# Annehem Fastigheter B

> Clarifo company profile — qualitative business description generated from
> the company's filings. Financial statements, charts and ratios are
> available on Clarifo (https://www.clarifo.com/en/companies/annehemfastigheterb).

## Overview

Annehem Fastigheter AB is a Swedish property company that owns and manages commercial, community service, logistics and residential properties in Nordic growth areas. Its portfolio is concentrated in locations with good transport links and a clear environmental profile, and the company operates through long-term property ownership and active management.

## Products & services

• Ownership and management of commercial properties
• Community service properties for public-use tenants
• Logistics properties and business parks
• Residential properties in Nordic growth areas
• Property development and value-enhancing management

- **Office and commercial properties** (55%) — Modern office and other commercial premises leased to business tenants.
- **Community service properties** (20%) — Properties used for public or community-facing services such as schools or care.
- **Residential properties** (15%) — Rental homes held for long-term residential leasing.
- **Logistics properties and business parks** (10%) — Warehousing, logistics and business park assets supporting tenant operations.

- Ownership and management of commercial properties
- Community service properties for public-use tenants
- Logistics properties and business parks
- Residential properties in Nordic growth areas
- Property development and value-enhancing management

## Customers

Annehem’s tenants are mainly companies, public-sector related users and households that need well-located, modern premises or homes. The company’s properties are designed to attract long-term tenants that value transport access, sustainability performance and stable operating environments.

- **Office tenants** (primary) — Businesses leasing office space in Nordic growth locations for employee access and quality premises.
- **Community service tenants** (secondary) — Public or community-oriented users leasing properties suited to schools, care or service delivery.
- **Residential tenants** (secondary) — Households renting homes in urban growth areas with good transport connections.
- **Logistics and business park tenants** (secondary) — Operators leasing logistics space or business park facilities for distribution and operations.

- Corporate office tenants seeking modern, well-located premises
- Public-sector and community service users needing functional space
- Logistics tenants needing accessible sites and business park space
- Residential tenants looking for rental homes in growth areas
- Long-term occupiers that value sustainability and transport links

## Geography

Annehem operates in Nordic growth areas, with properties and management activity centered in Sweden and Finland and references to markets such as Stockholm, Helsinki, Malmö, Helsingborg/Ängelholm and Gothenburg. Geography matters because the business depends on local employment, infrastructure, population growth and tenant demand in these urban regions.

- Core markets are in Sweden and Finland
- Operations are concentrated in Nordic growth cities
- Stockholm, Helsinki, Malmö and Gothenburg are key markets
- Helsingborg/Ängelholm is an important local market
- Transport links and urban growth support tenant demand

## Strategy

Annehem’s strategy is to build a sustainable, modern property portfolio in attractive Nordic locations and to increase value through active management. The company emphasizes acquisitions, portfolio diversification and environmentally certified properties to support long-term tenant relationships and reduce concentration risk.

- **Expand in Nordic growth areas** (medium-term) — Location quality and urban growth support tenant demand and long-term asset value.
- **Improve sustainability performance** (medium-term) — Environmental quality is part of the tenant proposition and supports portfolio relevance.
- **Diversify the property mix** (long-term) — A broader mix of uses reduces dependence on one tenant type or market cycle.

- Grow the portfolio through acquisitions in Nordic growth areas
- Increase value through sustainable and effective property management
- Maintain a diversified mix of office, logistics, community and residential assets
- Focus on environmentally certified properties near transport links
- Preserve a stable financial position to support growth

## Risks

Annehem’s main risks come from property valuation, tenant demand and macroeconomic conditions in its Nordic city markets. Because the business owns fair-valued investment properties and depends on local leasing demand, changes in interest rates, inflation, employment and regional growth can affect both occupancy and asset values.

- **Investment property valuation risk** [high] — Properties are measured at fair value, so market yield changes flow through reported results.
- **Macroeconomic and interest rate risk** [high] — Demand, financing conditions and valuation assumptions are sensitive to rates and economic activity.
- **Tenant and occupancy risk** [medium] — Rental income depends on keeping long-term tenants in office, logistics and residential assets.
- **Environmental and regulatory risk** [medium] — Property ownership can involve remediation, compliance or due diligence issues on acquired assets.

- Property values can fall if yields rise or local demand weakens
- Interest rates affect financing costs and property valuations
- Tenant demand depends on employment, population growth and infrastructure
- Environmental and regulatory issues can affect acquired properties
- Geographic concentration in Nordic cities creates local market exposure

## Accounting

The most important accounting issue for Annehem is fair value measurement of investment properties, because changes in valuation directly affect reported earnings and balance sheet values. The company also uses derivatives for interest-rate and currency hedging, so hedge accounting and fair value changes can influence equity and financial items. Lease accounting, external valuation assumptions and impairment-style judgments on older assets are also important for comparability.

- **Fair value of investment properties** — Can materially change earnings without cash flow impact
- **Derivative hedge accounting** — Affects OCI, equity reserves and financial items
- **Valuation assumptions** — Key driver of balance sheet and earnings volatility

- Investment properties are carried at fair value
- External valuations affect reported property values and earnings
- Fair value changes can create large non-cash profit swings
- Derivatives are used for hedging interest and currency exposure
- Judgment is needed for occupancy, rent and yield assumptions

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*Last updated: 2026-08-11T04:04:50.875369+00:00*