Wallenstam AB (publ)

Welcome to Wallenstam, quarter one, 2026. Here we are in Årstaberg in Stockholm and have our film from a fantastic project where we see it is being built behind me. 100 apartments, almost 100 apartments will be moved in now before the summer and about 100 apartments will be moved in after the summer. The first 100 are already rented, the other 100 we are renting out in full. And the demand is enormous. When we were going to show our exhibition space, we had 3,000 people who signed up to watch this fantastic project and an exhibition space. So we are very proud of the project, which in total covers 409 apartments here in Stockholm Center. It will be a fantastic quality property. But now we're going to talk a little more about the result, so welcome to the exhibition apartment. Welcome to our showroom in Årstaberg. A fantastic, nice place with a nice kitchen, a nice bathroom and well-planned. But I was going to come back to the fact that we have such anxiety all over the world. War is going on almost everywhere, and it's terrible. People are dying and a lot of evil is happening. But the big thing in the economy is this war between Iran, Israel and the USA, which then affects transport and energy in a way that affects the entire world economy. But we can't do anything about it, but we have to focus on what we ourselves can influence. And what he can see in these times is that the interest rates are very unstable, up and down big drops. And we have worked with that and extended and made new derivatives.

Our individual biggest cost is interest rates, so of course there is a lot of focus on that. So we have continued to extend our interest rates, so we have insured two thirds of our debts. So you can say that it is evenly distributed, our interest savings, for nine years, with about 2-2.5 billion per year falling. This means that we have an average bond time of three and a half years. So when we go out of this quarter, we have 2.43% in average rent, which is four points higher than when we went out of quarter four. So rents are our individual biggest cost, but our individual biggest income is rents.

Yes, it is rents that we produce, like this one that we give out and then get in. fina hyror som vi kan göra nästa projekt med och så vidare. Men det som har hänt under kvartalet med intäkterna, det är ju att vi nu har slutfört alla hyresförhandlingar med hyresgästföreningen angående våra bostadshyror. Och Göteborg nu var den sista, så att när vi har gjort klart allting så har vi drygt 3% i hyreshöjning det här året. Och det känns väldigt skönt att kommunicera så det inte blir så mycket retroaktivt för våra kunder och så vidare, för de behöver också en trygg We are striving to come to an agreement early so that we know what is going on this year.