- CEO
- Christopher Johansson
- Full Time Employees
- 80
- Sector
- Finance
- Industry
- Real estate development
- Address
- Sturegatan 38 Stockholm AB Sweden 102 14
- IPO Date
- Feb 16, 1994
- Business
- FastPartner AB (publ) (FPAR-A.ST) owns, develops, and manages a diversified portfolio of commercial properties primarily in Sweden's major metropolitan areas, with approximately 78% of rental value concentrated in Stockholm and surrounding Mälardalen region; operations extend to Gävle, Gothenburg, Norrköping, Malmö, Uppsala, and other locations. The company offers leasing of office space (45% of rental value), logistics and warehousing (17-18%), retail and restaurants (13%), healthcare and schools (13%), industry and manufacturing (6-7%), residential and hotels (3%), and other premises; properties total 1.57 million square meters lettable area valued at SEK 33.9 billion as of mid-2025, serving technology, service, industrial companies, startups, municipal services including care homes, schools, government administrations, healthcare providers, and recent tenants such as Conapto for data centers, Vattenfall, Swedish Prison and Probation Service, Willys, and Region Östergötland. Founded in 1984 and headquartered at Sturegatan 38 in Stockholm, FastPartner operates through three regional units with 79-84 employees and is a subsidiary of Compactor Fastigheter AB, led by CEO Sven-Olof Johansson. Recent developments include the August 2024 acquisition of Söder 37:5 property in Gävle (1,167 sqm); sales of Skultuna 1, 2, and 5 properties in Stockholm in April 2024 and Märsta 25:1 land in October 2024, realizing gains of 26% and 36% over carrying values; SEK 230 million invested in existing properties through September 2024 for tenant adaptations, new builds like server halls for Conapto and DIY stores for Beijer, and environmental certifications under BREEAM/Miljöbyggnad aligned with EU Taxonomy; ongoing projects totaling SEK 792 million with SEK 290 million remaining, including phase 2 data center expansions; development rights portfolio of 417,000-430,000 sqm valued at SEK 642-726 million; redemption of SEK 1.1 billion bond in March 2024; share repurchases; and credit rating updates with Moody's at Ba3 positive outlook (February 2025) and Scope at BB positive (August 2024), alongside targets for SEK 1.1 billion rolling profit from property management by end-2025, 75% surplus ratio, and enhanced sustainability metrics.