Wihlborgs Fastigheter AB (publ)

Thank you, and welcome to the presentation of Veil Voice Q1-24. The time of change continues, and even though we have now started our 100-year celebration, we have our total focus on the future. The positions we're taking during a week of time make us feel well equipped for acceleration, and we might see some light shining at the end of this turn. Regardless of what happens next, we intend to be ready And we start with a summary of Q1. A new record for new letting in a quarter, 177 million. And net letting positive for 36 quarters in a row. We also see continuous demand for high quality in good locations. Quarterly revenue above 1 billion Swedish kronor for the first time. Higher financing cost, but ICR at 2.5 times higher. And we have also seen bond market recovering during the quarter. The results for the first quarter, rental income increased by 7% to 1 billion 40 million. And we have just looked at rent. The increase was 10% while service costs decreased. The operating surplus increased by 8% to 780 million, and income from property management amounted to 424 million, affected by higher financial costs. The result for the period amounts to 348 million, corresponding to 1.13 krona per share, and EPRA NRV is now 19.39 krona per share. A comparison of the rental income Q1-23 and Q1-24. Acquisition and currency effect, plus 2 and plus 1 million respectively. Indexation, plus 48 million. One-offs in early termination, 20 million. Supplementary billing and income from canteens decreased by 15 million. Completed projects, new leases and renegotiations, plus 13 million. We have signed new leases for the last quarter at a new record level plus 177 million and the positive net letting for the quarter is 29 million. This is an extremely high activity and I would say that this period of transformation continues and we have continued good relations with and find new solutions for our tenants. Also good activity in early April. The new lease with Novo Nordisk in Högetostrup for 62,000 square metres is of course a great volume in new leases, as well as the termination from Danske Bank at the same property. But it's worth mentioning that our net letting would have been positive also without that deal. And as I usually point out, it continues to be the widespread of many tenants in many sectors that contribute to our long history of positive net letting. We see some figures of higher vacancy in reports from consultants, and I know that we have contributed with positive figures showing lower vacancy in at least some report. So, of course, letting success depends on the product, the location, and maybe something else that the tenants ask for. Here are some of the new tenants that we have signed during Q4. Usually, it's a mix of different segments.

Healthcare growth.

both in Denmark and Sweden. Sweden Care and Rubin Medical have chosen our area Medion in Malmö. Boyado continues their development with us in Lund and Mödra Elektronik have been our tenant for a long time and they have decided to move more production back to Sweden. Here we have the net letting in a historical perspective, letting in light green, termination in light blue, and dark blue stacks are the net letting. Now 36 positive quarters in a row, and this is the second quarter in a row when we actually must expand the scale to make room for the high volume, 177 million. million in new leases and 148 million in terminations. Only one quarter with a negative number for over 14 years. We will do everything we can to continue like this. But as I also always say, let's keep in mind that a quarter is quite a short time period.