Catena AB (publ)

Hi and welcome everyone. The agenda today is the same as we used to have. Short summary, business overview and update, followed by sustainability, finance and a short takeaway before ending up with Q&A. Next slide, please. So let's dive into a summary of Q1 2024. We report 11% increase in rental income, ended up at 493 million secs driven by acquisitions, projects, and stronger like-to-like numbers driven by our CPI-linked contracts.

Profit from property management increased by 30%. In total, and per share, it was unchanged at 5.5%. sex per share. The balance sheet is very soft. With an LTV at 34.1% as an rates in March which we will come back to later on. We report an increase in NRV per Thank you. We are comfortable to grow further. And we have already during this quarter added three acquisitions to almost 1.2 billion SEC. Next slide, please. and for business overview next time so an update from from the market and then regarding the transaction market see that it has opened up again and we expect the optimism is here to stay. The activity is for sure much higher now compared to the latest years. The numbers for e-commerce First, for Q1 2024, it shows the positive trend, and it's up 11% compared to the first quarter of 2023, although compared to very low-digit 2023,

We are not back at the levels from the pandemic, but it's a good signal and it gives some optimism within the segment. Generally speaking, I can say that there are quite many players asking for new premises, but the processes do take longer time than it used to be. We have patience and are confident that we can be successful and present new projects going forward. And lastly, as far as we know, there is the same situation regarding vacancies around the Stockholm, Mälardalen region as in previous quarters, actually. Next slide, please. Looking into our customer base, there has been a minor change regarding the top 10 customers that now stands for 43% of the contractual value.