Logistea AB (publ) (LOGI_B) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:03.795 Welcome to Logistia Q2 Earnings Call 2026. 00:00:03.795 -- 00:00:08.921 During the questions and answers session, participants are able to ask questions by dialing 00:00:08.921 -- 00:00:14.226 pound key 5 on their telephone keypad. Now I will hand the conference over to CEO 00:00:14.226 -- 00:00:16.709 Nicholas Zuckerman and CFO Philip Lofgren. 00:00:16.709 -- 00:00:19.210 Please go ahead. 00:00:22.018 -- 00:00:27.665 Good morning and welcome to the presentation of Logistea's first half of 2026. 00:00:27.665 -- 00:00:32.532 As always, to present myself, Niklas Huckeman, and Filip Lövgren. 00:00:32.532 -- 00:00:38.257 And also, as always, we're happy to take any questions after the presentation. 00:00:40.023 -- 00:00:45.087 We have during the first half of 2026 continued to deliver on our strategy 00:00:45.087 -- 00:00:51.150 to build a portfolio of long-leased properties within logistics and light industrial. 00:00:51.291 -- 00:00:56.836 We today own 170 properties at a value of 17.6 00:00:56.836 -- 00:01:02.159 billion SEK. The occupancy stands high at 97% 00:01:02.159 -- 00:01:06.721 and we're reporting a net initial yield of 6.8%. 00:01:07.343 -- 00:01:12.451 Focus for the growth has been the Nordics and will continue to be the Nordics and will 00:01:12.451 -- 00:01:15.112 come back to the transactions 00:01:15.877 -- 00:01:20.341 undertaken during the first quarter of this year. 00:01:22.967 -- 00:01:28.068 Highlights for the first six months include that we are reporting income of 00:01:28.068 -- 00:01:33.090 622 million SEK representing a 22% increase 00:01:33.090 -- 00:01:38.091 compared to last year. The NOI stands at 559 00:01:38.091 -- 00:01:44.012 million SEK and the income from property management is up 27% to 313 milli...