Prisma Properties AB (publ) (PRISMA) Q2 2025 Earnings Call

Investor webinar replay

Watch the replay and follow the connected company analysis, news, and investor updates for Prisma Properties Ab.

Watch the replay

Replay transcript excerpt

WEBVTT 00:00:00.588 -- 00:00:04.994 Welcome to Prisma Properties Q2 2025 report presentation. 00:00:04.994 -- 00:00:09.219 For the first part of the presentation, participants will be in listen only mode. 00:00:09.219 -- 00:00:13.645 During the questions and answers session, participants are able to ask questions by dialing 00:00:13.645 -- 00:00:18.712 pound key 5 on their telephone keypad. Now I will hand the conference over to 00:00:18.712 -- 00:00:22.056 CEO Frederick Masing and CFO Martin Lindquist. 00:00:22.056 -- 00:00:24.259 Please go ahead. 00:00:24.259 -- 00:00:29.478 Hi everyone and thank you for joining today's presentation of our Q2. 00:00:29.478 -- 00:00:32.882 We are pleased to report another good quarter for Prisma. 00:00:32.882 -- 00:00:37.368 We've continued to deliver on our strategy and strengthen our position in the Nordic 00:00:37.368 -- 00:00:38.770 market. 00:00:38.770 -- 00:00:41.874 Let me walk you through some of the key highlights. 00:00:41.874 -- 00:00:47.041 We closed the quarter by completing our first acquisition in Finland, finalized 00:00:47.041 -- 00:00:52.047 the 1st of July. This is a key step in our Nordic expansion, 00:00:52.047 -- 00:00:57.054 and we see great potential to grow further in Finland by acquiring modern properties 00:00:57.054 -- 00:01:00.443 with long leases on attractive yields. 00:01:00.443 -- 00:01:05.629 Net letting for the quarter came in at 15 million, which brings us to 32 million 00:01:05.629 -- 00:01:11.475 year to date, a clear sign to continue demand and tenant activity. 00:01:11.475 -- 00:01:16.801 We also signed several new long lease agreements, further strengthening our presence 00:01:16.801 -- 00:01:19.945 in both in Sweden and Denmark. 00:01:19.945 -- 00:01:25.531 Rental income grew by 19% year ove...