FLEMING PROPERTIES AB
NNGM:FLMNG5.20
SEK
0.00
(0.00%)
ISIN
SE0013042561
Return %
Stock
S&P 500
1Y
-10.34
14.20
3Y
-73.36
81.12
5Y
-91.10
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Thomas Lindström
- Full Time Employees
- 1
- Sector
- Finance
- Industry
- Real estate development
- Address
- Stockholm Sweden
- IPO Date
- Oct 14, 2019
- Website
- flemingproperties.se
- Similar Companies
- Business
- Fleming Properties AB is a Sweden-based real estate company engaged in the acquisition, ownership, long-term leasing, and asset management of commercial real estate assets. Founded in 2019 and headquartered in Stockholm, Sweden, the company operates within the Nordic commercial property sector, with core geographic operations centered in the Vallila business district of Helsinki, Finland. The company’s property portfolio comprises a landmark commercial office complex spanning approximately 41,000 square meters of lettable space across two connected office buildings and an integrated underground parking garage facility. Fleming Properties AB provides a systematic portfolio of real estate and commercial leasing services, including; prime commercial office space leasing; long-term lease contract administration and tenant relationship management; multi-level underground parking and vehicle storage facility management; comprehensive facilities maintenance, technical operations, and infrastructure management; customized interior space fit-outs, refurbishments, and office adaptation services; building automation, heating, ventilation, and energy efficiency optimization; and corporate asset management conducted through its operating subsidiaries. The company primarily serves large corporate enterprises, institutional bodies, and retail conglomerates, with SOK (Suomen Osuuskauppojen Keskuskunta), the central operating entity of Finland’s S Group, acting as the long-term anchor tenant occupying approximately 90% of the aggregate lettable area. In recent corporate developments, Fleming Properties AB completed a capital-raising rights issue to bolster balance sheet liquidity and support ongoing financial flexibility, which resulted in principal shareholder Colony Real Estate increasing its equity holding past the mandatory takeover threshold and subsequently launching a mandatory public cash takeover offer for all remaining shares. Commercially, Fleming Properties AB finalized a major 10-year lease extension agreement with anchor tenant SOK, locking in occupancy for the Helsinki headquarters complex through December 31, 2040, and securing approximately EUR 83 million in total contracted rental revenue. In parallel, the company has actively implemented debt refinancing initiatives to optimize its capital structure against upcoming maturities while continuing targeted investments in building sustainability, technical modernization, and property-level energy performance enhancements.