First reset date Issued (EUR) Repurchased (EUR)XS2305362951 02-Jun-26 500.000.000 100.000.000 The expected Settlement Date

    Balder announces tender offer regarding outstanding hybrid capital securities

    Fastighets AB Balder (publ), via its subsidiary Balder Invest AB, has today announced an invitation to holders of the hybrid capital securities, EUR 500 million 5.25 year non-call, first reset date 2 June 2026 (ISIN: XS2305362951) to tender their hybrid capital securities for purchase by Balder Invest AB for cash up to an aggregate principal amount of EUR 100 million (the “Tender Offer”). The Tender Offer for the hybrid capital securities will be priced via an unmodified Dutch auction procedure with a minimum purchase price of 89.00 per cent. Expiration of the Tender Offer will be 17.00

    Balder announces directed issue of 18 million Class B shares raising proceeds of approximately SEK 1.2 billion

    The board of directors of Fastighets AB Balder (publ) (“Balder”) has, based on the authorization granted by the annual general meeting on 11 May 2023, resolved to carry out a directed cash issue of 18 million Class B shares at a subscription price of SEK 64.85 per share.The shares in the new issue have been subscribed for by AMF and Swedbank Robur. Through the new issue, Balder will receive SEK 1,167,300,000 before issue costs which are estimated to amount to approximately SEK 50,000. The proceeds enable the repurchase of up to EUR 200 million of Balder’s outstanding hybrid capital of

    Fastighets AB Balder’s (publ) year-end report January-December 2023

    · Profit from property management attributable to the parent company’s shareholders amounted to SEK 6,135m (6,139), corresponding to a decrease per share by 3% to SEK 5.32 (5.48).  · Long term net asset value amounted to SEK 85.06 per share (92.10).  · Rental income amounted to SEK 11,944m (10,521).  · Profit after tax attributable to the parent company’s shareholders amounted to SEK -6,746m (10,175) corresponding to SEK -5.85 per share (9.09). Profit from property management for the year amounted to SEK 6,549m (6,659). Profit from property management attributable to the

    Balder’s associated company Next Step Group in major collaboration to boost Sweden's competitiveness in sustainable mobility

    Vectura Fastigheter and Fastighets AB Balder’s associated company Next Step Group continue to invest, now in collaboration with Volvo Cars and Gothenburg City, to contribute to Sweden's international competitiveness. The companies plan to create a leading innovation cluster in sustainable mobility.The first property to undergo transformation into Mobility Innovation Destination Torslanda has already been initiated – serving as a hub for tomorrow's mobility solutions. “This is a great investment opportunity that we are proud to be a part of. Together with Volvo Cars and Vectura, we want

    Balder in transaction with Serneke – buys a hotel building in Karlatornet and sells building rights in Barkarby

    Fastighets AB Balder ("Balder") buys the hotel building in Karlatornet. At the same time, Balder sells 55,000 square meters of building rights in Veddesta, Järfälla municipality to Serneke.Via the joint company Karlatornet AB, Balder and Serneke completed a sale of Karlatornet's hotel building to Balder at the beginning of February. The purchase price amounts to approximately SEK 660 million, which corresponds to the underlying property value. With the transaction, Balder uses the option right. The hotel area is approximately 17,000 square meters and includes approximately 300 rooms

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