Investment property valuation risk
Properties are measured at fair value, so market yield changes and assumptions affect reported values.
- Scope
- Portfolio-wide
- Materiality
- high
Fastighetsbolag. Emilshus Pref
Emilshus is a Swedish property company that acquires, develops and manages commercial real estate, with a core focus on southern Sweden. Its portfolio is concentrated in light industry, industrial services, trade suppliers, and big-box and grocery retail, and the company is listed on Nasdaq Stockholm through ordinary and preference shares.
33
0.20
0.17
| % | |
|---|---|
| Commercial property acquisitions | 35% Purchase of income-producing commercial properties in Emilshus's target regions. |
| Property management and leasing | 40% Ongoing management of leased premises, tenant relations, and rent collection. |
| Property development and tenant projects | 15% Reconstruction, extensions, and tenant-specific improvements within the portfolio. |
| Ancillary property services | 10% Maintenance, local site management, and operational support for tenants. |
Emilshus serves businesses that need functional commercial premises in regional Swedish locations, especially...
- Light industry tenantsprimary
Manufacturing and workshop users leasing functional premises for production and storage.
- Trade suppliersprimary
Building, hardware, and industrial supply businesses that need accessible commercial sites.
- Big-box and grocery retailprimary
Retail chains leasing large-format stores and grocery properties in regional markets.
- Industrial services tenantssecondary
Service businesses tied to industrial activity that need practical premises and local access.
- Other commercial tenantssecondary
Offices and community-service users occupying the remaining diversified portfolio.
Emilshus is anchored in southern Sweden, with its portfolio concentrated in Småland, Östergötland, Skåne and Halland...
- •Core market is southern Sweden, especially Småland and nearby regions
- •Portfolio is concentrated in Växjö, Linköping, Jönköping and Värnamo
- •Skåne expansion adds exposure to the Öresund region and Malmö area
- •Halland and Helsingborg broaden the southern Swedish regional base
- •Local offices support tenant service, maintenance, and redevelopment
Emilshus's strategy is to grow through acquisitions of high-yield commercial properties while maintaining a strong...
01
Acquire attractive commercial propertiesshort-term
Portfolio growth is driven by adding income-producing assets in target regions.
02
Strengthen local property managementshort-term
Local presence supports tenant retention, service quality, and redevelopment opportunities.
03
Improve and adapt existing propertiesmedium-term
Tenant-specific projects can raise utility, occupancy, and long-term rental value.
04
Broaden financing flexibilitymedium-term
A diversified lender base reduces concentration risk and supports continued acquisitions.
Emilshus is exposed to typical property-company risks such as valuation changes in investment properties, tenant credit...
Tenant and occupancy risk
Rental income depends on maintaining high occupancy and retaining commercial tenants.
- Scope
- Commercial lease portfolio
- Materiality
- high
Financing and refinancing risk
Property companies rely on debt markets and lender relationships to fund acquisitions and operations.
- Scope
- Debt structure and lender base
- Materiality
- high
Regional concentration risk
The portfolio is concentrated in southern Sweden, so local economic weakness would be felt quickly.
- Scope
- Småland, Skåne, Halland, Östergötland
- Materiality
- medium
Project and redevelopment risk
Tenant adaptations and extensions can overrun budget or fail to generate expected returns.
- Scope
- Reconstruction and extension projects
- Materiality
- medium
Fair value of investment properties
Can materially affect asset values and unrealized gains or losses
Derivative valuation
Can create period-to-period volatility in financial income and expenses
Lease and rental income timing
Affects comparability across quarters and periods
Project capitalization and redevelopment costs
Influences operating costs and carrying values of properties
: 11/08/2026