Sveafastigheter Ab · OMXSTO:SVEAF
Sveafastigheter Ab — Q2 2026 Earnings Presentation
14 slides from Sveafastigheter Ab's earnings presentation, Jul 16, 2026
Slide 1: Interim Report 1 January – 30 June 2026
INTERIM REPORT 1 1 JANUARY – 30 June 2026
Slide 2: Presenting today
Presenting today Erik Hävermark CEO 2
Slide 3: Key highlights
Key highlights T ransformative merger with KlaraBo that takes Sveafastigheter into its next phase Strong rental and NOI growth Divested three new development projects amounting to SEK 1.2 billion Enters into a strategic property management partnership with Acer Bostad Sveafastigheter was placed on R
Slide 4: Strong rental development
Strong rental development FINANCIAL KEY FIGURES, APRIL – JUNE 2026 (SEK) Rental income Net operating Profit from Changes in Profit/loss for the income property property values 1) period management 408 m 264m 110m 33m -26m + 6.5% + 7.1% 4 +4.4% like-for-like +3.2% like-for-like 1) 322m invested in th
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
Slide 6: Delivering on strategy to improve operational efficiency
Delivering on strategy to improve operational efficiency OCCUPANCY RATE (%) CENTRAL ADMINISTRATION ( mSEK ) 95,7 56 95,5 14 95,4 48 95,3 42 95,0 35 2 48 31 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 Earnings 2025 2025 2025 2026 2026 2025 2025 2025 2026 2026 capacity* Central administration 2026 Non -recurring co
Slide 7: Profitable investments in standing assets
Profitable investments in standing assets APARTMENT UPGRADES (# OF APARTMENTS) INVESTMENTS Yield on 138 cost SEK 59m SEK 213m Yield on > 10% Q2 cost 99 Q1 > 6% SEK 33m Q2 77 Q1 64 Q2 58 SEK 121m Q2 Q1 Q1 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Apartment Energy Other Total upgrades projects investmen
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 589 766 293 345 Last 12 Expected in coming Commuting to city Share of portfolio months 12 months < 30 min 72% 30 – 40 min 19% Construction starts Complete
Slide 9: Solid financial structure
Solid financial structure COMMENTS • Liquidity sources amount to SEK 2,354m of which SEK 237m in cash 45% 3.33% and cash equivalents and SEK 1,930m in undrawn credit facilities Loan -to-value Average and SEK 187m in undrawn loan. (30 Jun 2026) interest rate 1.9x BBB - Interest coverage with Positive
Slide 10: Earnings capacity
Earnings capacity Properties under Ongoing COMMENTS Amount in mSEK management construction* Rental value 1,745 41 • NOI increased by SEK 37m quarter - Vacancy -81 -1 on-quarter, mainly driven by the Rental income 1,664 41 completion of Enhörningen and annual rent adjustments. Property expenses -62 1
Slide 11: Merger with KlaraBo - Strategic rationale and key milestones
Merger with KlaraBo - Strategic rationale and key milestones 1 Creating a scaled SEK 47bn residential platform More predictable and resilient cash flows, as well as broader diversification and increased 2 share of income -generating residential asset Increased size, cash flow and lower financial and
Slide 12: Focus going forward
Focus going forward Improved profit from property management per share Further strengthen the capital structure and improve credit rating Integration progress and the gradual realization of synergies resulting from the merger 12
Slide 13: Q&A
Q&A 13
Slide 14: ir@sveafastigheter.se
ee Sveafastigheter ir@sveafastigheter.se