INTEA-BNasdaq StockholmReal EstateIFRS · SEK

Intea Fastigheter B

Intea Fastigheter AB is a Swedish property company focused on owning and developing social infrastructure for long-term management. Its portfolio is centered on premises for justice, higher education, healthcare, and other public-sector functions, with operations organized around property management, acquisitions, and project development.

Revenue1,561m SEK
+30.0 %y/y
Operating profit (EBIT)4,949m SEK
+436.2 %y/y
EBIT margin317.0%
+240.2 ppy/y
Net income1,304m SEK
+120.6 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

01,0002,0003,0004,0005,000m SEK2020: 549 m SEK20202021: 733 m SEK20212022: 918 m SEK20222023: 1,057 m SEK2023: EBIT 804 m SEK20232024: 1,201 m SEK2024: EBIT 923 m SEK20242025: 1,561 m SEK2025: EBIT 4,949 m SEK20251,5614,949
RevenueOperating profit (EBIT)

Business

Share of revenue
Property management45 %

Long-term operation and management of owned social infrastructure properties.

Rental income from public-service properties35 %

Lease income from specialized premises used by public-sector tenants.

Project development15 %

Tenant-specific development and redevelopment of properties for public use.

Property acquisitions and portfolio expansion5 %

Acquisition of new assets that fit the social infrastructure strategy.

Customers

Intea’s customers are mainly public-sector tenants that need specialized premises for essential services. These include government bodies, authorities, regions, universities, healthcare operators, and other public institutions that value long-term occupancy, tailored facilities, and reliable property ownership.

Public-sector tenants

Government bodies, authorities, regions, and public institutions leasing specialized premises for essential services.

Justice sector

Courts and related justice facilities that require secure, purpose-built buildings.

Higher education

Universities and campuses that need tailored academic and support spaces.

Healthcare

Healthcare operators and regions using facilities designed for care delivery.

Other public services

Municipal and state-related users of offices and service buildings for public functions.

Strategy

Intea’s strategy is built around stable growth, sustainability and innovation, and durable relationships with public-sector tenants. The company aims to expand its social infrastructure portfolio while keeping financing disciplined and using project development mainly in collaboration with tenants.

Expand social infrastructure holdingsMedium term

Scale strengthens the portfolio and deepens the company’s specialization in public-service properties.

Maintain strong public-sector tenant mixLong term

Public tenants support long-duration occupancy and align with the company’s specialized asset base.

Tenant-led project developmentMedium term

Custom development improves asset fit and supports long-term leasing relationships.

Sustainability and energy efficiencyMedium term

Energy-smart and climate-adapted buildings support asset quality and tenant demand.

Geography

Intea is primarily a Swedish property company, with its portfolio and market focus centered on Sweden. The business is tied to local public-sector demand, so geography matters through municipal, regional, and national tenant relationships rather than broad international diversification.

Risks

Intea’s main risks come from property valuation sensitivity, interest-rate and capital-market exposure, and dependence on public-sector tenants. Because the portfolio is specialized and long-term in nature, changes in macroeconomic conditions, financing costs, or tenant demand can affect asset values, funding conditions, and occupancy.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Property valuation uncertainty1Interest-rate and financing risk2Capital-market and macroeconomic volatility3Public-sector tenant concentration4Geopolitical uncertainty5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Property valuation uncertaintyImpact: HighLikelihood: Low

    Quarterly fair-value estimates rely on market assumptions and external appraisals, so changes in yields or demand can move reported asset values.

    Exposure: Investment property portfolio

  2. Interest-rate and financing riskImpact: HighLikelihood: Low

    The business uses leverage and long-term financing, making it sensitive to borrowing costs and refinancing conditions.

    Exposure: Debt and capital structure

  3. Capital-market and macroeconomic volatilityImpact: HighLikelihood: Low

    Inflation, interest rates, and market uncertainty influence property yields, valuations, and access to capital.

    Exposure: Swedish property market

  4. Public-sector tenant concentrationImpact: MediumLikelihood: Low

    A large share of rental income is intended to come from public-sector tenants, so budget changes or tenant-specific issues can affect occupancy and cash flow.

    Exposure: Tenant base

  5. Geopolitical uncertaintyImpact: MediumLikelihood: Low

    Broader geopolitical tensions can affect financial markets and investor sentiment, indirectly influencing property and funding conditions.

    Exposure: Market environment

Accounting

Judgemental items
Investment property fair value

Quarterly internal valuations and periodic external appraisals directly affect reported asset values and earnings.

Impact: Changes in assumptions can materially move reported profit and equity

Derivative fair value

Derivatives are recognized gross as assets and liabilities at fair value, affecting balance-sheet grossing and volatility.

Impact: Can create period-to-period swings in financial position

Assets held for sale classification

Properties classified as held for sale move to current assets and liabilities, changing presentation and ratios.

Impact: Affects balance sheet structure and disposal-related comparability

Related-party transactions

The company discloses transactions with related parties of key management personnel on arm’s-length terms.

Impact: Important for governance and disclosure quality

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Intea Fastigheter B (INTEA-B) Revenue, Earnings & Financials 2025 – Clarifo