Sveafastigheter Ab · OMXSTO:SVEAF

Sveafastigheter Ab — Q1 2026 Earnings Presentation

13 slides from Sveafastigheter Ab's earnings presentation, Apr 23, 2026

  1. Slide 1: Interim Report January – March 2026

    INTERIM REPORT 1 1 JANUARY – 31 MARCH 2026

  2. Slide 2: Presenting today

    Presenting today Erik Hävermark CEO 2

  3. Slide 3: Significant events in Q1

    Significant events in Q1 Strong rental growth Improved occupancy Realized development gains Strengthened financial position and flexibility Share buy-backs initiated 3

  4. Slide 4: Strong rental development and a solid profit

    Strong rental develoment and a solid profit FINANCIAL KEY FIGURES, JANUAR Y – MARCH 2026 (SEK) Rental income Net operating Profit from Changes in Profit/loss for the income property property values 1) period management 398m 202m 62m 148m 277m +6.0% + 5. 3 % 4 +4.9% like-for-like +3.9% like-for-like

  5. Slide 5: Focus areas

    Focus areas Occupancy – strengthen occupancy rate and NOI OPERATIONAL EFFICIENCY Cost efficiency - lowering administrative costs Upgrades – strengthen NOI and modernize apartments PROFITABLE INVESTMENTS Energy efficiency – lower operating costs and modernize properties New construction – strong retu

  6. Slide 6: Delivering on strategy to improve operational efficiency

    Delivering on strategy to improve operational efficency OCCUPANCY RATE (%) CENTRAL ADMINISTRATION (mSEK ) 95,7 95,5 11 14 95,3 95,0 94,9 2 49 48 48 42 35 31 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Earnings 2025 2025 2025 2025 2026 2025 2025 2025 2025 2026 capacity* Central administration Non-recurring costs 6

  7. Slide 7: Profitable investments in standing assets

    Profitable investments in standing assets APARTMENT UPGRADES (# OF APARTMENTS) INVESTMENTS Yield on 138 cost Yield on > 10% cost SEK 20m SEK 96m > 6% 77 SEK 13m 64 55 58 SEK 63m Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Apartment Energy Other Total upgrades projects investments investments TARGET: Sta

  8. Slide 8: Profitable investments in new development

    Profitable investments in new development COMPLETED AND STARTED NEW CONSTRUCTION Tram (# OF APARTMENTS) Subway ~5.5% Commuter train Yield on cost 589 403 363 218 Last 12 Expected in coming Commuting to city Share of portfolio months 12 months < 30 min 71% 30 – 40 min 19% Construction started Constru

  9. Slide 9: Solid financial structure

    Solid financial structure COMMENTS • Liquidity amounts to SEK 3,322m of which SEK 279m in cash and cash 43% 3.30% equivalents and SEK 1,830m in undrawn credit facilities and SEK Loan -to-value Average 1,213m in undrawn loan. (31 Mar 2026) interest rate • Established EMTN -program and issued EUR 300m

  10. Slide 10: Earnings capacity

    Earnings capacity Properties under Ongoing COMMENTS Amount in mSEK management construction* Rental value 1,695 63 • Other income relates to external Vacancy -77 -1 property management agreement. Rental income 1,618 62 • SEK 45m under central Property expenses -613 -8 Net operating income 1,00 6 54 a

  11. Slide 11: Focus going forward

    Focus going forward Continued improvement of NOI margin Further strengthen the capital structure and improve credit rating Value-focused capital allocation 11

  12. Slide 12: Q&A

    Q&A 12

  13. Slide 13: ir@sveafastigheter.se

    ee Sveafastigheter ir@sveafastigheter.se

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