Sweden's Platzer Fastigheter 9-month rental income up 1%
Sweden's Platzer Fastigheter 9-month rental income up 1%
Overview
Sweden commercial property owner's rental income rose 1% for Jan–Sep 2026
Income from property management grew 5% for the nine-month period
Company repurchased SEK 68 mln of its own shares in the quarter
Outlook
Company says it is scaling up investment in Industrial and Logistics as planned
Result Drivers
RENTAL INCOME GROWTH - Co said rental income and operating surplus increased in the quarter
INVESTMENT IN INDUSTRIAL AND LOGISTICS - Co said it scaled up investment volume in industrial and logistics properties
PROJECT LAUNCH - Co launched Arendal 5.0 development project in industrial and logistics
Company press release: ID:nWkr9X2X59
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
9M Rental Income |
| SEK 1.32 bln |
|
9M Income From Property Management |
| SEK 627 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and 1 "sell" or "strong sell"
The average consensus recommendation for the real estate rental, development & operations peer group is "buy."
Wall Street's median 12-month price target for Platzer Fastigheter Holding AB (publ) is SEK87.50, about 41.1% above its October 15 closing price of SEK62.00
The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago
Reuters Recommended Reads
Oct 15 - Swedish Logistic Property's 9M rental income rises 24%, helped by acquisitions
Oct 15 - Sweden's Emilshus posts higher profit on stable occupancy; hikes forecast, to start paying dividend
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)