PPI Public Property Invest (PUBL) Stockholm Corporate Finance Conference 2025 summary

Strategic direction and market positioning

• Focus on sustainable ownership, operation, and development of social infrastructure properties across Norway, Sweden, and Finland, with 90% of assets in this segment and 80% government tenants.

• Pursues a leading consolidator role with opportunistic growth, supported by a diversified, centrally located portfolio and high occupancy (98%) with a WAULT of 6.8 years.

• Maintains a strong balance sheet, conservative financial policy, and BBB rating from Fitch, with proven access to international capital markets.

• Raised NOK 5.3 billion in equity over 1.5 years and issued significant debt in EUR, NOK, and SEK.

Leadership and governance

• Board and management comprise experienced leaders from real estate, finance, and government, including a former finance minister and executives from major Nordic property firms.

• Centralized internal organization designed for efficiency and control, with key roles in finance, investor relations, and operations.

Portfolio and operational highlights

• Portfolio includes 96 properties totaling 613,000 sqm, with 270,000 sqm development potential and a portfolio value of NOK 24.5 billion.

• Rental income is diversified across government agencies, police, municipalities, education, healthcare, and critical infrastructure.

• High renewal rates and sticky tenant base, with recent lease extensions such as the Courts of Norway to 2048.