Heba Fastighets (HEBA) Stockholm Corporate Finance Conference 2025 summary

Strategic direction and market overview

• Focus on profitable and sustainable growth in Stockholm and Mälardalen, specializing in rental housing and care properties.

• Vacancy rate remains extremely low at 0.05%, with high demand and long waiting times for rental units.

• Expansion includes both new developments and acquisitions, with a growing portfolio of care and rental properties.

Financial performance and goals

• Targets 5% average annual improvement in management results and a loan-to-value ratio not exceeding 45%.

• Achieved a 2% improvement in management results and a 46.6% loan-to-value ratio in Q2 2025.

• Surplus ratio reached 74% in Q2 2025, exceeding the 70% target.

• Dividend policy aims for at least 50% of after-tax management results; this was met in the latest period.

Financing and sustainability initiatives

• Issued green bonds and certificates, with all financing to be green or sustainable by 2030.

• Shares classified as green under Nasdaq Green Equity Designation.

• Included in EPRA index and maintains a BBB stable credit rating.