Mofast (MOFAST) Stockholm Corporate Finance Conference 2025 summary

Portfolio overview

• Owns 67 properties valued at SEK 2.8 billion, with a lettable area of 134,967 sqm.

• Portfolio includes both residential and community properties, mainly in growth regions like Stockholm and Mälardalen.

• 82% of assets are in attractive Swedish growth regions.

Strategic development and history

• Expanded through acquisitions of community and residential properties, especially in Stockholm, Södertälje, Uppsala, and Örebro.

• Built an internal organization and established a sustainability policy for 2023–2025.

• Listed shares on Spotlight Stock Market and implemented a new strategy to increase investment pace.

• Completed rights issues and divested selected properties to optimize the portfolio.

Financial performance and forecasts

• Balance sheet total and interest coverage ratio show stable development through 2024–2025.

• Forecasts indicate a steady interest coverage ratio and a target loan-to-value ratio below 60%.

• Average interest cost is 3.8% with 51% interest rate hedging as of June 2025.

• Capital structure is balanced with 50% equity and 50% interest-bearing debt.