Heba Fastighets (HEBA) Stockholm Corporate Finance Conference 2025 summary

Strategic achievements and market positioning

• Achieved 'green stock' status from Nasdaq ahead of 2030 target, reflecting years of systematic sustainability work.

• Portfolio concentrated in Stockholm, with additional properties in Enköping, Uppsala, and Norrtälje, focusing on micro-market dynamics.

• Shifted portfolio towards care and nursing properties, now representing 30% of net operating income, aiming for 40% as new acquisitions are integrated.

• Care and nursing property portfolio valued at 5 billion SEK, expected to double within five years due to demographic trends and high demand.

• Vacancy rate in Stockholm is extremely low at 0.05%, with strong population growth and high active demand for housing.

Financial performance and growth strategy

• Current growth rate is 2%, with a target of 5% average annual growth over the next five years.

• Loan-to-value ratio is slightly above the 45% target due to share buybacks and liquidity management.

• Surplus ratio has improved from 62-63% in 2017 to 74% in the latest half-year, reaching 76% in the last quarter.

• Management result has doubled per area due to efficiency gains from renovations and portfolio optimization.

• Project pipeline includes densification and collaborations, with active acquisition and divestment strategies to capitalize on current market opportunities.

Sustainability and digitalization initiatives

• Operational climate neutrality targeted by 2030, with all new production from 2030 to have halved environmental impact.

• All financing to be green, all properties to be environmentally certified, and comprehensive climate risk analyses in place.

• Digitalization efforts include structured data rooms, digital twins for all properties, and real-time monitoring of key components.

• Predictive maintenance and real-time analytics are being implemented to enhance operational efficiency and tenant experience.

• All data and digital tools are already operational, supporting proactive property management.