Fabege Ab (FBGBF)

Fabege AB is a real estate company in Sweden that focuses on commercial premises and property development. The Company manages and refines property stock, which evolves through sales and acquisitions. The company primarily operates in the Stockholm region, specifically in the inner city of Stockholm, Solna and Hammarby Sjostad. While the company's properties are predominately office/retail spaces, the company also owns industry/warehouses, and residential spaces. The Company's operations are segmented into two divisions: Property Management and Project & Development. Property Management includes staff members working with property management, environment, security, purchase, technique and marketing for the rental of existing properties and new projects. Project & Development is responsible for new construction and rebuilding projects, as well as the projects associated with investment properties. This division is comprised of three units: Development, Projects/Adaptations for Tenants and Projects/Implementation. Projects aimed at adding value to land usually run over a period of 10-15 years, and planning work is initiated in partnership with the local authority. The company's business model covers acquisitions, improvement, property management, and sales. The Company acquires properties exhibiting growth potential, improves project properties to develop property potential, manages properties to increase occupancy rates and net operating income, and sells properties with limited growth potential.