In the quarter, we completed our first acquisition in Gothenburg, our 60th acquisition overall. Alongside our organic growth, we have acquired one property per month on average since the company’s foundation in 2019. The transaction meant that, at the end of the quarter, our portfolio comprised 100 properties with a total value of just over SEK 10 bn and an area of 1,000,000 square metres. In the quarter we also took ownership of a new construction project in Katrineholm over 11,000 square metres, and we eagerly look forward to following the progress of this project during the year, as well for our other ongoing construction projects.

The property is in very good condition and has great potential to be environmentally certified by, among other things, installing solar cells. There is also significant potential in utilizing existing building rights and build a large extension, which would increase the annual rent in the long term.

This is the first time we have acquired a separate building right. Jönköping is an expansive logistics hub that ranks as one of the best in Sweden as 80 percent of Sweden's population is reached within a radius of 40 miles. In addition, the property is strategically located in the best logistics location and there is great interest in new construction from both our existing and new tenants,

Our growth journey continues unabated, and means that in addition to our organic growth, we have acquired an average of one property per month since the founding of the company in 2019. Furthermore, it is pleasing that we are now carrying out our first acquisition in Gothenburg. The property is an development logistics property adapted for so-called "last-mile" cold and freezer storage, an area where we see increased demand.

At SLP, we work with sustainability as an integral part of our business model in our daily work. We are beginning to see a connection between sustainable logistics properties and increased demand and thus value creation for the society as well as for our tenants and shareholders.

It is very pleasing that we are already achieving the target for installed power in solar cells. We continue our expansion and work continuously to optimize our properties with a focus on reduced operating costs and sustainability. In this way, we have successfully optimized the energy use in parts of our property portfolio, but there is still much to do.

We carried out a directed new share issue during the fourth quarter totalling SEK 550 m to enable further expansion while maintaining a balanced risk profile. Net asset value per share increased by 15 percent in 2023, and we have reported positive value changes for our properties in each quarter, despite a 30 b.p. increase in the average return requirement during the year.

After a review of our overarching goals and risk limitations in connection with the year-end, we have made the assessment that we can achieve the overarching goals even with a reduced risk level. SLP is and will continue to be a growth company. With a long-proven business model, a good financial position and attractive development properties, we have all the conditions to continue our growth journey.

It is pleasing for us to be a long-term partner for the expansion of this family business. The fact that the tenant both expands its space and extends the lease is proof that we are considered a reliable and professional property owner.

It feels very satisfying to tie another new tenant to us and be able to offer them efficient premises in Malmö with so-called last mile location.

For SLP, it is important to be able to develop together with our existing tenants. It is therefore pleasing that we can offer our existing tenant Seafrigo new premises in the form of a modern cold storage. The project enables us to expand together with the tenant and jointly strive for increased sustainability that contributes to a better environment and reduced energy costs.

We are happy to be able to welcome yet another new tenant in the form of by Crea. Since the acquisition of Segeholm 10 in June 2020, we have successively developed the property with investments in, among other things, solar cells, energy storage, led lighting and charging posts. The property has also been environmentally certified according to Miljöbyggnad iDrift Silver and has sustainable financing. What remains to be refined is a building right of approx. 3,000 square meters. As a result of this lease agreement, we will move our office to a neighboring property with development potential that we also own.

We are very much looking forward to moving into our new premises. For us, the property is a strategically located last mile property that is also environmentally certified. We are very satisfied with the process with SLP, who have been both responsive and professional, not least that SLP is prepared to leave their own office so that we can optimize our operations.

"With this transaction, I further increase my shareholding and ownership in SLP and look forward to, together with my colleagues, continuing to create value for both our tenants and our shareholders.

It feels fantastic that we can maintain a high pace in our transition in terms of the implementation of more sustainable solutions. By integrating sustainability into our business model and actively working to improve the sustainability performance of our stock, we are also well on our way towards our long-term goal of achieving climate-neutral property management by the year 2030.

We are pleased to tie another tenant to us through this lease. Together with TR Electronic, we will develop the premises which means, among other things, installation of charging posts and LED lighting in accordance with our sustainability strategy.

We are pleased to be able to carry out this acquisition in a location that is a priority for us, where we already own four other properties, which makes it very management efficient. The property, which can be developed, will be environmentally certified and is planned to be equipped with solar cells completely in accordance with our sustainability strategy.

We are pleased to be able to develop another new construction project. This time in the form of a freezer warehouse with storage options up to 15 meters, which also extends our already long rental period by 6.2 years. In addition, we have the opportunity to develop the property further over time through expansion.

The deal complements the current property portfolio and strengthens our key figures through long and fully indexed lease agreements, while at the same time we grow with existing tenants with new establishments where we are already locally strong. Both properties, which are fully leased, will be equipped with solar cells and be environmentally certified, which is in line with our sustainability strategy.

To summarize, we can conclude that we are continuing to expand through a strong business model that delivers results, that we enjoy a strong financial position, and that we are continuously advancing our market positions with the aim of becoming an operator able to attract both major domestic and international customers.

This property will be equipped with solar cells, which many of our tenants are interested in. This provides a good effect for the environment combined with a high financial return for SLP and our tenants. We are happy that our existing tenant is extending the agreement, which has a positive effect on our current lease duration of 6.2 years, and that we are continuing our sustainability journey together.

With the transactions described, both our chairman and the undersigned increase our shareholdings in SLP, and we look forward to continuing to build value for both our tenants and our shareholders.

We want to be a long-term and stable partner to our tenants and we are happy to be able to offer an extended lease while increasing our lease duration.

We are very happy that the property formation has gained legal force so that we can take ownership of the property and continue developing SLP's largest project to date.

We are very pleased to acquire this new production project in the best logistics location, which is completely in line with our strategy to acquire, refine and manage logistics properties with sustainability in focus.

Over the past year, we gradually increased our return requirement from 5.2 percent to 5.9 percent, despite that we delivered positive value changes in each quarter. This is a sign that our day-to-day property management is producing results and our business model is delivering.

We are happy to be able to grow with existing tenants and that we in this case also can sign an extended lease. Continually improving our stock is an important ingredient in our business model, and the current building right were identified already when the property was acquired. We look forward to continued collaboration and the opportunity to be part of Inission's growth.

We have had a very good dialogue with SLP. It is very positive that we can expand the area and develop together with our property owner.

This is SLP's absolutely largest project to date, and also a significant project for the entire real estate segment. We have chosen to work with a so-called "open book procedure", which minimizes our risk and means that together with the tenant we will minimize the costs of the construction project without compromising on quality. The final annual rent is set as a function of the total cost of the project. The lease agreement with Ahlsell corresponds to nearly 10 percent of our entire current rental value, and will greatly extend our average rental duration.

SLP was one of many Swedish and foreign real estate companies that were in discussion with Ahlsell and we are very happy and satisfied that they chose us as landlord and partner in this transaction, which is one of the largest in our segment. The property, which covers a total of 280,000 square meters of land, also provides the opportunity for further extensions.

After a broad and structured process, we have chosen to collaborate with SLP, which is a fast-growing company with a focus on expanding with its existing customers and putting sustainability in focus. Our logistics center in Hallsberg has long been the heart of Ahlsell's Swedish operations. Through today's agreement, we can continue to build on our journey of success by developing and improving our offer and serving the market even better for a continued offensive Ahlsell.

"In many of our properties, we have the opportunity to grow with our tenants. We are very pleased to be able to utilize existing building rights and offer our current tenant a larger area when their business grows,"

We are very pleased to be the first company in the segment to obtain this certification for a new construction. The certification is a proof that the building has low energy consumption and climate impact, which brings positive value for the tenant as well as for SLP.

Over the past two years, we at Halmstad Delivery have developed into a supplier for all logistics needs, and our new logistics center has been a prerequisite for being able to offer our customers both more efficient and more sustainable solutions. That is why we are extra proud that our investment together with our partner SLP has made us the first logistics center in Sweden to receive the net zero certification.

We are very pleased to be able to continuously improve our existing portfolio by, among other things, utilizing building rights and offering our current tenants a larger area. Thus, we can grow together with them while extending our tenancy period.

It is gratifying that we have signed an extended agreement with Veolia while investing in sustainability. The investment is part of our work to strive towards increased sustainability that will contribute to a better environment and reduced energy costs.

We are seeing continued strong demand for modern, sustainable logistics spaces. Net rental income amounted to SEK 8.4 m during the quarter, which is a very satisfactory level. One vital cornerstone of our work is establishing long-term relationships with our tenants. It is a seal of approval that they continue to extend their rental agreements with us.

We are very happy to have been able to do this transaction because the properties are located in strategic logistics locations where we are already strong and would like to grow further. The properties are basically fully leased, which provides a strong cash flow while there is significant development potential.

Seafrigo Nordic is an existing tenant and we are very pleased that they have chosen to grow further together with us,

SLP is a flexible and professional property owner that we can grow together with. In addition, their focus on sustainability is important to us.

Our whole business model integrates sustainability and through this we create value for our stakeholders, now and long-term. During the year, we have developed our sustainability work to, among other things, further sharpen our offer to our tenants. We have adopted sharper goals and I look forward to continuing the path taken and continuously deepening this work and reporting the positive effects and results it generates.

We are very pleased to have acquired this property in an off-market-transaction as well as having signed a rental agreement with a stable and long-term tenant that will use the whole property. There are great opportunities to both refine the property, especially from a sustainable perspective, as well as carry through an expansion over time.

This is a new tenant and we are very pleased that they have chosen one of our properties in Landskrona. We see continued good demand for logistics premises and receive inquiries from both existing and new tenants.

We are very pleased that the Beulco group has chosen to extend the existing lease by seven years, until the end of 2032. It also feels very good that we can offer our tenants to grow within the existing property through expansion. It is in line with our strategy to develop existing properties. The extension is expected to be completed in the first quarter of 2024

The Beulco group are specialists in plumbing solutions and our success is based on genuine interest and commitment to our customers. We share this with a flexible and fast-paced SLP, which gives us comfort for the future. With a larger area at the same address, we can invest in continued growth.

Peter has, as one of the founders and principal owners of the company, together with me for roughly four years persistently developed the operations with an organisation characterized by high competence and great commitment. This work now facilities the completion of the succession with Tommy and Matilda. Peter is thereby, in his new role, able to focus on strategic issues and transactions, which are his passions. This ensures that we continue to develop the company and our colleagues, and thereby create shareholder value.

The fact that Tommy, whom I have worked with for a very long time in three different listed property companies, assumes the role as new CEO, facilitates a continuity for SLP and ensures continued growth in accordance with our laid strategies. I am convinced that Tommy, together with Christian, who has been with the company since its foundations and has worked with logistics properties in leading positions for 15 years, will continue to develop the company in an excellent manner. With that certainty I can now, in my new role, focus on transactions and the strategic development of the company.

I’m certainty looking forward to my new role as CEO. Together with all the  other colleagues I have had the satisfaction of participating in building the company and I am well acquainted with our business models and routines. I am proud that we have succeeded in attracting young, competent and committed colleagues, and I look forward to continue to develop the company alongside them. It is satisfying to be able to continue to work alongside Peter in our new roles and I am also glad that we have been able to appoint my successor internally.

This is another step forward towards our target of 50 percent certified lettable area by 2025. We have ongoing certification processes under BREEAM In-Use for several of our properties, that will contribute both to reducing our operating costs as well as meeting our climate goals. BREEAM In-Use is one of the most well-established international sustainability performance rating frameworks for existing assets in Europe and constitutes an opportunity for SLP to identify both sustainable and profitable actions going forward

The certification BREEAM In-Use is an internationally recognized seal of quality of the buildings’ sustainability performance, which makes SLP a more attractable landlord and enables lower financing costs and in the long-term higher property values