Platzer Fastigheter Holding Ab Class B · OMXSTO:PLAZ_B
Platzer Fastigheter Holding Ab Class B — Q4 2025 Earnings Presentation
28 slides from Platzer Fastigheter Holding Ab Class B's earnings presentation, Jan 30, 2026
Slide 1: Year-end report 2025
Year-end report 2025 1 January – 31 December 2025 Johanna Hult Rentsch, CEO & Jakob Nilsson, CFO 30 januari 2026
Slide 2: Stable performance, high level of activity and a good end to a challenging year
”Stable performance, high level of activity and a good end to a challenging year”
Slide 3: Year in brief
Year in brief • Letting, vacancies and customer focus • High transaction activity • Strengthened key financial figures and rating • Growth driven by Mimo • Industrial and Logistics - a driving force
Slide 4: Major events during the quarter
Major events during the quarter Letting of Transfer of ownership Project start 6,700 sqm leased, Arendal Tuve, Östergärde 31:1 Arendal Port View
Slide 5: Industrial and logistics: Arendal Port View
Industrial and logistics Development potential 70 000+ sqm Arendal Port View • Scandinavia’s only sole transatlantic port • Stena Line’s future ferry terminal • Total development potential in Arendal: 70,000 sqm
Slide 6: Summary 2025 – key figures
Summary 2025 – key figures Rental income Operating surplus Income from property Net letting management +5 % +5 % +11 % -14 mSEK (-38 wholly owned)
Slide 7: Quarterly summary 2025 – key figures
Quartely summary 2025 – key figures Rental income Operating surplus Income from property Net letting management -1 % +1 % +5 % +15 mSEK (+14 wholly owned)
Slide 8: Key events after the end of the period
Key events after the end of the period Leasing of 3,300 sqm of office space in Gamlestaden Letter of intent with the City of Gothenburg Contract length: 8 years Exchange of central building rights for land, Total contract value: SEK 73 million Södra Änggården
Slide 9: Positive net letting in the quarter
Positive net letting in the quarter Strongest level of new letting in the existing portfolio since 2023 +15 MSEK MSEK Net letting incl. • Net letting: SEK +15 million assonciates (incl. associates) • Rental increase from renegotiations: +4% • Strong closure of 2025 and positive momentum heading into
Slide 10: Net letting 2025 (incl. associates)
Net letting 2025 (incl. associates) Twice as many renegotiated contracts -14 MSEK Mkr Net letting incl. 150 assonciates • Net letting: SEK –14 million 101 (incl. associates) 100 • More than half of new leasing 50 comes from existing customers 0 • Renegotiated volume: -50 -22 -11 SEK 145 million • Re
Slide 11: Knowledge about our local market
Knowledge about our local market • Occupancy rate: 90.4% • Retention rate: 85% • Way of working
Slide 12: Knowledge about our local market
Knowledge about our local market • Occupancy rate: 90.4% Our 10 largest customers • Retention rate: 85% Share of total • Way of working ESS Group AB 5% AB Volvo 5% Västra Götalandsregionen 4% Migrationsverket 4% DFDS Logistics Contracts AB 3% Göteborgs Stad 3% Göteborgs universitet 3% NTEX AB 2% Vol
Slide 13: Gothenburg Office market
Office Gothenburg Office market • Vacancy rate: 13% • Stable rental levels • 2021/2022: as much new office supply as during the previous ten years combined • No new office projects was started in 2025 → no completions in 2028 Source: Citymark
Slide 14: Economic trade and industry indicator
Economic trade and industry indicator Gothenburg region Forecast export- weighted GDP growth 2026 1,7% Source: National Institute of Economic Research / Business Region Gothenburg (BRG) #4 2025 (Q4)
Slide 15: Resilient global trade Confidence indicator
Resilient global trade Confidence indicator Sweden and the world Manufacturing and automotive industry Jan 2026 Jan 2026
Slide 16: Resilient global trade Confidence indicator
Resilient global trade Confidence indicator Sweden and the world Manufacturing and automotive industry Jan 2026 Jan 2026
Slide 17: Driving Gothenburg's growth
Driving Gothenburg’s growth Innovation, engineering and a broad-based business sector Global Innovation Index SAAB’s expansion “Volvo EX60 – a strong statement from Gothenburg”* 35% of Sweden’s R&D investments *Di 21 januari 2026
Slide 18: Results and financing
Results and financing
Slide 19: Financial performance
Financial performance Isolated quarter Income from property Rental income Net Operating Income management 438 mkr / -1 % 343 mkr / +1 % 198 mkr / +5 % Stable property values Net investment +107 mkr 285 mkr Net interest-bearing Interest coverage ratio Loan-to-value ratio debt/EBITDA 2,5 ggr Total ass
Slide 20: Development of rental income
Development of rental income Isolated quarter vs earning capacity 440 435 7 430 2 425 6 420 Mkr 438 415 429 431 423 423 410 405 400 Rental income in Earning Accrued rent add-ons Acqusitions Other income Rental income Q4 2025 capacity Oct 1st
Slide 21: Change in net operating income
Change in net operating income Isolated quarter vs previous year 2024 Q4 Like-for-like Project Transaction 2025 Q4 Rental income MSEK 443 MSEK -15 MSEK -9 MSEK +19 MSEK 438 -1% Property cost MSEK -103 MSEK +8 MSEK +2 MSEK -2 MSEK -95 -8% Net operating = MSEK -7 = MSEK -7 = MSEK +17 =MSEK 340 = MSEK
Slide 22: Change in property value Isolated quarter
Change in property value Isolated quarter 30 500 +107 30 000 +167 0 +118 29 500 MSEK 29 000 29 944 29 944 30 051 29 777 29 659 29 659 28 500 Yield 5,08% Yield 5,09% 28 000 Property value Q3 Investments existing Acquisitions Divestments Change in value Property value Q4 2025 properties 2025
Slide 23: Financing
Financing MSEK 4 500 29% Interest maturity 4 000 3 500 3 000 Average interest rate Interest coverage ratio 17% 16% 2 500 15% 3,45% 2,4 ggr 2 000 10% 1 500 9% 1 000 5% 500 Net interest-bearing 0 Fixed interest rates debt/EBITDA (R12) 0-1 år 1-2 år 2-3 år 3-4 år 4-5 år 5-6 år 6-10 år 2,8 years 11,0 MS
Slide 24: Continued track record of long-term growth
Continued track record of long-term growth 13 % 7,00 CAGR 6,00 5,00 4,00 3,00 12 % 2,00 CAGR 1,00 0,00 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 INCOME FROM PROPERTY MANAGEMENT SEK/SHARE DIVIDEND, SEK/SHARE
Slide 25: The Platzer share
The Platzer share • Decision on re-purchase of B-shares • Proposed dividend: SEK 2.20 per share
Slide 26: Sustainability
Sustainability • 4% energy improvement in 2025 • 40% lower energy use since 2013 • Focus on climate impact from fit-outs • 73% green financing
Slide 27: Focus on growth
Focus on growth • Letting, filling vacancies and customer focus in property management • Portfolio rotation and transactions • Projects: • Industrial & Logistics • Energy efficiency • Securing opportunities for future growth
Slide 28: We will make Gothenburg the best city in Europe to work in
We will make Gothenburg the best city in Europe to work in
Platzer Fastigheter Holding — Q4 2025 Earnings Presentation on 6ix