Intea Fastigheter Ab Class B · OMXSTO:INTEA_B
Intea Fastigheter Ab Class B — Q3 2026 Earnings Presentation
16 slides from Intea Fastigheter Ab Class B's earnings presentation, Oct 22, 2026
Slide 1: Interim Report Q3 2026 Investor Presentation
INTERIM REPORT Q3 2026 INVESTOR PRESENTATION OCTOBER 22, 2026
Slide 2: Intea in Brief
INTEA IN BRIEF Key events in Q3 2026 Overview KPI:s for Jan-sep 2026 (Jan-sep 2025) Issuance of three green bonds totalling SEK Rental income, SEKm Surplus ratio Loan To Value Average yield1) 1.95bn and repurchase of bonds totalling SEK 1.1bn. 1,376 83.7% 47.7% 5.8% Completion of the Train depot
Slide 3: Strong Development in the Quarter
Malmö, Niagara 2, University STRONG DEVELOPMENT IN THE QUARTER Rental income SEKm Q3 2026 Q3 2025 Rental income 463 392 +18.1% NOI 397 341 (+2.9%) 1) Central administration -17 -14 Net financial items -93 -85 NOI Profit from property management 287 242 +16.6% Changes in value investment properties 1
Slide 4: Significant Events During and After the Quarter
SIGNIFICANT EVENTS DURING AND AFTER THE QUARTER Completed project Closed acquisition New project Train Depot phase 2, Falköping District Court, Härnösand Ambulance station, Trollhättan Completion, Q3 2026 Closing, October 2026 Estimated completion, Q4 2028 Lettable area: - Lettable area: 4.3 tsqm Le
Slide 5: Selection of Ongoing Projects
SELECTION OF ONGOING PROJECTS1) Justice Custody unit, Gävle Prison phase 1, Kristianstad Estimated completion, Q2 2030 Estimated completion, Q4 2026 Lettable area: 21.9 tsqm Lettable area: 11.2 tsqm WAULT: 25 years WAULT: 25 years Estimated rental value: SEK 96m2) Estimated rental value: SEK 52m Est
Slide 6: Project Pipeline as per Q3 2026
PROJECT PIPELINE1) AS PER Q3 2026 Estimated additional rental value2) through the project portfolio, SEKm Estimated investments by category and estimated WALT 2 735 2 409 Share of estimated Estimated Average lease period 2 254 total investment3) NOI (lettable area) 878 2 001 552 Higher education Hig
Slide 7: Public Sector Tenants and Long WAULT
PUBLIC SECTOR TENANTS AND LONG WAULT Share of public tenants and WAULT Lease expiry profile, share of contracted rent public Expiry profile annuity-based rent supplements, 98,0% 9,0 tenants, %1) share of total, %1) 8,0 Average annual indexation, Annuity-based rent, SEKm 43,4% 96,0% 51% 7,0 94,0% 6,0
Slide 8: Property Value and Yield
Halmstad, Fanan 54, University PROPERTY VALUE AND YIELD Property value and yield1), SEKm and % 30 000 6,0% 5,9% 28 000 5,8% 5,8% 5,8% 5,8% 26 000 5,6% 5,5% 5,5% 24 000 5,4% 22 000 5,2% 5,2% 5,2% 20 000 5,0% 18 000 4,8% 16 000 4,6% 14 000 4,4% Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q
Slide 9: Solid Cashflow from Operations
SOLID CASHFLOW FROM OPERATIONS Cashflow from operating activities before changes in working capital, SEKm 300 1100 250 900 200 700 150 500 100 300 50 100 0 -100 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 Cashflow from operating activities (quarter), SEKm (left) Cashflow from ope
Slide 10: Strong Financial Position
STRONG FINANCIAL POSITION Target: 50-55% Loan-to-value ratio, % Not exceed 60% Interest coverage ratio, x Net Debt/EBITDA1) 60,0% 5,0 14 Target: 12,4 > 2.0x in long term 50,0% 12 4,0 4,0 10,8 3,9 3,8 10,1 10,2 3,7 9,6 9,7 9,5 10 9,3 9,4 40,0% 3,4 9,0 9,1 3,0 2,9 8,1 8,0 7,7 7,7 8 7,4 2,7 30,0% 2,4 2
Slide 11: Continued Growth
CONTINUED GROWTH Long-term NAV1) (EPRA NRV), SEKm and SEK per class A and B share Profit from property management, SEK per class A and B share 12 200 60,00 1,16 4,70 1,20 1,12 11 400 1,03 1,06 58,07 58,00 0,99 4,37 10 600 1,00 4,20 4,20 55,97 56,14 56,00 0,85 0,86 9 800 0,79 3,94 53,84 54,00 0,80 3,
Slide 12: Strong Balance Sheet and Well Balanced Debt Profile
STRONG BALANCE SHEET AND WELL BALANCED DEBT PROFILE Interest rate term structure, SEKm and % 7 000 4,0% Financial KPI:s Q3 2026 Q3 2025 6 000 3,17% 3,5% 2,99% Interest-bearing debt, SEKm 14,953 12,193 2,83% 2,58% 3,0% 5 000 Average interest rate, % 2.84 2.91 2,20% 2,5% 4 000 2,04% Capital commitment
Slide 13: Good Access to Capital
GOOD ACCESS TO CAPITAL Spread (mid, bps) Intea Spread Curve Development 130 120 110 100 90 80 70 60 50 40 30 20 10 0 0,0 0,5 1,0 1,5 2,0 2,5 3,0 3,5 4,0 4,5 5,0 Years to Maturity Intea (02-Jul-26) Intea (01-Oct-26) Investment grade credit rating shall be maintained Long-term rating BBB Outlook Stabl
Slide 14: Earning Capacity
EARNING CAPACITY SEKm October 1, 2026 October 1, 2025 Rental income NOI Profit from property Rental income 1,837 1,547 management NOI Central administration 1,551 -68 1,345 -61 +19% +15% +16%1) Net financial items -370 -332 Profit from property management 1,113 953 Dividend Class D shares -150 -118
Slide 15: Well Positioned in More Challenging Market
Kalmar, Eldaren 6, University WELL POSITIONED IN MORE CHALLENGING MARKET Well positioned to navigate and capitalize on a more challenging market environment Tenant demand for new and modernized premises supports the addition of new projects Extensive project pipeline underpins stable and predi
Slide 16: Subsequent questions can be posted to CFO Magnus Ekström
Subsequent questions can be posted directly to CFO Magnus Ekström by email: [email protected] Charlotta Wallman Hörlin Magnus Ekström CEO CFO +46 733 24 50 25 +46 705 49 86 02 [email protected] [email protected] CONFIDENTIAL