Wihlborgs Fastigheter AB (publ) (WIHL) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

and welcome to the presentation of Hlbor's first half report 2026. So let's start with the future and the acquisition of 95 properties in Malmö, Lund and Helsingborg. 635,000 square meters, initial yield including property management costs at 5%, just in line with the Swedish portfolio. And this is before we have done any efficiency improvement that we expect from ourselves. Additional upside is 50% vacancy to give development possibilities ahead. The total portfolio suits us almost like a tailor-made glove. The location is right into our most appreciated areas. The mix with both offices and industrial logistics is perfect. If we look at the location of our properties in Malmö City, including part of Dokkan and Nyhandeln, Vilborg owns the black colored buildings in this map, And here we can add on 11 properties in the same area, located as the red dots. In the area of Fosie in Malmö, we can add on Valentine's properties. In Lund, at the Ideal site, here is four properties from Castellum. Two of them are land for development. In the city center of Helsingborg, we have several large properties. And here is the location of 14 additional properties. And in the various locations in Helsingborg, we can add on 10 properties. So, almost like yin and yang for these portfolios. Now we can work with a larger portfolio for our tenants, but also to make room for the other investors that might be a better owner for some of the areas or properties. The interest for investments in the region is high. This is a way to create possibilities for future growth of income and growth of operating surplus for our shareholders. If we can choose, we are totally convinced that if you can get growth in the market you already know very well, you can perform better. And if you combine a large acqu...