Slides
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01 Interim Report Q2 2025 Atrium Ljungberg Interim Report / 2025
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1 2 3 4 02 Overview PROPERTY PORTFOLIO SEKm23, +0,0%Q2 SEKm201,+0,4%Q1-Q2 SEK 60 billion RENTAL MARKET SEKm -9 SEKm 14 PROJECTS SEK0,8billion Q2 SEK1,4billion Q1-Q2 SEK 9,6billion EARNINGS SEKm524, +1% Q2 SEKm1041, Q1-Q2 SEKm644,-13% Q1-Q2 Interim Report Q2 2025
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Atrium Ljungberg in brief. Property value SEK 60 billion Contracted annual rent SEK 3 billion Letting area 877,000 m2 Occupancy rate 91% Loan-to-value ratio 42% 5% Uppsala Stockholm Gothenburg Malmö 65% 20% 3% 12% 1% 5% 80% 10% Interim Report Q2 202503
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04 OFFICES Slightly higher activity in recent months. Rental and residential market RETAIL Recovery in consumption is taking longer time. RESIDENTIALS Better conditions are expected to lead to a gradual recovery. Interim Report Q2 2025
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05 Most significant lettings Interim Report Q2 2025 Grocery store Mobilia, Malmö 1,454 sq.m. Green Cargo Mineralvattenfabriken, Hagastaden 1,537 sq.m. Coop Östra Mineralvattenfabriken, Hagastaden 1,448 sq.m. LETTING LETTING LETTING Ericsson Lindholmen, Gothenburg 31,537 sq.m. RENEGOTIATION Restaurant Mälarterrassen, Slussen, 373 sq.m. LETTING
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06 Stable and diversified customer base Interim Report Q2 2025 Maturity structure annual contract value ─ ─ ─ ─
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07 Retail Interim Report Q2 2025 Sales per month 2020 January – 2025 May Visitors per month to our retail hubs Our retail hubs – overview
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PROFIT FROM PROPERTY MANAGEMENT CHANGES IN VALUE PROPERTIES 08 Results — — — — RENTAL INCOME OPERATING SURPLUS NET FINANCIAL ITEMS LETTING RATE 90,5% OPERATING SURPLUS MARGIN Q1-Q2 71,4% AVERAGE YIELD REQUIREMENTS 4,7% Interim Report Q2 2025 SEKm 725 -4% SEKm 524 -4% SEKm -170 +27% SEKm 317 -15% SEKm 23 Q2 2025 SEKm 1 461 -3% SEKm 1 043 -4% SEKm -323 +20% SEKm 644 -13% SEKm 201 Q1-Q2 2025
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09 Comparable portfolio +2.1%/+1.8% → OFFICES +3.1%/+2.4% RETAIL -0.2%/+0.6% Operating surplus comparable portfolio Interim Report Q2 2025 SICKLA CENTRAL
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10 Operating surplus transactions EKEN 6 and EKEN 14, 36,400 sq.m. Divestment Q2 2024 Interim Report Q1 2025 Changes in operating surplus, transactions: Sold properties Acquired properties SEKm -46 SEKm -1
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11 Financial position High investment rate in ongoing projects and continued strong balance sheet PROJECTS KEY PERFORMANCE INDICATORS INTEREST-BEARING LIABILITIES INTEREST COVERAGE RATIO R12 NET DEBT TO EBITDA R12 LOAN-TO-VALUE RATIO 3,2 times 42,0% Interim Report Q2 2025 12,4 times
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12 Financing Interest rate duration Credit maturities including unutilised facilities, SEK m Interim Report Q2 2025 CAPITAL DURATION INTEREST RATE DURATION PROPORTION AT FIXED RATE (swap/fixed rate loan) AVAILABLE LIQUIDITY RATING, Moody´s (negative outlook) 3,6 yrs 3,0 yrs 97% SEK 9b Baa2
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13 Ongoing projects Interim Report Q2 2025
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14 Interim Report Q2 2025 Kv. Ångqvarn
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HAGASTADEN Ultra-urban city with an international metropolitan vibe. Area: 100,000 sq.m. Investment: SEK 9 billion SLUSSEN Where the whole city meets. From road junction to meeting place. Area: 30,000 sq.m. Investment: SEK 2 billion SICKLA The Nordic Epicenter for Sustainability, Innovation, and Well-being Area: 250,000 sq.m. Investment: SEK 12 billion 15 Our largest development projects SLAKTHUSOMRÅDET Stockholm’s new meeting place for food, culture and experiences. Area: 200,000 sq.m. Investment: SEK 14 billion Interim Report Q2 2025
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Q2 2025