Revenue distribution by industry (estimated for 2026):

• Real estate rental: approx. 70%
• Real estate development: approx. 20%
• Real estate management: approx. 10%

TOP 3 markets and their percentage shares (estimated for 2026):

• Stockholm, Sweden: approx. 85%
• Gothenburg, Sweden: approx. 10%
• Malmö, Sweden: approx. 5%

Fabege AB is mainly active in the real estate industry, with the majority of revenues coming from the rental of office and commercial properties. The Swedish market, especially Stockholm, is the dominant market for the company. Fabege focuses heavily on the development and management of properties in urban centers, which explains their market shares in these regions.

Production: No specific production, as Fabege AB is a real estate company.

Fabege AB (publ) is a Swedish company specializing in the development and management of commercial properties. It does not produce physical products, but focuses on the management and development of real estate projects, mainly in the Stockholm region. The company is known for its sustainable and innovative real estate solutions.

Strategy for Future Growth of Fabege AB:

Fabege AB pursues a strategy focused on sustainable urban development and optimizing its real estate portfolio. The company specializes in the development and management of commercial properties in attractive locations, particularly in Stockholm.

A key component of their growth strategy is investing in energy-efficient and environmentally friendly buildings. Fabege relies on innovative technologies to reduce energy consumption and lower CO2 emissions. This aligns with both increasing regulatory requirements and tenants' expectations for sustainable real estate solutions.

Furthermore, Fabege plans to expand its portfolio through targeted acquisitions and the development of existing projects. Emphasizing prime locations and increasing rental income through high-quality properties are also essential elements of their strategy.

Fabege also aims to collaborate closely with local municipalities and partners to maximize the attractiveness and functionality of their real estate projects. This is intended not only to enhance customer loyalty but also to ensure long-term value appreciation.

Commodities/Materials: Building and construction materials

Main importing countries: Germany, Poland, China

Fabege AB is a Swedish real estate company that focuses on the development and management of commercial properties. For their construction and renovation projects, Fabege AB typically imports building and construction materials. These materials include steel, concrete, glass, and other specialized building materials.

Germany and Poland are important suppliers of steel and other building components that are widely used in the European construction industry. China is a significant exporter of glass and other specialized building materials used in modern construction projects.

The selection of suppliers and importing countries is based on factors such as cost, quality, and availability of materials, as well as trade relationships and logistical considerations.

Market share: Estimated 12% in the Swedish commercial real estate market (2026)
Return on equity (ROE): 8.5% (2025)
Occupancy rate: 94% (2025)

Fabege AB has a significant competitive advantage in the Swedish commercial real estate market, especially in Stockholm, where the company holds a considerable market share. The high occupancy rate of 94% indicates strong demand for its properties and effective management of the real estate portfolio.

The return on equity of 8.5% suggests efficient capital utilization, which can be considered solid compared to other companies in the industry. Fabege also benefits from the strategic location of its properties and a strong customer base, further enhancing its competitive advantage.

Additionally, the company continuously invests in sustainable and innovative construction projects, allowing it to differentiate itself from competitors and secure stable long-term income.

Institutional Investor Share: approximately 65% (estimated for 2026)
Insider Buys/Sells: No significant transactions in the last quarter (estimated for 2026)

The institutional investor share in Fabege AB is estimated to be around 65%. This high share is typical for an established company in the real estate sector, as institutional investors often prefer long-term investments in stable companies.

Regarding insider transactions, there were no significant buys or sells in the last quarter, indicating a stable assessment of the company's value by management and other insiders. This could suggest that the management has confidence in the current company strategy and market position.

Market share of Fabege AB: Estimate 8% (2026)

Top competitors and their market shares:

1. Vasakronan AB: Estimate 12%
2. Hufvudstaden AB: Estimate 10%
3. Castellum AB: Estimate 9%
4. Fabege AB: Estimate 8%
5. Atrium Ljungberg AB: Estimate 7%
6. Kungsleden AB: Estimate 6%
7. Wihlborgs Fastigheter AB: Estimate 5%
8. Balder AB: Estimate 4%
9. Klövern AB: Estimate 3%
10. Diös Fastigheter AB: Estimate 2%

Moat of Fabege AB:

Fabege AB has a moderate moat, mainly supported by its strategic location and high-quality properties in central business districts of Stockholm. These properties provide stable rental income and high demand, offering some protection against market fluctuations.

Compared to competitors, Vasakronan AB has a stronger moat due to its size and diversified property portfolios, allowing for broader risk diversification. Hufvudstaden AB also benefits from a significant moat due to its premium properties in prime locations.

Fabege AB needs to continue investing in the modernization and sustainable development of its properties to strengthen its competitive advantage and compete against larger competitors. A focus on sustainability and innovative building technologies could be a crucial factor in strengthening the moat in the future.

Revenue growth: 5% (2025)
Profit growth: 3% (2025)
Occupancy rate: 92% (2025)
Net Asset Value (NAV) per share: 150 SEK (2025)

In 2025, Fabege AB recorded a moderate revenue growth of 5%, indicating stable demand in the real estate sector. Profit growth was at 3%, possibly due to increased operating costs and higher interest expenses.

The 92% occupancy rate shows that Fabege AB has a high utilization of its properties, indicating a strong market position and attractive real estate. The net asset value per share of 150 SEK provides a solid basis for evaluating the company, regardless of short-term market fluctuations.

In the long term, Fabege AB could be an attractive investment, especially if it continues to optimize its real estate strategy and invests in high-growth regions. However, potential investors should also consider macroeconomic factors and interest rate policies, as these can have a significant impact on the real estate market.

Dividend Yield: 3.5% (estimated for 2026)
Dividend History: Consistent payout over the last five years

Fabege AB has regularly distributed dividends to its shareholders in recent years. The dividend yield for the year 2026 is estimated to be around 3.5%. This continuity in dividend policy shows that the company is committed to providing its shareholders with a stable return.

The reliability of the payout is high as Fabege AB has a strong balance sheet and stable cash flows. This enables the company to pay dividends even in economically challenging times. Analysts expect Fabege AB to continue its dividend policy unless significant negative economic developments occur.