Heba Fastighets (HEBA) Stockholm Corporate Finance Conference 2025 summary

Strategic direction and portfolio development

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

• Portfolio includes 44 rental properties and 14 care homes, totaling 3,110 rental units and 825 care units.

• Vacancy rate remains extremely low at 0.05%.

• Ongoing and planned projects will add approximately 400 rental units by 2029, with additional partnerships targeting 866 units.

Financial performance and targets

• Management result for H1 2025 reached SEK 271 million, with a surplus ratio of 74%.

• Financial targets for 2025–2030 include 5% annual growth in management results, a loan-to-value ratio below 45%, and a surplus ratio above 70%.

• Q2 2025 loan-to-value ratio was 46.6%, slightly above target.

• Dividend policy aims for at least 50% of after-tax management results; Q2 2025 payout met this goal.

Sustainability and green finance

• Achieved Nasdaq Green Equity Designation and issued green bonds and certificates.

• All financing to be green or sustainable by 2030; all new projects from 2025 must cut construction emissions by 50%.

• Targeting climate-neutral property management by 2030 and full operational neutrality by 2045.

• All properties to reach energy class C or better and be certified and climate risk-analyzed annually.