Platzer Fastigheter Holding Ab Class B · OMXSTO:PLAZ_B
Platzer Fastigheter Holding Ab Class B — Q3 2025 Earnings Presentation
36 slides from Platzer Fastigheter Holding Ab Class B's earnings presentation, Oct 10, 2025
Slide 1: Q3 1 January – 30 September 2025
Q3 1 January – 30 September 2025 CEO Johanna Hult Rentsch & CFO Jakob Nilsson 10 October 2025
Slide 2: Continued stable growth of 13% this year
”Continued stable growth of 13% this year - Industrial and Logistics are the driving forces” Platzer | 2
Slide 3: Quarterly Summary
Byt bild Quarterly Summary July – September 2025 • Income from property management +9 % • Rental income +4 % • Net Operating Income +2 % • Net letting MSEK -41 Platzer | 3
Slide 4: Quarterly Summary
Byt bild Quarterly Summary July – September 2025 • Income from property management +9 % • Rental income +4 % • Operating surplus +2 % • Net letting MSEK -41 After the end of the period: • Leasing of 10,400 sqm - Arendal Port View Platzer | 4
Slide 5: Net letting - break down
Net letting - break down • Net letting in Q3: MSEK -41 • Nordeas lease termination (MSEK -30) Reduces space Bankruptcies Termination & Newly signed & stays relocation leases Platzer | 5
Slide 6: Net letting - break down
Net letting - break down 6 4 • Net letting in Q3: MSEK -41 2 5 0 • Nordeas lease termination (MSEK -30) -2 -2 -4 -4 -10 -6 -8 -10 -12 Reduces space Omförhandling/ Bankruptcies Konkurser Termination Uppsägning/ & Newly signed Nyuthyrning & stays relocation leases minskar yta avflytt Platzer | 6
Slide 7: Net letting - break down
Net letting - break down 6 4 • Net letting in Q3: MSEK -41 2 5 0 • Nordeas lease termination (MSEK -30) -2 -2 -4 • Breakdown net rental income (MSEK -11)> -4 -10 -6 -8 -10 -12 Reduces space Omförhandling/ Bankruptcies Konkurser Termination Uppsägning/ & Newly signed Nyuthyrning & stays relocation le
Slide 8: Net letting - break down
Net letting - break down 6 4 • Net letting in Q3: MSEK -41 2 5 0 • Nordeas lease termination (MSEK -30) -2 -2 -4 • Breakdown net rental income (MSEK -11)> -4 -10 -6 • >> 4 MSEK termination & relocation (Office) -8 -10 -12 Reduces space Omförhandling/ Bankruptcies Konkurser Termination Uppsägning/ &
Slide 9: Customer and letting – major events in the quarter
Customer and letting – major events in the quarter Termination and extension of lease • Nordea, Gullbergsvass New letting • Refurbishment & transformation in Gullbergsvass • 88% occupancy rate reached in Mimo, Mölndal Re-negotiation • Public Dental Care, Medicinareberget Platzer | 9
Slide 10: Our largest customers
Our 10 largest customers Kundstruktur Customer structure • Genomsnittlig återstående kontraktslängd 4,3 år Average remaining contract period 4 years Share of total • Kvarsittningsgrad ESS Group AB 85 % 5% Occupancy rate 91,5% AB Volvo 5% • Västra Götalandsregionen Omförhandlingar +7 % 4% Reten
Slide 11: Our property portfolio a total 1,000,000 sqm
Our property portfolio a total 1,000,000 sqm Office (sqm) Industrial and Logistics (sqm) 50% 40% 240,000 building rights (sqm) 80,000 building rights (sqm) Platzer | 11
Slide 12: Industrial and Logistics - Gothenburg
Industrial and Logistics - Gothenburg ACTIVE STABLE TRANSACTION RENTAL LEVELS MARKET VACANCY RATE 4% Platzer | 12
Slide 13: High activity within Industrial and Logistics
High activity within Industrial and Logistics Acquisition Tuve, Hisingen Ongoing project Divestment (Östergärde31:1) Acquisition Q2 2024. Sörred Logistics Park (JV) Sörred Logistics Park (JV) Possession of property Q4 2025 Project completion Q4 2026 Transfer Q3 2025 Platzer | 13
Slide 14: First lease signed in new Arendal Port View
First lease signed in new Arendal Port View A • Size: 10,400 sqm • Annual rent: MSEK 10.2 • Contract duration: 10 years • Subject to: Building permit (application submitted) • Est. project start: Q4 2025 • Est. completion date: Q4 2026 • CAPEX 140 MSEK 2025-10-09 Platzer | 14
Slide 15: Arendal - future potential
Arendal - future potential Port View, Arendal Arendal Port View 55,000 sqm – first lease signed Building permit submitted Est. construction start phase 1: 2025 Development potential Arendal total: 80,000 sqm Platzer | 28
Slide 16: The office market in Gothenburg
The office market in Gothenburg ACTIVE TRANSACTION STABLE RENT MARKET LEVELS VACANCY RATE 13% Platzer | 16
Slide 17: Office vacancy rates and stable rentals
Office vacancy rates and stable rentals Vacancy rates offices, central Gothenburg Average square meter rents, central Gothenburg, semi-annual Source: Citymark Platzer | 17
Slide 18: Offices - no new construction starts in 2025
Offices - no new construction starts in 2025 Platzer | 18
Slide 19: Offices - no new construction starts in 2025
Offices - no new construction starts in 2025 Platzer | 19
Slide 20: Offices - no new construction starts in 2025
Offices - no new construction starts in 2025 Platzer | 20
Slide 21: Offices - no new construction starts in 2025
Offices - no new construction starts in 2025 Platzer | 21
Slide 22: Highest vacancy rate CBD
Highest vacancy rate CBD
Slide 23: Highest vacancy rate CBD due to major infrastructure projects
Highest vacancy rate CBD due to major infrastructure projects
Slide 24: Gothenburg market conditions
Gothenburg market conditions Platzer | 24
Slide 25: A strong growth engine
A strong growth engine Growth in the Gothenburg region since 2009 36,000 additional jobs 170,000 more inhabitants 142,000 more employed Source: Business Region Gothenburg Platzer | 25
Slide 26: Sweden and Gothenburg at the forefront
Sweden and Gothenburg at the forefront 35% of Swedens total R&D investments Global Innovation Index Scandinavia's largest port SAAB expands Sweden scores second place record-high container traffic volume in west Sweden Gothenburg - Sweden's R&D center 2025-10-09 Platzer | 26
Slide 27: Results and financing
Results and financing Platzer | 27
Slide 28: Financial performance in isolated Q3 2025
Financial performance in isolated Q3 2025 Income from property Rental income Net Operating Income management SEKm 433 / +4% SEKm 340 / +2% SEKm 198 / +9% Net investment Stable property values 60 MSEK Net interest-bearing Interest coverage ratio Loan-to-value ratio debt/EBITDA 2.5 times Total assets
Slide 29: Change in Net Operating Income
2025-10-09 Change in Net Operating Income in isolated Q3 2025 vs Q3 2024 2024 Q3 isolated Cf. Like-for-like Project Transaction 2025 Q3 isolated Rental income MSEK 416 MSEK +4 MSEK -5 MSEK +18 MSEK +433 +4% Property cost MSEK -82 MSEK -1 SEKm -2 MSEK -8 MSEK -93 Net Operating MSEK = 334 = MSEK 3 = M
Slide 30: Interest maturity structure
MSEK Interest maturity structure 4 500 28% 4 000 3 500 Average interest rate Interest coverage ratio 3 000 19% 3,53% 2.4 times 2 500 15% 2 000 12% 12% 9% 1 500 1 000 5% Net interest-bearing 500 Fixed interest rates debt/EBITDA (R12) 0 3.0 years 10,8 0-1 years 1-2 years 2-3 years 3-4 years 4-5 years
Slide 31: Our sustainability work
Our sustainability work Om denna ska vara kvar – byter vi till högupplöst bild • Energy use in comparable portfolio reduced by -4%. • Implementation of new interior concept for tenant fit outs. Reduces climate impact by up to 40% in reference projects. • Green/sustainable financing 73%, an increase
Slide 32: Focus going forward
Focus going forward
Slide 33: Focus going forward
Focus going forward • Customers & vacancies • Industrial and logistic projects • Transactions
Slide 34: Platzer named Stock Market Company of the Year 2025
Platzer named Stock Market Company of the Year 2025 Motivation: ´Transparent description of opportunities and challenges facilitates assessment of the company's development and value on the stock market´ Platzer | 34
Slide 35: We will make Gothenburg the best city in Europe to work in
We will make Gothenburg the best city in Europe to work in
Slide 36: Contact details
Contact details Johanna Hult Rentsch, CEO Jakob Nilsson, CFO johanna.hult-rentsch@platzer.se jakob.nilsson@platzer.se +46 709 992405 +46 707 848351 Platzer | 36
Platzer Fastigheter Holding — Q3 2025 Earnings Presentation on 6ix