Project Westfield

PROJECT WESTFIELD

About K-FASTIGHETER (the seller)

The seller K-Fast Holding AB (“K-Fastigheter”) is a project development, construction, pre fab and property company focused primarily on rental housing properties. As of 31 December 2022, the rental housing properties accounted for 91% of the property value of the completed property portfolio and for 88% of the contractual rent.

K-Fastigheter’s property portfolio encom passes a lettable area of approximately 288,000 sq m across more than 3,708 hous ing units and 170 commercial contracts with an annual rental value of some SEK 476 mil lion. The project portfolio also comprises over 6,100 flats under construction and in project development.

Number of apartments under management 3,833 Units Q1 2023 3,708 Units Q4 2022 Number of homes in production 1,986 Units Q1 2023 2,058 Units Q4 2022

Rental income

Long-term net asset value

114.4 SEK M Q1 2023 79.3 SEK M Q1 2022

5,575.2 SEK M Q1 2023 5,768.3 SEK M Q4 2022

Investment properties, value

Profit from property management 32.1 SEK M Q1 2023 26.0 SEK M Q4 2022

13,596.1 SEK M Q1 2023 13,094.6 SEK M Q4 2022

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