John Mattson Fastighetsforetagen Ab · OMXSTO:JOMA

John Mattson Fastighetsforetagen Ab — Q4 2020 Earnings Presentation

13 slides from John Mattson Fastighetsforetagen Ab's earnings presentation, Feb 24, 2021

  1. Slide 1: John Mattson

    JohnMattson

  2. Slide 2: Presentation Q4, 24 February 2021

    Presentation Q4 24 February 2021 Siv Malmgren, Maria Sidén, CEO CFO 2

  3. Slide 3: Goal fulfilment 2020

    Goal fulfilment 2020 16% growth SEK 8 billion 46% growth in net asset in property in income from value value property 31 December 2020 management 3

  4. Slide 4: Significant events

    Significant events  Apartment upgrades 2020: - 218 apartments received base upgrades - 150 apartments received total upgrades - 27 upgrades are ongoing  Completed projects for the September– December 2020 period: - 25 new loft apartments - 11 apartments created though conversions  CEO succession

  5. Slide 5: Key metrics Jan–Dec 2020

    Key metrics Jan–Dec 2020  Property value: SEK 8.0 billion  Number of apartments: 2,829  Rental value: SEK 336.5 million  Rental value SEK/sq m: 1,559 SEK/sq m  Income from property management: SEK 94.7 million  NAV: SEK 4.4 billion  Loan-to-value ratio: 44.7% 45 5

  6. Slide 6: Sustainability

    Sustainability  Climate mapping pursuant to the Greenhouse Gas Protocol and climate targets aligned with Science Based Targets  Alternate energy sources and energy projects for reduced energy consumption  Svanen environmental certification of new properties and start certification of existing pro

  7. Slide 7: Income from property management

    Income from property management Net operating income, SEK million 250 200 150 100 50 0 2016 2017 2018 2019 Jan-Dec 2020 Income from property management, SEK million 100 80 60 40 20 67% 94.5% 46% 0 2016 2017 2018 2019 Jan-Dec income from 2020 surplus ratio economic property 2020 occupancy rate manage

  8. Slide 8: Property value & net asset value

    Property value & net asset value SEK 8 billion in property value 9 000 140 2020 8 000 120 7 000 SEK 100 6 000 1,075 80 million SEK million 5 000 invested SEK/share 2020 4 000 60 3 000 40 2 000 16% average growth 20 1 000 in net asset value per share 0 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 Q

  9. Slide 9: Financing

    Financing 4 000 3 500 50 45 40 3 000 35 2 500 SEK million 30 2 000 25 % 1 500 20 15 1 000 10 500 5 0 0 2016 2017 2018 2019 Q4 2020 Utilised LTV 3,0 3,0 2,5 2,5 2,0 2,0 multiple 1,5 1,5 % 1,0 1,0 0,5 0,5 0,0 0,0 44.7% 2.6x 2016 2017 2018 2019 Q4 2020 interest Average interest rate Interest coverage r

  10. Slide 10: Outlook

    Outlook  Focus remains on acquisitions in the Stockholm region and discussions are being pursued with prioritised growth municipalities.  Complete base upgrades and conversions of premises in Käppala.  Apartments receiving total upgrades – at least 100 annually.  Project planning for base and to

  11. Slide 11: Business idea and strategies

    Strategies  Manage efficiently Add value through upgrades Business idea   Densification To own, manage and develop  Acquisitions with development potential residential properties and attractive local communities in the Financial targets Stockholm region.  +10% annual growth in net asset value/s

  12. Slide 12: Great neighbourhoods across generations

    Great neighbourhoods across generations 12

  13. Slide 13: Questions

    Questions JohnMattson

John Mattson Fastighetsföretagen — Q4 2020 Earnings Presentation on 6ix