Doxa (DOXA) Stockholm Corporate Finance Conference 2026 summary

Strategic focus and business model

• Emphasis on acquiring cash flow-positive properties and value-secured divestments, combining long-term ownership with active risk management.

• Two main business areas: high-yield properties and strategic project development, with ongoing portfolio analysis and active management.

• Financial discipline maintained through optimized financing mix, controlled risk profile, and clear KPIs for cash flow and risk.

• Selective divestments and reinvestment of released capital into high-potential projects or properties.

Property portfolio and valuations (as of 2026-06-30)

• Major assets include Karlastaden project (2,358.2 MSEK), Gothenburg View (640.5 MSEK), and Karlastaden Media (331.0 MSEK).

• Additional holdings: parking (92.1 MSEK), warehouse/light industry (57.2 MSEK), project portfolio (174.9 MSEK), and apartments (37.2 MSEK).

Market trends and project economics

• Central Gothenburg housing prices rose nearly 7% from Nov 2025 to June 2026, while construction costs increased by only 2%.

• Improved project economics due to widening gap between revenues and costs, supported by stable interest rates and controlled inflation.

• Updated exploitation calculations reflect positive market developments and enhanced project feasibility.