Vasakronan's interim report January-June 2026

09 Jul 2026 12:00 CEST

Stable rental revenue and operating profit

· Rental revenue amounted to SEK 4,716 million (4,669). In comparable property
holdings, rental revenue was unchanged.
· New lettings corresponding to 63,000 square metres (76,000) and annual rent
of SEK 390 million (315) were contracted. Net lettings amounted to negative SEK
69 million (negative: 43).
· The occupancy rate was for the total portfolio was 87.2%, which was a
decrease with 0.50 percentage points compared with the end of 2025.
· Operating surplus amounted to SEK 3,420 million (3,424). For comparable
property holdings, the decrease was 2%.
· Net interest amounted to an expense of SEK 947 million (expense: 898). The
increase was primarily due to higher interest-bearing liabilities.
· The interest coverage ratio amounted to a multiple of 3.4 (3.7).
· Income from property management amounted to SEK 2,296 million (2,390).
· The change in value of investment properties amounted to an increase of SEK
241 million (390), corresponding to an increase of 0.2%. The property portfolio
market value amounted to SEK 182,811 million, compared with SEK 181,812 million
at the end of 2025.

"Market conditions are essentially unchanged. Vacancies remain high and demand
is clearly polarised based on location and quality," says Johanna Skogestig, CEO
of Vasakronan.


"For Vasakronan, this means maintaining customer focus and being highly active.
The new lettings volume amounts to SEK 390 million to date this year and is
concentrated in the most central areas of Stockholm," concludes Johanna
Skogestig.

For further information, please contact:

Johanna Skogestig
CEO of Vasakronan
Tel: +46 (0)73 068 75 17
E-mail: johanna.skogestig@vasakronan.se

Johnny Engman
Chief Financial Officer
Tel: +46 (0)70 355 59 27
E-mail: Johnny.engman@vasakronan.se

Vasakronan is Sweden's leading property company with a portfolio valued at
around SEK 183 billion. The portfolio is focused on centrally located office and
retail properties in the growth regions of Stockholm, Uppsala, Gothenburg and
Malmö. In terms of city retail, Vasakronan is the largest in all regions. The
property portfolio comprises 167 properties with a total area of about 2.4
million square metres. The company is owned by the Second, Third and Fourth
Swedish national pension funds. Our assignment is to generate a high, risk
-weighted return. Though never at the expense of the environment and people.
Read more at www.vasakronan.se

More information:
Access the news on Oslo Bors NewsWeb site

677884_Vasakronan_s_interim_report_Q2_2026.pdf