Slide 1: Interim report Q1 2026
Interim report Q1 2026 Presentation by company management
Slide 2: Highlights of the quarter
Highlights of the quarter ▪ Growth strategy continuation ▪ Accessed acquired properties for MSEK 187 and another MSEK 25 after end of period. ▪ Continued focus on investments in existing property portfolio, reaching MSEK 270. ▪ Divestment of one property in Haparanda for MSEK 72. ▪ Signed acquisitio
Slide 3: Acquisition of Anguli Fastigheter for BSEK 1.2
Acquisition of Anguli Fastigheter for BSEK 1.2 23 properties primarily for industrial use Property value MSEK 1,228 With Anguli Fastigheter NP3 establish a local Lettable area 141,000 sqm, presence in the Skaraborg and Trestad regions. land 465,000 sqm NP3 will gain more investment opportunities thr
Slide 4: Robust financial development in a volatile environment
Robust financial development in a volatile environment Growth strategy continuation Target achievement MSEK Rental value +16% CAGR % % SEK 3,500 93 94 93 93 92 93 100 20 18 17 18 3,000 16 2,578 2,603 80 14 2,500 2,326 186 15 13 202 12 2,065 172 12 12 1,880 60 11 2,000 137 10 1,538 122 10 1,500 102 1
Slide 5: Quarterly summary
Quarterly summary Financial outcome Property portfolio ▪ Rental income: MSEK 606 (551) +10% Property value: MSEK 26,595 (26,087) ▪ Surplus ratio: 70% (70%) ▪ Number of properties: 643 (633) ▪ Profit from property management (PFPM): MSEK 260 (235) +11% ▪ Property value per sqm: SEK 11,179 (11,044) ▪
Slide 6: Diversified and stable tenant portfolio
Diversified and stable tenant portfolio Ten largest tenants Quarterly net letting ▪ Number of rental agreements: 158 Quarterly , MSEK Quarterly LTM LTM, MSEK 50 100 ▪ Rental value: MSEK 353 40 80 ▪ Share of total rental value: 14% 30 60 ▪ WAULT: 5.2 years 20 40 10 20 0 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q
Slide 7: Project investments
Project investments MSEK 270 Investments during the period MSEK MSEK 1,113 project budget for ongoing projects, whereof MSEK 600 remains 132 project budget for projects completed during the period 8.1% forecasted yield on cost for ongoing projects 8.0% generated yield on cost Ongoing project Complet
Slide 8: Funding
Funding Summary Maturity structure 4,943 ▪ Total interest-bearing liabilities MSEK 14,482 (14,059) 480 4,017 ▪ Avg. loan maturity period 2.9 years (3.0) 400 ▪ Avg. fixed interest period 2.0 years (1.9) 3,008 600 ▪ Proportion of interest hedging 57% (54) 4,463 850 3,617 1,483 ▪ Avg. interest rate 3.9
Slide 9: Sustainability related to the property portfolio
Sustainability related to the property portfolio Primary sustainability targets Green portfolio Reduce emissions in Scope 1 & 2 with 42% and Scope 3 with 25% ▪ Annual growth target: 20% by 2030 compared to 2022, with net-zero emissions by 2045 in ▪ Growth YTD: 8% accordance with SBTi MSEK Share % +8
Slide 10: Resilient business model in an economic growth region
Resilient business model in an economic growth region Area Aspects High degree of ▪ Well-diversified property portfolio across several dimensions – 643 properties diversification ▪ Low dependency on a few larger tenants ▪ Through eight business areas - all important locations and geographies are cov
Slide 11: Q&A
Q&A 11