Platzer Fastigheter Holding AB (publ) (PLAZF) Q1 2026 Earnings Call Prepared Remarks Transcript

SA Transcripts159.34K FollowersFollow5ShareSaveCommentsPlay Earnings CallPlay Earnings Call Platzer Fastigheter Holding AB (publ) (PLAZF) Q1 2026 Earnings Call April 17, 2026 3:00 AM EDT Company Participants Johanna Rentsch - Chief Executive OfficerJakob Nilsson - Chief Financial Officer Presentation Johanna RentschChief Executive Officer Welcome everyone joining us today for our first quarter interim report. My name is Johanna, and I will be copresenting together with my CFO, Jakob. We entered 2026 with a high level of business activity, similar to the previous quarter, in fact. As I mentioned before, maintaining a strong business momentum is a key ambition of mine, and I'm proud to see that this quarter, we are seeing results from our efforts, both in meeting customer needs, our letting activity and on the transaction side. Despite a turbulent macro environment with geopolitical tensions and ongoing conflicts in the Middle East, we have successfully closed several important agreements. We delivered a strong letting performance, including several large lettings and the successful renegotiation stock with solid rental growth. Net letting amounted to SEK 20 million, and we improved our occupancy rate. All of this net letting was generated from our offices portfolio. We'd likely have not seen yet the full long-term effects of the war in the Middle East, particularly regarding energy prices, inflation and interest rates. But we are noting some volatility in market rates and slightly more cautious focus in the Swedish economy recovery. So far, we have not experienced any slowdown in corporate decision-making but we remain mindful that this could change. My guiding principle, however, is to focus on what we can control, and that is where we put in our efforts. That said, here and now, we are delivering. Speaking of our strong business momentum, most notably, we recently signed a major combined asset swap with the Port of Gothenburg, creating multiple positive effects. In addition, in