# Prisma Properties

> 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/prismaproperties).

## Overview

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.

## Products & services

• Development of retail parks
• Long-term property ownership
• Leasing to grocery and discount retailers
• Leasing to quick service restaurants
• Provision of electric car charging stations

- **Retail Park Development** (40%) — Includes development of high-traffic retail locations.
- **Property Leasing** (50%) — Leasing properties to grocery, discount retailers, and QSRs.
- **Electric Vehicle Charging** (10%) — Provision of EV charging stations at retail locations.

- Development of retail parks
- Long-term property ownership
- Leasing to grocery and discount retailers
- Leasing to quick service restaurants
- Provision of electric car charging stations

## 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** (primary) — Lease properties for strategic high-traffic locations.
- **Discount Retailers** (primary) — Value high-traffic locations for increased customer access.
- **Quick Service Restaurants** (secondary) — Lease for visibility and customer foot traffic.

- Grocery retailers like Willys and Kesko lease for strategic location benefits.
- Discount retailers such as Dollarstore and Rusta value high-traffic locations.
- Quick service restaurants like McDonald’s lease for visibility and foot traffic.
- Tenants appreciate the added value of electric vehicle charging stations.

## Geography

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.

- **Sweden** (82%)
- **Denmark** (15%)
- **Finland** (3%)

- Strong presence in Sweden, Denmark, and Finland.
- Strategic high-traffic locations enhance tenant visibility.
- Recent acquisitions in Finland expand market reach.
- Headquartered in Stockholm, Sweden.

## 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 Expansion** (medium-term) — To increase market presence and property value.
- **Financial Strength** (long-term) — To support growth ambitions and financial stability.
- **Organizational Growth** (short-term) — To manage expansion across multiple markets.

- Expand property portfolio through acquisitions and development.
- Target property value of SEK 16 billion by 2028.
- Enhance organizational capacity for multi-market growth.
- Capitalize on trends in discount retail and grocery sectors.

## 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.

- **Property Value Fluctuations** [critical] — Market conditions affect asset valuations.
- **Interest Rate Changes** [high] — Impact on financing costs and profitability.
- **Tenant Defaults** [medium] — Affects rental income stability.

- Fluctuations in property values can impact financial stability.
- Interest rate changes affect financing costs and profitability.
- Tenant defaults pose a risk to rental income stability.
- Regulatory changes in the Nordic real estate market could impact operations.
- Reliance on external property valuations may lead to reporting discrepancies.

## Accounting

Prisma Properties' financial statements are influenced by the fair value measurement of its property portfolio, which is conducted quarterly by external valuers. The company uses IFRS standards, with specific attention to revenue recognition from rental income and service charges. Goodwill impairment is assessed through cash flow projections from underlying properties. The issuance of green bonds and their accounting treatment also impact financial reporting, requiring careful consideration of interest rate derivatives and valuation techniques.

- **Fair Value Measurement** — high
- **Revenue Recognition** — medium
- **Goodwill Impairment** — medium

- Fair value measurement of properties impacts asset valuations.
- Revenue recognition from rental income follows IFRS standards.
- Goodwill impairment assessed through property cash flow projections.
- Green bond issuance affects interest rate derivatives accounting.

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*Last updated: 2026-08-11T04:04:55.328379+00:00*