K-fast Holding Ab Class B · OMXSTO:KFAST_B
K-fast Holding Ab Class B — Carnegie Real Estate Seminar 2021
23 slides from K-fast Holding Ab Class B's conference presentation, Sep 13, 2021
Slide 1: Dammsnäckan, Malmö
Dammsnäckan, Malmö Carnegie Real Estate Seminar, 13 September 2021 K-Fast Holding AB 2021. All rights reserved
Slide 2: Jacob Karlsson and Martin Larsson
Jacob Karlsson Martin Larsson Founder of K-Fastigheter. CFO since 2018 and President and CEO since 2010. Deputy CEO since 2019. 2 K-Fast Holding AB 2021. All rights reserved
Slide 3: Concept buildings: Low-rise, Lateral Low-rise, Apartment Block
Low-rise (Sw. Låghus) Lateral Low-rise (Sw. Lamellhus) Apartment Block (Sw. Punkthus) • Semi-detached, terraced or link houses with • Adaptable and area efficient houses • Multi-dwelling houses in a quadratic or up to three-storey apartments, of which one • Multi-dwelling houses in a block structure
Slide 4: Integrated model: project development, construction, property management
Accumulated experience and know-how from completed projects increases the internal Project level of knowledge which contributes to further Development refinement of the concept buildings and development of even better apartments New development and construction of rental apartments is solely for own
Slide 5: Ongoing project development
Ongoing project development • K-Fastigheter continuously identifies and evaluates potential building 30 June 2021 rights and undeveloped land that may be suitable for the Group’s concept Number of units 5,522 buildings, this to ensure necessary planning and allow the Group to Lettable area, total sq
Slide 6: Ongoing construction
Ongoing construction, • New property construction is carried out with a high degree of 30 June 2021 prefabrication, which enables high cost and quality control as well as Number of units 1,699 guarantees production and delivery times Lettable area, total square meter 113,349 • On 30 June 2021: 26 on
Slide 7: K-Prefab, sales and gross profit
• As a part of K-Fastigheter, K-Prefab will be able to strengthen its position K-Prefab, sales and gross profit Sales by region, SEK m as a leading partner to Swedish construction companies. In parallel, Jan-Jun, 2017-2021 Total sales Jan–Jun 2021: SEK 522m K-Fastigheter will ensure access to vital
Slide 8: Property portfolio
Property portfolio • K-Fastigheter has an eternal perspective on its property ownership and is 30 June 2021 therefore a long-term partner for municipalities as well as suppliers and Number of apartments under management 2,305 tenants. Local government is the key to being able to offer a high level o
Slide 9: Total property and project portfolio as of 30 June 2021: 9,594 apartments
Total property and project portfolio as of 30 June 2021: 9,594 apartments 68 acquired apartments to be taken into possession in 2021 2,305 1,699 5,522 Total no. of class A shares: 22,500,000 apartments under apt’s under apartments under management production project development Total no. of class B
Slide 10: Financial and operational targets
Over an economic cycle, growth in Over an economic cycle, long-term net asset value per share annual growth in earnings per is to average at least 20 percent share from property management annually, including any value is to average at least 20 percent. The number of transfers. In the long term, apa
Slide 11: Important information
IMPORTANT INFORMATION: This presentation has been prepared by K-Fast Holding AB solely for use at this presentation and is furnished to you solely for your information and may not be reproduced or redistributed, in whole or in part, to any other person. The presentation does not constitute an invita
Slide 12: Carnegie Real Estate Seminar, 13 September 2021
K-Fast Holding AB 2021. All rights reserved 12 Carnegie Real Estate Seminar, 13 September 2021
Slide 13: Standardised development process with turnkey contract responsibilities
Standardised development process with turnkey contract responsibilities K-Fastigheter’s turnkey contracts are carried out in-house The high degree of standardisation and repetition ensures optimal resource utilisation, thoroughgoing quality and streamlines both construction and property manageme
Slide 14: Q2 2021 highlights
All KPIs and share-related information in this document have been adjusted for the number of shares after the share split. • Acquisition of Strängnäs prefab plant Share split 6:1 Investment properties, value: strengthens the Groups foothold in the • No. of class A shares: 22,500,000 (SE0016101661) S
Slide 15: Development in Property Management
Carnegie Real Estate Seminar, 13 September 2021 Development in Property Management SEK million 2021 2020 2021 2020 2020 Jul- 2020 • No. of apartments under management increased by 24% to 2,305 Apr-Jun Apr-Jun Jan-Jun Jan-Jun 2021 Jun FY • Rental income in the period increased by 27%, to SEK 122.5 mi
Slide 16: Investment properties and balance sheet
Carnegie Real Estate Seminar, 13 September 2021 Investment properties: SEK 8,043.6 million (+17%), y-o-y: +40% • completed investment properties: SEK 5,440.0 million (5,067.2) • undeveloped land and building rights: SEK 741.1 million (735.7) SEK million 2021 2020 2020 • ongoing construction: SEK 1,8
Slide 17: Board of directors
Sara Mindus Erik Selin Board member since 2019 Chairman Master of Laws and Bachelor of Business Admin from Other current assignments: Board member and CEO in Stockholm University. Fastighets AB Balder, Chair of Brinova Fastigheter AB Other current assignments: Board member and CEO of Sara and Collec
Slide 18: Group management
Jacob Karlsson Leif Astikainen Martin Johannesson Founder, President & Head of Human Business Area Manager CEO, and member of Resources Property Management the board Head of HR since 2021. Founder of K-Fastigheter. Head of business area CEO since 2010. since 2021. Martin Larsson Kaj Grönvall Eric Jo
Slide 19: Major shareholders
Carnegie Real Estate Seminar, 13 September 2021 Name Number of Class Number of Class Total number of Percentage of Percentage of A shares* A shares* shares share capital votes Jacob Karlsson AB 11,250,000 63,750,000 75,000,000 34.8% 39.3% Erik Selin Fastigheter AB 11,250,000 63,750,000 75,000,000 34
Slide 20: Group structure
Carnegie Real Estate Seminar, 13 September 2021 Associated companies 50% Novum Samhällsfastigheter Subsidaries 100% 33% K-Fastigheter HOMEstate (~60 subsidiaries) K-Fast Bygg 100% 33% Ramsdalen 3:1 (6 subsidiaries) Fastighets AB 31% PVS Mark&Va K-Fast Holding AB (publ) Fosie Mark i skåne 50% K-Prefa
Slide 21: Project development portfolio tables
No. of Lettable area m2 Property value Rental value Investment (including land), SEK m1 apartments Housing Premises Total SEK m SEK/m2 SEK m SEK/m2 Estimated Developed Carrying amount Per building category Concept buildings 5,419 319,177 975 320,152 13,671.0 42,701 601.9 1,880 9,438.2 202.2 202.2 Ot
Slide 22: Ongoing construction portfolio tables
No. of Lettable area m2 Property value Rental value Investment (including land), SEK m1 apartments Housing Premises Total SEK SEK/m2 SEK SEK/m2 Estimated Developed Carrying amount Per building category Concept buildings 1,507 98,990 196 99,186 4,175.7 42,100 195.1 1,967 3,045.7 1,373.2 1,824.8 Other
Slide 23: Property management portfolio tables
No. of Lettable area, m2 Property value Rental value Contractual rent Operating surplus apartments Housing Premises Total SEK m SEK/m2 SEK m SEK/m2 SEK m SEK m SEK/m2 Per building category Concept buildings 1,468 91,563 2,307 93,600 3,535,3 37,770 162,4 1,735 159.5 140,2 1,497 Other 837 56,573 26,66