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History

The Annual General Meeting of 9 May 2005 decided in accordance with the Board's proposal to change the name of the Company from Wihlborgs Fastigheter AB to Fabege AB. This occured as a result of the impending distribution of the Company's property portfolio in the Öresund region under the Company name Wihlborgs Fastigheter AB.

The following section presents the history underlying the development of the property portfolio in the Öresund region. The company referred to below as Wihlborgs Fastigheter AB up to 2005 is the current Fabege AB.

1924 Master builder O P Wihlborg established a building company in Malmö that provided the name for Wihlborgs Fastigheter AB. For a protracted period, the Company built, owned and administrated properties in Malmö.

1985 Building operations are sold to the Active Group, based in Malmö, and the Company becomes a traditional property company.

1990 Wihlborgs Fastigheter AB is listed on the Stockholm Stock Exchange's O-list. Peab AB becomes the new majority shareholder in Wihlborgs Fastigheter.

1993 In conjunction with a new share issue of SEK 371 million, Wihlborgs Fastigheter AB acquires 33 properties in Sweden, of which 22 properties are located in Malmö and Helsingborg. Bergaliden becomes the new major shareholder in Wihlborgs Fastigheter.

1995 Fastighets AB Stillman is acquired and Wihlborgs Fastigheter gains properties in  Malmö, Lund and Landskrona with  total lettable area of 44,000 sq.m.

1996 Wihlborgs Fastigheter aquires 76 properties with total lettable area of 178,000 sq.m. from Retriva (currently Kungsleden). Wihlborgs Fastigheter and Fastighets AB Storheden conduct an exchange of properties, through which the Company takes over 35 properties in Skåne with lettable area of 78,100 sq.m. The Board of Directors in Wihlborgs Fastigheter AB makes a public offer to aquire M2 Fastigheter AB on 22 November 1996, involving the aquisitions of properties with lettable area totalling 364,000 sq.m.
The company etablishes a presence in Denmark through the acquisition of two properties.

1997 During the spring, Wihlborgs Fastigheter completes the acquisition of M2 Fastigheter AB. On 14 September 1997, the Board of Directors in Wihlborgs Fastigheter AB makes a public offer to acquire Klövern Fastigheter AB.

1998 Wihlborgs Fastigheter completes the acquisition of Klövern Fastigheter AB and gains properties in Malmö and Helsingborg, as well as in other parts of Sweden and the Netherlands, with total lettable area of 934,000 sq.m. On 14 April 1998, Wihlborgs Fastigheter AB makes an offer for Fastighets AB Storheden. As a result, the Stockholm area becomes a key part of the Company's operations.

2000 JM, Peab and Wihlborgs Fastigheter AB establish a new, joint development company for the development of the Dockan district in Western Harbour, Malmö.

2004 Wihlborgs Fastigheter AB acquires the Stockholm-based property company, Fabege AB. In December, the Board of Directors in Wihlborgs Fastigheter AB proposes that the Annual General Meeting of 9 May 2005 approve the distribution and separate listing accordance with Lex ASEA of the property portfolio in the Öresund region.

2005 The distributed company is given the name Wihlborgs Fastigheter AB and the distributing company changes its name to Fabege AB. 23 May 2005 Wihlborgs Fastigheter AB is listed on the Stockholm Stock Exchange’s O-list.

2006 Wihlborgs acquires 14 properties in Malmö with a total lettable area of 182,000 sq.m. from Tornet. Wihlborgs acquires Ideon AB in Lund by purchasing 40 per cent of the shares.
In April 2009 Wihlborgs acquires the remaining 60 per cent of the shares. The purchase includes the property Betahuset at Ideon (Vätet 1) totalling 24,000 sq.m. During May Wihlborgs implements a 2:1 share split, one old share was replaced with two new shares.

2007 Wihlborgs continues to invest in Lund and sets up a new office at Ideon. An agreement is signed with Mercedes on the construction of a new Nordic head office at Dockan.

2008 Wihlborgs leaves Germany in connection with the sale of the remaining office property at Lippeltstrasse in Hamburg. Agreements are signed with ÅF and Region Skåne for two new office properties at Dockan. An agreement is signed with Honda on the construction of a new head office at Svågertorp. Wihlborgs acquires the Scandinavian Center property in Malmö of 8,000 sq.m. Wihlborgs continues with the repurchase of its own shares and acquires 1,217,000 of them. Its holding at the end of the year was 2,214,350 shares.

2009 Wihlborgs acquires Gängtappen at Dockan and the new SVT building located in Varvsstaden. A lease agreement is signed which means that Wihlborgs will be carrying out the rebuilding and extension of the present Comfort Hotel Malmö within Slagthuset. Wihlborgs acquires the remaining 60 per cent of the shares in Ideon. Wihlborgs disposes of 1,250,000 of its own repurchased shares at a price of SEK 128,50 per share. Wihlborgs' average acquisition value for the repurchased shares amounts to SEK 98 per share.   

2010 Wihlborgs, in partnership with Peab, wins the contract for the Maxlab IV research centre in Lund. In central Helsingborg, the Knutpunkten centre, measuring 18,500 sq.m. of offices, travel centre, shops and restaurants, is acquired. The Bytarebacken 39 property in central Lund, with a total area of 15,400 sq.m. of shops and offices, is acquired. Wihlborgs kicks off a new project at Dockan, the construction of Media Evolution City. The development is intended to attract a range of business in the media sector. 

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