At the AGM on 9 May 2005 the board of Wihlborgs Fastigheter AB is proposing that the company change its name to Fabege AB.
The name change is the result of the proposed distribution of Wihlborgs´ property stock in the Ãresund region under the name Wihlborgs Fastigheter AB.
'Over the past year Fabege has invested a lot in the Fabege brand and quickly established it in the Stockholm region. Giving Wihlborgs´ business in the Stockholm region the name Fabege is thus an obvious business decision which at the same time means major savings,' says Erik Paulsson, President and CEO Wihlborgs Fastigheter AB.
'With the name Fabege in the Stockholm region and Wihlborgs in the Ãresund region both companies can operate with strong brands on the market in question right from the start,' Erik Paulsson continues.
Wihlborgs acquired Fabege in 2004 and now owns over 97% of the capital.