PRISMANasdaq StockholmReal EstateIFRS · SEK

Prisma Properties

Prisma Properties is a long-term property owner and developer specializing in modern properties for grocery retail, discount retail, and quick service restaurants (QSR) in the Nordic region. The company strategically develops retail parks in high-traffic locations, hosting well-known tenants like Willys, Kesko, Lidl, Dollarstore, Rusta, and McDonald’s. Prisma Properties contributes to the Nordic electric vehicle infrastructure by providing charging stations adjacent to its properties. The company is listed on Nasdaq Stockholm Mid Cap and is headquartered in Stockholm, Sweden.

Revenue539m SEK
+23.9 %y/y
Operating profit (EBIT)63.0m SEK
EBIT margin11.7%
Net income350m SEK
+872.2 %y/y

Fiscal year 2025 · change from previous year

Development 2023–2025

0200400600m SEK2023: 390 m SEK20232024: 435 m SEK20242025: 539 m SEK2025: EBIT 63 m SEK2025TTM 2026: 586 m SEKTTM586
RevenueOperating profit (EBIT)TTM = last 12 months, not a full fiscal year

Business

Share of revenue
Retail Park Development40 %

Includes development of high-traffic retail locations.

Property Leasing50 %

Leasing properties to grocery, discount retailers, and QSRs.

Electric Vehicle Charging10 %

Provision of EV charging stations at retail locations.

Customers

Prisma Properties serves a diverse range of tenants primarily in the grocery retail, discount retail, and quick service restaurant sectors. Key customers include well-established brands such as Willys, Kesko, Lidl, Dollarstore, Rusta, and McDonald’s. These tenants are attracted to Prisma's strategic locations in high-traffic areas, which are essential for their business models. The provision of electric vehicle charging stations also appeals to environmentally conscious brands and consumers.

Grocery Retailers

Lease properties for strategic high-traffic locations.

Discount Retailers

Value high-traffic locations for increased customer access.

Quick Service Restaurants

Lease for visibility and customer foot traffic.

Strategy

Prisma Properties focuses on expanding its property portfolio through strategic acquisitions and development projects in the Nordic region. The company aims to achieve a property value of SEK 16 billion by 2028, supported by strong financial targets and green bond issuances. Prisma is enhancing its organizational capacity to manage growth across multiple markets, including bolstering management and business development teams. The company is also capitalizing on market trends favoring discount retail and grocery sectors, driving demand for its properties.

Portfolio ExpansionMedium term

To increase market presence and property value.

Financial StrengthLong term

To support growth ambitions and financial stability.

Organizational GrowthShort term

To manage expansion across multiple markets.

Geography

Q4/2025

Prisma Properties operates primarily in the Nordic region, with a strong presence in Sweden, Denmark, and Finland. The company strategically locates its retail parks in high-traffic areas to maximize tenant visibility and accessibility. Recent expansions include acquisitions in Finland, enhancing its geographic footprint and market reach. The company's headquarters are in Stockholm, Sweden, and it is listed on Nasdaq Stockholm Mid Cap.

Sweden74 %
Denmark15 %
Finland11 %

Share of the revenue the company reports by geography.

Risks

Prisma Properties faces risks related to changes in property values, interest rate fluctuations, and tenant defaults. The company mitigates these risks through strategic property management and maintaining a diversified tenant base. The Nordic real estate market's regulatory environment and economic conditions also pose risks. Additionally, the company's reliance on external valuations for property value assessments introduces potential discrepancies in financial reporting.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Property Value Fluctuations1Interest Rate Changes2Tenant Defaults3
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 Value FluctuationsImpact: CriticalLikelihood: Low

    Market conditions affect asset valuations.

  2. Interest Rate ChangesImpact: HighLikelihood: Low

    Impact on financing costs and profitability.

  3. Tenant DefaultsImpact: MediumLikelihood: Low

    Affects rental income stability.

Accounting

Judgemental items
Fair Value Measurement

Affects property asset valuations and financial statements.

Impact: high

Revenue Recognition

Critical for rental income reporting under IFRS.

Impact: medium

Goodwill Impairment

Based on cash flow projections from properties.

Impact: medium

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Prisma Properties (PRISMA) Revenue, Earnings & Financials 2025 – Clarifo