Prisma Properties Year-End Report 2025
Q4, October – December 2025
- Net lettings: SEK 15 (15) million
- Rental income: SEK 138 (102)
- Net operating income: SEK 118 (89) million
- Net financial items: SEK -40 (-29) million
- Profit from property management: SEK 67 (47) million
- Adjusted profit from property management, excluding items affecting comparability: SEK 67 (47) million
- Changes in value of properties: SEK 86 (32) million, corresponding to an increase in value of 1.1%
- Net profit/loss for the period: SEK 119 (81) million, equating to SEK 0.72 (0.49) per share before and after dilution
- The Board of Directors proposes to the Annual General Meeting that no dividend, SEK 0 (0), should be distributed for the 2025 financial year as the Board sees extensive investment opportunities that create greater shareholder value
January – December 2025
- Net lettings: SEK 65 (55) million
- Rental income: SEK 492 (393) million
- Net operating income: SEK 421 (344) million
- Net financial items: SEK -153 (-131) million
- Profit from property management: SEK 221 (129) million
- Adjusted profit from property management, excluding items affecting comparability: SEK 221 (156) million
- Changes in value of properties: SEK 234 (1) million, corresponding to an increase in value of 3.2%
- Net profit/loss for the period: SEK 350 (36) million, equating to SEK 2.13 (0.25) per share before and after dilution
CEO’s Comments
During the fourth quarter, Prisma Properties continued to grow through several strategic acquisitions and high paced project development. For the twelfth consecutive quarter, the company delivered positive net lettings, resulting in rising cash flows and long-term value creation. Rental income increased by 34 percent to SEK 138 million compared with the same period last year. Net operating income increased by 32 percent to SEK 118 million, and profit from property management rose to SEK 67 million - an increase of 42 percent.
“The acquisitions of a Kesko portfolio and two ICA Maxi stores, combined with our continued development of new grocery stores, together contribute to a significantly increased share of grocery assets in Prisma’s property portfolio. The combination of strong lettings, high project activity and a continued high acquisition pace means that Prisma is better equipped than ever to drive profitable growth in our Nordic markets. Several of our tenants are expanding into new markets, and discount retailers are broadening their assortments - particularly in groceries. This increases demand for our locations and makes Prisma’s properties even more strategic”, says Fredrik Mässing, CEO of Prisma Properties.
The full CEO statement is available in the interim report.