View Annual Report

Total Page:16

File Type:pdf, Size:1020Kb

View Annual Report ANNUAL REPORT 2018 Urban development Fabege develops long-term sustainable city districts. Our concept isn’t primarily about constructing buildings. It’s about creating the conditions to help people and companies thrive. So we like to see ourselves as a key player in boosting competitive edge for our customers. People have so much to fit into their day: fetching, dropping off, taking exercise, running errands. And then on top of that we need to work too. Our aim is to make it as simple as possible for our customers’ employees to achieve a healthy work-life balance. So we can never think small. We have to look at the bigger picture. The whole company. The whole area. The whole person. All the time. Our districts • STOCKHOLM INNER CITY • HAGA NORRA • HAMMARBY SJÖSTAD • SOLNA BUSINESS PARK • ARENASTADEN • FLEMINGSBERG Fabege Annual Report 2018 89 SEK 3.0 billion 1,252,000 sqm PROPERTIES RENTAL VALUE LETTABLE AREA 181 SEK 67. 6 billion every 10th sqm EMPLOYEES PROPERTY VALUE OF OFFICE SPACE IN STOCKHOLM 60 % 71% 428,000 sqm PROPORTION OF PERCENTAGE GREEN LEASES COMMERCIAL DEVELOPMENT RIGHTS GREEN FINANCING OF TOTAL SPACE Fabege Annual Report 2018 CONTENTS INTRODUCTION 2018 in figures 2 Highlights of the year 4 Message from the CEO 6 Value creation 8 2018 in figures Targets and results 10 Business model 13 Employees 14 OPERATING ENVIRONMENT AND MARKET 161 Building a sustainable Stockholm 16 % % Responding to changes in society 18 88 82 Stockholm – Sweden’s growth engine 20 Great Place To Work Environmental certifications 88 per cent of our employees All new builds and major redevel- URBAN DEVELOPMENT would recommend us as an opments are to be environmentally Developing an attractive location 22 employer. certified according to BREEAM-SE. Stockholm inner city 24 82 per cent of the existing portfolio of Hammarby Sjöstad 25 investment properties, excl. develop- Haga Norra 26 ment properties, was environmentally Arenastaden 27 certified at the end of 2018. Solna Business Park 28 Flemingsberg 29 Projects 30 Sustainability performance measures 2018 2017 Change, % OPERATIONS Energy performance, kWh/sqm LOA 108 110 –2 Property Management business area 36 Environmental certification, number of properties 56 36 56 Property Development business area 38 Environmental certification, proportion of total space, % 82 61 34 Transactions business area 40 Energy and environment 43 Green leases, proportion of newly-signed space, % 90 96 –6 Sustainable relationships 46 Green leases, proportion of total office space, % 71 55 29 Green financing, % 60 47 28 FINANCIAL REPORTING Directors’ Report 49 Financing 52 Risks and opportunities 54 Group 61 Statement of comprehensive income 61 Statement of financial position 62 Statement of changes in equity 63 Statement of cash flows 64 Parent Company 65 Profit and loss accounts 65 Balance sheet 65 Statement of changes in equity 66 Statement of cash flows 66 Notes 67 Corporate Governance Report 82 Message from the Chairman 82 Executive Management Team 91 Board of Directors and Auditor 92 Signing of the Annual Report 94 Auditor’s Report 95 OTHER INFORMATION Sustainability notes 98 Key ratios 98 GRI index 99 Sustainability Report in accordance with Swedish 101 Annual Accounts Act Limited assurance review of the Sustainability Report 102 Five-year summary 103 Reconciliation of key ratios 104 The Fabege share 106 Property portfolio 110 Property listing 112 Definitions 119 Annual General Meeting and registration 120 Audited financial information Sustainability information reviewed in brief Information about Fabege’s sustainability work is detailed under each operating segment and management of sustainability issues is described in the Corporate Governance Report. For further information about Fabege’s sustainability work, visit www.fabege.se. Sustainability information that has been subjected to a limited assurance review by the auditors is provided in the GRI index on pages 99–100. Information about Fabege’s sustainability management (MAD) can be found at www.fabege.com/MAD. Cover photo: Architectural rendering of the new roof terrace at Apotekaren 22. This is a translation of the Swedish original. In case of any inconsistency between the Swedish and the English version, the Swedish version shall prevail. 2 TOTAL RETURN ON THE PROPERTY PORTFOLIO, % PROPERTY VALUE SEK 67.6 BILLION 2018 in figures 25 Net operating income plus realised and 20 unrealised changes in the value of properties, 15 divided by market value at the start of the 10 year plus investments 5 for the period. 0 14 15 16 17 18 n Financial key ratios 2018 2017 Change, % Solna 47% n Inner city 41% Rental income, SEKm 2,517 2,280 10 n Hammarby Sjöstad 9% Net operating income, SEKm 1,875 1,680 12 n Other markets 3% Profit/loss after tax for the year, SEKm 7,699 5,632 37 Return on equity, % 24.5 22.1 11 Loan-to-value ratio, properties, % 39 43 9 Interest coverage ratio, multiple 3.7 3.2 16 Debt/equity ratio, multiple 0.8 0.9 11 Equity/assets ratio, % 51 47 9 Surplus ratio, % 74 74 0 Earnings per share before and after dilution, SEK 23.28 17.03 37 Dividend per share1), SEK 2.65 2.25 18 1) Relates to proposed dividend. GOOD REASONS TO OWN 3 FABEGE SHARES Focus on urban development and commercial properties As a result of recent years’ efforts to concentrate our property portfolio to selected geographical areas and our focus on the office market, we are now one of the most specialised property companies in the Swedish property market. Clear geographical concentration – we are developing Stockholm The fact that we have a presence in a select number of fast-growing submarkets in the Stockholm area creates many advantages. It means we have a good knowledge of the market and efficient management. Stockholm is the Swedish economy’s growth engine and demand for modern offices is expected to rise. Significant potential in project portfolio We are Stockholm’s largest developer of office properties and in recent years we have accounted for over 50 per cent of all new office production in the Stockholm region. We have 428,000 sqm of commercial develop- ment rights left in our portfolio still to develop. 3 HIGHLIGHTS OF THE YEAR Significant events 2018 was an very successful year, with a high number of completions and some major company relocations. This makes us one of the biggest office developers in Sweden. We continued to develop our sustainability work, and 82 per cent of the property portfolio is now environmentally certified, along with all major new builds. PROJECTS FINANCING High degree of completion External rating and numerous relocations from Moody’s 2018 featured a considerable number of company relocations. In Arenastaden, the remaining SEB In February, Fabege received an investment employees moved in, which means that 4,500 SEB employees have now joined the district. Mobile grade rating from Moody’s of Baa3, stable operator Three, Telenor, Migrationsverket and ICA also moved into our properties during the year. A outlook. Fabege has for many years been total of 126,000 sqm of space was reclassified from projects to property management during the year. active on the capital market via both a green unsecured MTN programme and a commercial paper programme. The com- pany is also able to access covered bond financing via Svensk Fastighetsfinansiering (SFF). At year-end, capital market financing amounted to SEK 11 billion, or 42 per cent of total borrowings. The framework for the green MTN pro- gramme was expanded during the year from SEK 5 billion to SEK 8 billion, and at year-end, SEK 6 billion was outstanding with maturities of up to seven years. Our ambition is to increase our capital market financing via the green bond programme, and the credit rating and sustainability requirements allow us to obtain financing on more favourable terms. “Return in our projects 98 per cent.” NEW PROJECT – #PARK 1 ARENASTADEN Modern offices and Solna’s new swimming pool At Signalbron bridge in Arenastaden, right next to Mall of Scandinavia and Friends Arena, Fabege is planning to develop a new office building with modern offices, restaurants, gym and the City of Solna’s new swimming pool. The property will have two spacious atriums that link the various parts of the building, creating plenty of natural light on the office floors. One of the two entrances to the office faces Gustav III’s Boulevard and the other is right next to Signalbron bridge. The large entrance area connects the building’s various hubs: the entrance, the link with Signalbron bridge and the building’s two atriums. The building is being developed in response to the needs of both small and large customers, with opportunities to create their own entrances, staircases, assembly areas for employees and modern, extensive, continuous offices spaces. 4 Fabege Annual Report 2018 EMPLOYEES Continuing to grow We welcomed 28 new employees in 2018 – a record year in terms of recruitment. Growing and new market areas, more major tenant occupancies and ambitious urban development and sustainability tar- gets have resulted in a need to strengthen our organisation and bring in additional expertise. At the start of the year we had 161 employees, and by the end of the year the figure had grown to 181. Our focus is on our customers and on creating the right conditions for their success. An expanded management and operating organisation will enable us to concentrate even more on ensuring a posi- tive customer experience and satisfied ten- ants. Other functions that boost our capacity PROJECTS from a strategic and business perspective have also taken on new members of staff. First zero-energy hotel Fabege is building Scandinavia’s first zero-energy hotel in Arenastaden. Some 21 geothermal energy 28 boreholes along with a total of almost 2,500 sqm of solar panels on the facade and roof will allow us to produce more energy than is needed to run the property.
Recommended publications
  • Sweden; the National Registration (Including Cases Concerning Disciplinary Offense Board
    Annual report 2017/18 SUMMARY IN ENGLISH the swedish parliamentary ombudsmen observations made by the ombudsmen during the year 1 observations made by the ombudsmen during the year © Riksdagens ombudsmän (JO) 2018 Printed by: Lenanders Grafiska AB 2018 Production: Riksdagens ombudsmän (JO) Photos by: Pernille Tofte (pages 4, 12, 20, 28) and Anders Jansson 2 observations made by the ombudsmen during the year Contents Observations made by the Ombudsmen ...............................................................4 Chief Parliamentary Ombudsman Elisabeth Rynning .............................................4 Parliamentary Ombudsman Lars Lindström ........................................................... 12 Parliamentary Ombudsman Cecilia Renfors ........................................................... 20 Parliamentary Ombudsman Thomas Norling ......................................................... 28 OPCAT activities ..................................................................................................38 International cooperation ....................................................................................45 Summaries of individual cases .............................................................................47 Courts ............................................................................................................................ 48 Public courts .......................................................................................................... 48 Administrative courts ............................................................................................49
    [Show full text]
  • Den Kommunala Planeringens Betydelse För En Trygg Och Säker Stadsmiljö
    EXAMENSARBETE INOM TEKNIK, GRUNDNIVÅ, 15 HP STOCKHOLM, SVERIGE 2018 Den kommunala planeringens betydelse för en trygg och säker stadsmiljö En kartläggning över kommuners implementering av säkerhet och trygghet i planeringen EMIL HOLMLUND KTH SKOLAN FÖR ARKITEKTUR OCH SAMHÄLLSBYGGNAD Sammanfattning Kommuner har idag en stor makt att planera vår framtida stadsmiljö. Med den stora makten kommer även ett ännu större ansvar. Dessa stadsmiljöer kommer bli framtida generationers livsmiljöer. Stadsmiljön ska både upplevas som trygg och vara säker. Men vad har dagens kommuner för beredskap för att planera trygga och säkra stadsmiljöer? Detta kandidatarbete har undersökt fyra kommuner i Stockholms län: Stockholms stad, Upplands Väsby kommun, Nacka kommun och Huddinge kommun. Kartläggningen rör vad för styrdokument och övrigt arbete kommunerna besitter som stöd i trygghets- och säkerhets planeringen. Dessa styrdokument har kontrollerats mot CPTED:s olika principer. Det visade sig att kommunernas arbetsunderlag innehåller inslag av CPTED:s olika principer, men i varierande grad. För att sedan kontrollera att kommunerna följer sina styrdokument och implementerar trygghet- och säkerhetsplanering gjordes en fallstudie på en utvald plats i varje kommun. Fallstudien visade att kommunerna lyckats implementerat CPTED:s principer i skiftande utsträckning i de utvalda projekten. Sedan analyserades om kommunerna använder CPTED:s principer medvetet eller om det enbart var sunt förnuft. Vidare diskuterades om dagens juridiska ramar påbjuder kommuner att planera tryggt och säkert, samt i vilket avseende. Detta visade sig inte vara fallet. Kandidatarbetet avslutade sedan med att redovisa vilka åtgärder som kan göras juridiskt och vilka brister som kan kandidatarbetet kan inrymma. Nyckelord: Stadsplanering, Planering, Trygghet, Säkerhet, Kommuner, Stadsmiljö, CPTED, Situationell brottsprevention, Stadsutformning Omslagsbild: Marta Wännman, landskapsarkitekt, LAND Arkitektur AB, Edqvist (2015) 2 Abstract Municipalities today have a great power to plan our future urban environment.
    [Show full text]
  • Localisations of Logistics Centres in Greater Stockholm
    Department of Real Estate and Construction Management Thesis no. 182 Real Estate Economics and Financial Services Master of Science, 30 credits Real Estate Economics MSs Localisations of Logistics Centres in Greater Stockholm Author: Supervisor: Gunnar Larsson Stockholm 2012 Hans Lind Master of Science thesis Title: Localisations of Logistics Centres in Greater Stockholm Author: Gunnar Larsson Department Department of Real Estate and Construction Management Master Thesis number 182 Supervisor Hans Lind Keywords Logistics, Stockholm, location, localisation factors, warehouse, terminal, logistics centres, logistics parks, future, scenario. Abstract This study examines how and on what basis logistics centres are located in Greater Stockholm. Its purpose is to formulate a possible future scenario regarding localisations of logistics centres in Greater Stockholm in 10-15 years. Goods transports, distribution, property characteristics, market trends, investment decisions, localisation factors, potential challenges, public plans, transport infrastructure and logistics locations have been investigated in order to form a conclusion. There is a wide range of previous research on most fields mentioned above. Yet there is a gap regarding a picture of them from a market perspective applied to Stockholm’s future. The research method is qualitative, involving 31 interviews (34 respondents) representing logistics companies, goods holders, property developers, investors, consultants and municipalities; as they are making the decisions of tomorrow, i.e. “choose” the locations. The qualitative approach has been complemented with descriptions of infrastructure, regional plans and reports in order to consolidate and complement facts and opinions from the interviews. Together they provide the basis for a final analysis and discussion followed by a possible future scenario of Greater Stockholm’s major logistics locations.
    [Show full text]
  • Planned Investments in the Stockholm Region 2019-2040 PHOTO:FREIIJ/IMAGEBANK.SWEDEN.SE TOVE
    Planned Investments in the Stockholm region 2019-2040 PHOTO: TOVE TOVE FREIIJ/IMAGEBANK.SWEDEN.SE PHOTO: 2 3 Introduction About the report Excecutive summary Investments are financial resources that increase This report of planned construction projects within the real capital in society. The growth of real capital the Stockholm region shows a total investment is an important factor behind the rapidly rising volume of 111 billion € until the year 2040. This is a material standard in industrial countries over the steady increase since 2017, when the investments past few centuries. To a large extent, today’s welfare were worth 95 billion €. The largest investment sha- is a consequence of yesterday’s investment. There- re is in housing, with an investment volume of 60,7 fore, investments made today are the prerequisite billion €, followed by infrastructure investments in for the growth and productivity of tomorrow. This railway, subway and lightrail, with an investment report aims to provide an overview of the most im- volume of 9,6 billion €. While construction projects portant future investments within the Stockholm are being planned throughout the whole region, region. there is a concentration of projects in central Stock- holm. This report, commissioned by Invest Stockholm and written by Tyréns AB, summarises the most interes- The expected volume of construction ting/largest construction projects in the Stockholm over the coming years largely ex­­­­- region. The report is updated every two years. ceeds what can be accomplished with the existing regional working force. The Stockholm county alone Content will be in need of approximately 46 000 construction workers 4 Stockholm Business Alliance in mostly manual labour trades.
    [Show full text]
  • D-Carnegie-Co-Annual-Report-2016-1.Pdf
    ANNUAL REPORT 2016 Jerker Andersson Born in Bollnäs in 1963. Painter, draughtsman and printmaker. Attended the Gerlesborg Art School in Stockholm, but is otherwise self-taught. Jerker Anders- son enjoys painting folklore subjects and often seeks inspiration from events and ideas in the traditions of Hälsingland. In recent years, Jerker Andersson has also worked in granite, including large sculptures carved from a single piece of rock. Jerker Andersson’s work is represented in collections owned by Bollnäs Munici- pality, Folkparkernas Riksorganisation, the Swedish Public Employment Service in Bollnäs, Sankt Lars Kapell etc. D. Carnegie & Co supports contemporary artists, preferably related to the Swedish “Million Programme” public housing project. CONTENTS The Year in brief D. Carnegie & Co in brief Statement from CEO 2 Strategy and market 4 Property portfolio 12 Renovation and improvement 16 Sustainable development 24 Share, shareholders and risks 30 Corporate governance 40 Board of Directors and auditors 48 Senior Management 50 FINANCIAL STATEMENTS 52 Directors’ Report 53 Consolidated Income Statement 60 Consolidated Statement of Comprehensive Income 60 Consolidated Balance Sheet 61 Consolidated Statement of Changes in Equity 62 Consolidated Cash Flow Statement 63 Parent Company Income Statement 64 Parent Company Balance Sheet 65 Parent Company Statement of Changes in Equity 66 Parent Company Cash Flow Statement 67 Notes 68 Audit Report 93 List of Properties 96 Definitions 132 Investor Information Calendar 133 The year in brief Conducts directed share issue Q1 Q2 to new and current shareholders. Completes disposal of Purchases of property portfolios Announces investment pro- Gothenburg portfolio. in Eskilstuna and Katrineholm. gram equivalent to SEK 900 million over the next five years Entered into agreement Guldkupol educates D.
    [Show full text]
  • Government Communication 2011/12:56 a Coordinated Long-Term Strategy for Roma Skr
    Government communication 2011/12:56 A coordinated long-term strategy for Roma Skr. inclusion 2012–2032 2011/12:56 The Government hereby submits this communication to the Riksdag. Stockholm, 16 February 2012 Fredrik Reinfeldt Erik Ullenhag (Ministry of Employment) Key contents of the communication This communication presents a coordinated and long-term strategy for Roma inclusion for the period 2012–2032. The strategy includes investment in development work from 2012–2015, particularly in the areas of education and employment, for which the Government has earmarked funding (Govt. Bill. 2011/12:1, Report 2011/12:KU1, Riksdag Communication 2011/12:62). The twenty-year strategy forms part of the minority policy strategy (prop. 2008/09:158) and is to be regarded as a strengthening of this minority policy (Govt. Bill 1998/99:143). The target group is above all those Roma who are living in social and economic exclusion and are subjected to discrimination. The whole implementation of the strategy should be characterised by Roma participation and Roma influence, focusing on enhancing and continuously monitoring Roma access to human rights at the local, regional and national level. The overall goal of the twenty-year strategy is for a Roma who turns 20 years old in 2032 to have the same opportunities in life as a non-Roma. The rights of Roma who are then twenty should be safeguarded within regular structures and areas of activity to the same extent as are the rights for twenty-year-olds in the rest of the population. This communication broadly follows proposals from the Delegation for Roma Issues in its report ‘Roma rights — a strategy for Roma in Sweden’ (SOU 2010:55), and is therefore also based on various rights laid down in international agreements on human rights, i.e.
    [Show full text]
  • Annual Report
    Annual Report 2007 Contents 2007 in summary 2007 in summary This is Din Bostad 1 From the Managing Director 3 Rental income for the period totalled Vision, business concept, goals and strategy 4 SEK 491.8 m (190.3). Swedish property market 6 Operating profi t totalled SEK 351.8 m (117.4). Customers in focus 8 Profi t after tax totalled SEK 147.6 m (113.8), Property portfolio 9 or SEK 8.53 (11.60) per share. Property overview 10 Sundsvall 12 Shareholders’ equity per share amounted Gävle 14 to SEK 74.10 (65.60). Karlstad 16 The Board proposes a dividend of Greater Stockholm 18 SEK 1.00 (–) per share. Norrköping 20 Jönköping 22 Key events Tranås 24 Västra Götaland 26 A total of 500 apartments were acquired during the year. Skåne 28 Property valuation 31 Building up and development of a Financing 32 management organisation characterised Environment 33 by a long-term perspective. Employees 34 Implementation of new systems for Project development 36 development of Din Bostad’s property Share and shareholders 38 portfolio. Key fi gures and defi nitions 40 Re-listing of the Din Bostad share on the Risk factors och sensitivity analysis 41 Stockholm Stock Exchange O List in May. Management report 43 Consolidated income statement 48 Improved occupancy rate at Din Bostad’s properties. Consolidated balance sheet 49 Consolidated cash-fl ow statement 50 Changeover to a new way of measuring and Change in consolidated shareholders´ equity 51 controlling utilities consumption. Parent company income statement 52 Production of new apartments in Uppsala Parent company balance sheet 53 was completed.
    [Show full text]
  • Annual Report 2017/18 SUMMARY in ENGLISH
    Annual report 2017/18 SUMMARY IN ENGLISH the swedish parliamentary ombudsmen observations made by the ombudsmen during the year 1 observations made by the ombudsmen during the year © Riksdagens ombudsmän (JO) 2018 Printed by: Lenanders Grafiska AB 2018 Production: Riksdagens ombudsmän (JO) Photos by: Pernille Tofte (pages 4, 12, 20, 28) and Anders Jansson 2 observations made by the ombudsmen during the year Contents Observations made by the Ombudsmen ...............................................................4 Chief Parliamentary Ombudsman Elisabeth Rynning .............................................4 Parliamentary Ombudsman Lars Lindström ........................................................... 12 Parliamentary Ombudsman Cecilia Renfors ........................................................... 20 Parliamentary Ombudsman Thomas Norling ......................................................... 28 OPCAT activities ..................................................................................................38 International cooperation ....................................................................................45 Summaries of individual cases .............................................................................47 Courts ............................................................................................................................ 48 Public courts .......................................................................................................... 48 Administrative courts ............................................................................................49
    [Show full text]
  • Neighborhood Design and Travel
    Neighborhood Design and Travel A Study of Residential Quality, Child Leisure Activity and Trips to School Pia Westford Doctoral Thesis in Infrastructure Stockholm, Sweden 2010 Abstract Sustainable urban mobility calls for well-informed design of neighborhoods. Although many studies have been conducted in the field, there is little evidence about the relationships between design elements, urban quality and behavior. Little is also known about residents’ valuation of design and urban quality in this context. This study uses a multidisciplinary approach to deal with these issues. The focus is on children’s leisure activities, their travel mode and independence of adult escort in trips to school. Logistic regression models were used to analyze connections between neighborhood design, parents’ satisfaction with urban qualities and children’s behavior. The study included socioeconomic factors, parents’ stated importance of qualities and travel mode to work. It was conducted in a suburban district in the Stockholm region, in three different modernist neighborhoods and one traditional villa area. The results support the hypothesis that environmental and social qualities, and proximity to school, can influence children’s trips to school, and the location and frequency of children’s leisure activities. The results confirm and extend earlier research. Two separate lifestyles were identified across neighborhoods with differ- ences in housing type and socioeconomic characteristics. They related to parents’ preferences for and priorities of public versus private urban qualities, and location of children’s leisure activity and travel mode to school. The results suggest that schools should be located in neighborhoods, close to both homes and transit, that neighborhoods are car-free or traffic separated and that the outdoor environment is stimulating and cycling-friendly.
    [Show full text]
  • Law Enforcement
    The Stockholm Gang Model PANTHER Stockholm Gang Intervention & Prevention Project, 2009–2012 Leinfelt & Rostami (Eds.) The Stockholm Gang Model: PANTHER Stockholm Gang Intervention and Prevention Project, 2009-2012 Project Advisor Fredrik Leinfelt Project Manager Amir Rostami Polismyndigheten i Stockholms län With the Support of Stockholm County Police, Stockholm, Sweden the Prevention of and Fight against Crime Programme 7th Police District, Södertörn European Commission – Directorate General Justice, Section against Gang Crime (SGI) Freedom and Security PRIMARY AUTHORS: Detective Fredrik Leinfelt (Sweden) and Detective Inspector Amir Rostami (Sweden). Contact information/questions: [email protected] or [email protected] CONTRIBUTING AUTHORS: Dr. Cheryl Maxson (USA), Dr. Finn-Aage Esbensen (USA), Dr. David Brotherton (USA/U.K.), Detective Superintendent Fredrik Gårdare (Sweden), Detective Superinten- dent Inga-Lill Hult (Sweden), Detective Inspector Torbjörn Hermansson (Sweden), Detective Inspector Magnus Sohlén (Sweden), PR Officer Hesam Akbari (Sweden), Police Superintendent Eirik Jensen (Nor- way), Senior Advisor Roger Stubberud (Norway), Inspector Debbie Mackenzie (U.K.), Kira Vrist Rønn (Denmark), Detective Inspector Tino Snedevig Jensen (Denmark). All Rights Reserved © 2011 –2012 Parts of this book are reprinted with the permission of the authors and/or publisher. PRINTING: Elanders Sverige AB; 2012 LAYOUT: Anni Sundquist, Agneta Öberg/Elanders Sverige AB PHOTO: Environmental images from Alby, Polismyndigheten i Stockholms län, Södertörns PMD – Fredrik Leinfelt, Amir Rostami ISBN: 978-91-637-0777-3 Dnr: AA-400-44610-08 “First, we must address the personal, family, and community factors that cause young people to choose gangs over more productive alternatives. The more success we have in prevention, the fewer people we’ll have to prosecute for violent activity down the road.” U.S.
    [Show full text]
  • Annual Report 2019 Wallenstam AB
    Contents This is This is Wallenstam 1 Strategic Direction Wallenstam This is how we create value 2 Business plan 2019–2023 4 Guiding principle Customer 6 Guiding principle Employee 7 Guiding principle Environment 8 Comments by the CEO 9 Vision Comments by the Chairman 12 Wallenstam shall be the natural choice of Board of Directors 14 people and companies for housing and Group Management 16 premises. The Wallenstam share 18 Investing in Wallenstam 22 Financial strategy 24 Business concept Responsible enterprise 27 We develop and manage people’s homes Risks that generate opportunities 34 and workplaces based on a high level of service and long-term sustainability in Operations and Markets selected metropolitan areas. Organization and employees 40 Market outlook 43 Property management 48 Goal Value of the properties 53 To achieve an increase in net asset value Value-creating construction 56 of SEK 40 per share through 2023. We are building here 62 Five-year summary 64 Core values Financial Reports Progress, respect, commitment. How to read our income statement 66 Administration report 67 Consolidated accounts 72 Group accounting principles and notes 76 Parent company accounts 112 Parent company accounting principles and notes 116 Auditor’s report 129 Corporate governance report 132 Property List Stockholm Business Area 138 Gothenburg Business Area 140 Completed new construction, acquisitions and sales 145 Wind power 145 Other Wallenstam’s GRI reporting 146 Annual General Meeting 2020 149 Glossary 149 Definitions see cover Calendar see cover Wallenstam’s statutory sustainability report is found on the following pages: business model pages 2–4, environmental questions pages 8, 27–33, 39 and 146–148, social conditions and personnel-related ques- tions pages 7, 27–35, 40–42 and 146–148, respect for human rights pages 27–33 and 147–148, anti-corruption pages 27–30, 32–33, 36 and 148 as well as diversity in the Board pages 42 and 133.
    [Show full text]
  • CV Sara Henrysson Eidvall Licensed Psychologist/Specialist Qualification Certificate in IO- Psychology
    CV Sara Henrysson Eidvall Licensed psychologist/Specialist Qualification Certificate in IO- psychology Summary Sara Henrysson Eidvall, licensed psychologist, has Swedens Psychologist Association's Specialist Qualification Certificate in Industrial and organizational psychology and is STP certified test user. Sara has worked with development of leaders individually and in groups and management teams in both, governmental, municipal and private organizations. Her clients include municipalities, businesses and government agencies such as the municipality of Vallentuna, Huddinge, Botkyrka, Nacka Municipality, Microsoft, Atrium Ljungberg AB, the Swedish National Board of Institutional Care and Stockholm University. Sara has been responsible for leadership development (leadership programs, management development, team development and individual coaching of managers and experts) in major assignements such as Botkyrka, Huddinge, Nacka, Microsoft and Atrium Ljungberg AB. She is also associate professor in IO-psychology at the departement of psychology at Stockholm university. Education Period Cognitive Behavioral Therapy, CBT, step 1 2005 Specialist Qualification Certificate in IO-psychology 2004 Licensed psychologist 1991 Msc in psychology, Stockholm University 1991 Poppius school of journalism 1992 Social Anthropology, 20 points 1982 Other professional education Quality systems SIS 2014 Viary –smartphone coaching 2013 CBT internet treatment 2013 ACT in theory and practice 2012-2013 ACT at work 2011 ACT and RFT 2010 - 2011 Applied behavior analysis
    [Show full text]