Heba is reporting higher income from property management for Q1 2026 of SEK 57.6m (55.0), corresponding to 5% growth. The NOI margin was 71.3, only slightly lower year-over-year (71.7) in a quarter of bitter cold and heavy snow. Despite the weather, the company achieved record-low energy use of only 65 kWh/m2 (73).
“This outstanding performance, even in tough winter conditions, shows that the company’s efficient property management and unceasing efforts to reduce energy consumption are working,” says Patrik Emanuelsson, CEO Heba Fastighets AB.
Total profit grew to SEK 108.5m (53.5) Rental income increased by 4% and net operating income by 3% year-over-year. Ownership of 171 rental apartments at the Viggholmen 1 property in Vårberg made a positive contribution to profit and will continue to do so during the year. The company’s residential vacancy rate remains minuscule. Heba’s current maintenance costs for a property portfolio that is virtually fully renovated are about SEK 8/m2, down 79% since 2010.
Energy use had dropped to 65 kWh/m2 (73) by the end of the period and the work to achieve the annual target of 40 kWh/m2 by 2030 continues to progress. Heba’s efforts to reduce climate impact have yielded impressive results. The company has successfully cut carbon emissions in property management by 91% since 2018. Even though not required to do so, Heba produced a CSRD-compliant sustainability report for the first time.
The company remained active on the capital market, and Heba issued green bonds of SEK 300m in Q1 at a favourable price level.
KPIs January-March 2026:
Heba will present results for January–March 2026 in a pre-recorded video. The video will be published on ir.hebafast.se after the report is released.