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Fabege AB (publ) (FBGBY) Q1 2026 Earnings Call Transcript
2026-04-24 · via All Articles on Seeking Alpha

Fabege AB (publ) (FBGBY) Q1 2026 Earnings Call April 23, 2026 3:00 AM EDT

Company Participants

Bent Oustad - CEO, President
Åsa Bergström - VP, CFO & Company Secretary

Conference Call Participants

Johan Edberg - Handelsbanken Capital Markets AB, Research Division
Jan Ihrfelt - Kepler Cheuvreux, Research Division
Lars Norrby - SEB, Research Division
Nadir Rahman - UBS Investment Bank, Research Division
John Vuong - Kempen & Co. N.V., Research Division

Presentation

Bent Oustad
CEO, President

Good morning, and welcome to Fabege's Q1 Report 2026. My name is Bent Oustad, I'm the CEO of Fabege. And with me today, I have Asa Bergstrom, our CFO. We run through some presentation first and then we go over to Q&A after the presentation.

Just a short recap from last quarter. We still own a modern portfolio with focus on Stockholm occupied by high-quality tenants. And as you all know, we own, we develop and we manage our properties with in-house personnel. We are focusing on creating attractive working places and a good living in superb locations in Stockholm, and as they also know I'm very much aware of, that's the best growing region in Sweden.

Our rental value at the end of Q1 is SEK 4.4 billion in the portfolio and the number of square meters is 1,300,000 approximately. The property value is at SEK 78.6 billion at the end of the quarter.

Just to go through again some of our strengths in the company that I see out there my four first months. It's definitely our customers. We have a very high customer satisfaction index. It's highlighted there by a strong track record in serving our customers needs, and that's important also going forward and in all our renegotiations. 95% of our tenants say that they would recommend Fabege as a landlords. That's positive for us, and we have to keep that