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Fabege AB ( (SE:FABG) ) has shared an update.
Fabege AB has announced the sale of 7,800 square meters of development rights in the Paradiset 23 property in Västra Kungsholmen to Besqab for SEK 200 million. This transaction, which includes residential and commercial building rights, is expected to complete in May 2026 and aligns with Fabege’s strategy to focus on office development while contributing to the area’s residential growth.
The most recent analyst rating on (SE:FABG) stock is a Sell with a SEK57.30 price target. To see the full list of analyst forecasts on Fabege AB stock, see the SE:FABG Stock Forecast page.
More about Fabege AB
Fabege AB is a company focused on developing commercial properties in the Stockholm area. It emphasizes sustainable and innovative development, aiming to create value by fostering thriving locations and communities. Fabege is listed on Nasdaq Stockholm in the Large Cap segment.
Average Trading Volume: 615,140
Technical Sentiment Signal: Strong Sell
Current Market Cap: SEK24.41B
Find detailed analytics on FABG stock on TipRanks’ Stock Analysis page.