INTEA-DNasdaq StockholmReal EstateIFRS · SEK

Intea Fastigheter D

Intea Fastigheter is a Swedish property company focused on owning and developing social infrastructure for long-term management. Its portfolio is centered on specialized premises for justice, higher education, health care, and other public services, with tenants mainly from the public sector.

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 income222m SEK
−62.4 %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 ownership and leasing70 %

Rental properties held for long-term use by public-sector and institutional tenants.

Property management15 %

Ongoing management, maintenance, and tenant coordination for the portfolio.

Project development15 %

Tenant-specific development and redevelopment of specialized premises.

Customers

Intea's customers are primarily public-sector tenants that need specialized, purpose-built premises for essential services. These include government bodies, authorities, regions, universities, and other public institutions that value long lease relationships and tailored facilities.

Government bodies and authorities

They lease justice-related and administrative premises tailored to public functions.

Regions and healthcare operators

They use specialized health-care properties designed for clinical and support services.

Higher education institutions

They occupy campus and teaching facilities suited to academic operations.

Other public-service tenants

They lease premises for essential public services that require customization and stability.

Strategy

Intea's strategy is to grow a long-term portfolio of social infrastructure through ownership, management, acquisitions, and tenant-led project development. The company emphasizes stable growth, sustainability and innovation, and durable relationships with public-sector tenants and financiers.

Grow the social infrastructure portfolioMedium term

A larger specialized portfolio deepens scale in a niche with recurring public-sector demand.

Develop tenant-specific projectsMedium term

Custom facilities strengthen tenant relationships and create assets aligned with long leases.

Preserve financing disciplineShort term

Property companies are sensitive to leverage and interest-rate movements, so funding structure matters.

Geography

Intea is based in Sweden and its portfolio is concentrated in Swedish markets, with locations referenced across cities such as Stockholm, Linköping, Östersund, Härnösand, Ånge, Gävle, Hedemora, and Uppsala. The business is therefore tied to Swedish public-sector demand, local planning conditions, and the financing and property market environment in Sweden.

Risks

Intea is exposed to valuation risk, interest-rate risk, and capital-market sensitivity because its business depends on property values and long-duration financing. It also faces tenant-concentration and public-sector dependency risk, while geopolitical uncertainty, inflation, and weaker property-market conditions can affect valuations, funding, and project execution.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Property valuation sensitivity1Macro and geopolitical uncertainty3Public-sector tenant concentration4
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 sensitivityImpact: HighLikelihood: Low

    Quarterly fair-value assessments depend on market assumptions and external appraisals.

    Exposure: Portfolio-wide

  2. Interest-rate and refinancing riskImpact: High

    The company uses debt financing and has explicit leverage and coverage targets.

    Exposure: Financing structure

  3. Macro and geopolitical uncertaintyImpact: MediumLikelihood: Medium

    Inflation, security-policy tensions, and capital-market volatility can affect property demand and pricing.

    Exposure: Sweden and broader market environment

  4. Public-sector tenant concentrationImpact: MediumLikelihood: Low

    Rental income is intended to come mainly from public-sector tenants, limiting diversification.

    Exposure: Tenant base

Accounting

Judgemental items
Fair value of investment properties

Property values are based on internal models and external appraisals using market assumptions.

Impact: Directly affects reported asset values, equity, and valuation gains/losses

Derivative fair value accounting

Derivatives are recognized gross at fair value on the balance sheet.

Impact: Can increase balance-sheet volatility and affect net financial items

Assets held for sale classification

Properties intended for sale are moved to separate current balance-sheet lines.

Impact: Changes asset presentation and can affect comparability across periods

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

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