Interim Report January - March 2026
"During Q1 2026, we took several strategically important steps that have strengthened the company's position for the coming quarters. "
Mats Brandt,
CEO
"During Q1 2026, we took several strategically important steps that have strengthened the company's position for the coming quarters. These include entering an agreement to acquire building rights in northern Stockholm, with the planned development of around 200 residential units in an attractive, expanding location. Access will happen when starting clearance occurs, but no later than 1 October 2026. Furthermore, we have divested and handed over two properties in Östersund and handed over a building right for a detached housing development in the Läggesta area. The handover in Läggesta not only frees up capital but is also operationally justified, as it contributes to greater progress and continued development in an area that we intend to continue further expanding. The planned establishment of a data centre in the vicinity also further strengthens the attractiveness of the location. We have also reached the goal of the final stage of Öresjö Ängar in Borås, which has been completed, and occupancy is underway.
We see that the conditions for the Swedish housing market have gradually improved. The share of international investors increased from 17% to 32% of the transaction volume in 2025 and housing is highlighted by external analysts as the most attractive asset class in the property sector. The total transaction volume is estimated to be SEK 200 bn in 2026, corresponding to an increase of 18% compared to last year. We have seen significantly greater interest from foreign investors in particular and started several new dialogues and considerably expanded our international network during Q1. Consequently, we see good conditions for this to lead to new concrete business opportunities in the near term.
We are actively working in parallel to introduce AI-driven streamlining of our processes, an initiative that will further strengthen our operational efficiency over time. Finally, I would like to extend a warm thank you to all our partners and colleagues for your strong commitment and good delivery ability during Q1. It has been a very inspiring debut for me. Together, we are laying the foundation for continued stable, long-term value creation."
Mats Brandt,
CEO
January - March 2026
As an urban developer, we put people in focus and start from a life cycle perspective where environmental factors and security play a major role.
