April 16 2021

Summary from Pareto Project Finance Real Estate – Company Presentations

On Wednesday April 14, 2021, Pareto’s Project Finance Real Estate Company Presentations event took place. The event was virtual with presentations from five real estate companies listed at Spotlight Stock Market, as well as an introduction to the Project Finance Real Estate business model with focus on Pareto’s latest real estate projects. 

 

Pareto’s Real Estate Company Presentations event commenced with an introduction by Ingeborg Magnusson, Corporate & Client Communication Manager at Pareto Securities, and moderator of the event. 

Hampus Ållemark and Hannes Kimari, both Equity Partners at Pareto Securities, gave an introduction to the Project Finance Real Estate business model, the organization structure and the property portfolio under management, with focus on Pareto’s most recent real estate projects. 

Ulf Attebrant, Managing Director of Logistri Fastighets AB, continued the event with the first company presentation and gave insight in Logistri’s future targets and the development since the establishment of the company in 2017. Specialized in light-industrial properties, Logistri’s portfolio has grown through four acquisitions to over SEK 1.4 bn in gross property value – comprising some 171,000 m2 of lettable area and 17 properties. 

The presentation was followed by an introduction to Backaheden Fastighets AB, by the company’s Managing Director Johan Åskogh. The company was listed on Spotlight Stock Market during the first quarter of 2021 and is one of two real estate companies that Pareto have listed during 2021. Backheden owns a modern logistics property in the Gothenburg area, with the well-known company Santa Maria as anchor tenant. 

Thomas Lindström, Managing Director of Mälaråsen AB followed by introducing Mälaråsen’s properties in Stockholm and Uppsala as well as the company’s new tenant Volvo Personvagnar AB. Thomas reasoned around the new tenant´s plans for the properties as well as the future development potential in the properties.

The presentation was followed by an introduction to Fleming Properties AB, by the company’s Managing Director John Malmström. Fleming Properties is a real estate company that owns and manages a prime office asset in central Helsinki with a total lettable area of 41,000 m2 with SOK as anchor tenant.

The presentation was concluded by Oskar Wigsén, Managing Director of Krona Public Real Estate AB. Krona Public Real Estate is Pareto`s most recently established real estate company which was listed on Spotlight Stock Market during the end of the first quarter 2021. Krona Public Real Estate owns a portfolio of high-quality public use properties in Kongsberg, Norway. The three largest tenants are all public sector tenants represented by the state, county and municipality and accounts for almost 97% of the company’s annual rental income.

To see a recording from the event please use this link.