Fabege (FABG) Kvartalet Live 2026 summary

Portfolio overview

• Focus on Stockholm with 1.3 million sqm lettable area and property value of SEK 79 billion.

• 84% of portfolio is office space, with remaining in logistics, retail, hotel, and other segments.

• Largest geographic exposure in Solna (48%) and Innerstaden (37%).

Customer base and lease structure

• Around 700 customers with an average contract length of 5.5 years.

• Top 10 customers account for 29% of contracted rent, with WAULT of 9.4 years.

• Largest tenants include SEB, Saab AB, and Convendum, with leases extending up to 2047.

Financing and capital structure

• Total debt of SEK 34.6 billion and unused credit facilities of SEK 6 billion.

• Loan-to-value ratio at 43% and 99% of financing is green.

• Recent bond issue of SEK 350 million at 110bp margin, 5-year maturity.

• Moody's Baa2 rating with stable outlook.