Fabege AB (STU:WILC)
€ 7.065 -0.06 (-0.84%) Market Cap: 2.24 Bil Enterprise Value: 5.23 Bil PE Ratio: 0 PB Ratio: 0.68 GF Score: 75/100

Q3 2024 Fabege AB Earnings Call Transcript

Oct 22, 2024 / 08:30AM GMT
Release Date Price: €7.7 (-0.58%)
Operator

Please go ahead.

Stefan Dahlbo
Fabege AB - President, Chief Executive Officer

(audio in progress) our presentation for the third-quarter 2024. The first slide you have seen before. It's about the focus we have on Stockholm, like we only have 100 properties from Stureplan to Flemingsberg. We have a little bit more than 1 million square meters and a total value of SEK78 billion. And as you now have seen in the report, the valuation this quarter was positive.

During the quarter, we had the pleasure of officially welcoming -- have some positive happenings. We have developments. We have welcomed Royal Swedish Opera, the Royal Dramatic Theatre to Flemingsberg. We're going to open a restaurant in Regulatorn in Flemingsberg. We have started the tenants to move in to Ackordet in Haga Norra, the garage in Haga Norra has finished, and so on and so on. The list can be quite long. But with that said, there are also some challenges.

Next slide, please. You see some of the figures for the third quarter. We have almost the same level of rental incomes, even

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