New billion-krona deal paves way for geographic expansion

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  • Acquisition of MIMO in Mölndal from NCC
  • Sale of part of Arendal to the Port of Gothenburg
  • Establishment of MTN programme and launch of Green Finance Framework
  • First green bonds issued
  • Winner of MSCI Balanced Fund Award

Platzer’s CEO, P-G Persson, said:

-  The three months from July to September brought yet more positive news for operators in the Gothenburg market. The region’s economy and therefore the rental and property market continued to recover strongly. We delivered positive net lettings again in the third quarter. As in the previous quarter, we carried out two major property transactions: the acquisition of NCC’s MIMO project in Mölndal and the sale of part of Arendal to the Port of Gothenburg.

-  We achieved rental income of more than SEK 300 million in the quarter. This figure has not been a target as such; rather, it was a result of the fact that we are successively developing the business and creating more sustainable growth. The fact that our operating surplus, which hit an all-time high of SEK 244 million, is also rising, is proof of profitable growth.


Presentation of the report
Today at 10.30 pm, CEO P-G Persson and CFO Fredrik Sjudin will present the report via a webcasted conference call. Presentation takes place in English.

More information about the conference can be found at: https://financialhearings.com/event/14000
 

For more information, please contact:
P-G Persson, CEO, Platzer, Tel.: +46 (0)734 11 12 22
Fredrik Sjudin, CFO, Platzer, Tel: +46 (0)721 27 77 78

 

The information in this press release is information that Platzer Fastigheter Holding AB (publ) is legally obliged to disclose in accordance with the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was released for publication on 19 October 2021 at 08:00 CEST through the agency of the contact persons shown above.

Platzer Fastigheter Holding AB (publ) owns and develops commercial property in Gothenburg worth around SEK 25 billion. Platzer is listed on Nasdaq Stockholm, Large Cap.