Studentbostäder i Norden (STUDBO) Kvartalet Live 2026 summary

Portfolio overview

• 64% of property value is concentrated in Stockholm, Gothenburg, and the Öresund region, close to major universities.

• Portfolio consists of 40 properties across 18 locations in Sweden, Denmark, and Norway.

• Total lettable area is 181,860 sqm with an average value of 44,416 SEK/sqm.

• Direct yield requirement stands at 4.89%.

Market trends and demand

• Demand for student housing continues to strengthen, with 186,000 registered in the housing queue since 2023.

• Rolling 12-month occupancy rate reached 96.4%, up from 95.1% the previous year.

• Luleå maintained 100% occupancy throughout the year due to block leasing linked to the green transition.

Financial performance and outlook

• Revenue for Jan–Jun 2026 was 250 MSEK, a 5% increase year-over-year.

• Operating surplus rose 24% to 152 MSEK, with a surplus ratio of 61%.

• Management result improved by 4% to 86 MSEK, with a 30% increase over the previous year.

• Interest coverage ratio is 1.41x, and average vacancy over 12 months is 3.6%.