Prisma Properties AB (publ) (PRISMA) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning everyone and thank you for joining us today. We are pleased to present another quarter of strong operational and financial performance. Prisma continues to deliver according to plan as we execute our strategy. We are growing through acquisitions and creating value through developments while maintaining a portfolio with a very high occupancy with long and stable cash flows. We continue to build one of the strongest and most modern portfolios in the Nordics within our segment. Our portfolio has now reached almost 11 billion and we continue to see attractive opportunities across all our markets. With strong tenant demand and growing project portfolio and a solid financial position, Prisma is well positioned to continue delivering profitable growth. Looking at the highlights of the quarter, this has been another active quarter for Prisma. We have strengthened our position in Finland through additional acquisitions, where we continue to see attractive opportunities within grocery and discount retail. During the quarter, we've also signed an LOI with a tenant for segmented one in Kungiskurva. Segmented One is our largest building right and we look forward to providing more detailed information once the lease agreement is in place. What we can say already is that this project will have a positive impact on both our vault and the share of grocery and daily goods in our portfolio. With an agreement in place in Kungeskurva, we will have activated the majority of our building rights. and we're making good progress on the few remaining ones. And our ambition remains unchanged. All building rights shall generate cash flows before the end of 28. This quarter we completed our exit from the Norwegian market, allowing us to focus entirely on Sweden, Finland and Denmark, ...