John Mattson Fastighetsforetagen Ab · OMXSTO:JOMA
John Mattson Fastighetsforetagen Ab — Q4 2021 Earnings Presentation
13 slides from John Mattson Fastighetsforetagen Ab's earnings presentation, Feb 23, 2022
Slide 1: sre
sre JohnMattson
Slide 2: Presentation Q4
1 Presentation Q4 23 February 2022 Per Nilsson, Maria Sidén, CEO CFO
Slide 3: Goal fulfilment 2021 compared with 2020
Goal fulfilment 2 2021 compared with 2020 36% growth SEK 15.9 14% growth in in net asset value billion income from property in property management value adjusted for non-recurring items 31 December 2021
Slide 4: Significant events in 2021
Significant events 3 in 2021 • Acquisitions for approximately SEK 7 billion - property companies Hefab and Efib - ongoing housing project, Vilunda, Upplands Väsby - 450 apartments and commercial premises, Sollentuna - 3 properties at Gullmarsplan, Stockholm (possession 2022) - office property with d
Slide 5: Property portfolio
Property portfolio 4 4 82% property of the management lettable area areas is housing 4,414 356,000 apartments sq m lettable area
Slide 6: Development projects
Development projects 5 Project Area No. of Status Possible Apts. construction start Vilunda, Upplands Väsby North Stockholm 73 Production Ongoing Gengasen, South Stockholm/ Örby Nacka 128 Production Ongoing Juno, Käppala Lidingö 50 Early phase 2022 Geografiboken, Detailed development Abrahamsberg Ci
Slide 7: Key metrics 2021
Key metrics 2021 6 • Property value: SEK 15.9 billion • Number of apartments: 4,414 • Rental value: SEK 610 million • Rental value/sq m: SEK 1,715 sq m • Inc. from Prop. Mgmt: SEK 103.1 million • NAV: SEK 6.4 billion • Loan-to-value ratio: 58%
Slide 8: Income from property management
Income from property 7 management 6% income from property management per share 95.6% Economic occupancy rate Net operating income, SEK m Income from property management, 300 SEK million 250 120 200 100 80 61.3% 150 surplus ratio 60 100 40 50 20 0 0 2017 2018 2019 2020 2021 2017 2018 2019 2020 2021
Slide 9: Property value & net asset value
Property value & net asset value 8 SEK 15.9 billion in property value 18 000 180 16 000 160 14 000 140 SEK 12 000 120 6,398 million SEK million 10 000 100 invested SEK/share 2021 8 000 80 6 000 60 4 000 40 36% average growth 2 000 20 in net asset value per share 0 0 2011 2012 2013 2014 2015 2016 201
Slide 10: Financing
Financing 9 58% loan-to-value ratio 2.2x interest coverage ratio 10 000 70 2,5 3,0.0 9 000 60 8 000 2,50.0 2,0 7 000 50 2,0.0 SEK million 6 000 40 1,5 multiple 5 000 1,50.0 % % 4 000 30 1,0 3 000 1,0.0 20 2 000 0,5 10 ,50.0 1 000 0 0 0,0 ,0.0 2017 2018 2019 2020 Q4 2021 2017 2018 2019 2020 Q4 2021 U
Slide 11: Outlook
Outlook 10 • Well positioned for the next step • Size of property portfolio • Geographically concentrated property management areas • Increased project development capacity • Continued growth • Our strategic cornerstones • Upgrades according to the Larsberg model • Digitalisation and services • Proj
Slide 12: Great neighbourhoods across generations
11 Great neighbourhoods across generations
Slide 13: Questions
Questions JohnMattson
John Mattson Fastighetsföretagen — Q4 2021 Earnings Presentation on 6ix