Investing.com – Fastighets AB Trianon announced strong financial results for fiscal year 2025 on Friday, with property management profit per share increasing by 27% and net asset value rising 8% year-over-year.
The Swedish real estate company resumed paying a dividend of 0.25 Swedish kronor per share, exceeding market expectations by 27%. Management expects profits to grow again in double digits in 2026.
Trianon reported rental income of 787.3 million Swedish kronor, up 1.9% from the previous year. On a comparable basis, rental income grew 6%, mainly driven by a 4.9% increase in residential asset rents and higher occupancy rates.
The company’s vacancy rate improved significantly, decreasing 150 basis points year-over-year to 2.7%, with residential vacancy at 2%, and community and commercial real estate vacancy at 6%, below 2024’s 9%.
Property management profit increased 22% to 217.2 million Swedish kronor, and on a per-share basis, it rose 27% to 1.15 Swedish kronor. The company’s debt cost decreased from 3.9% in 2024 to 3.4%.
Trianon’s adjusted net asset value grew 8% year-over-year to 33.6 Swedish kronor per share, with the full-year comparable asset value increasing by 1.4%, and just in the fourth quarter, it grew 0.7%.
The company has secured acquisition projects worth 430 million Swedish kronor for 2026, representing 3% of total asset value. This follows the completion of a 970 million Swedish kronor negative asset swap in fiscal year 2025.
To simplify its capital structure, major shareholders have converted all Class A shares into Class B shares. The company also appointed Petra Krüger as the new CEO and nominated Olof Andersson as Chairman of the Board.
Trianon’s debt metrics have slightly improved but remain relatively high compared to sector standards. Loan-to-value ratio decreased from 54.7% in 2024 to 53.9%, and interest coverage ratio increased from 1.6x to 1.9x.
This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.
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Trianon Real Estate Company Announces Strong Performance in 2025 and Resumption of Dividend Payments
Investing.com – Fastighets AB Trianon announced strong financial results for fiscal year 2025 on Friday, with property management profit per share increasing by 27% and net asset value rising 8% year-over-year.
The Swedish real estate company resumed paying a dividend of 0.25 Swedish kronor per share, exceeding market expectations by 27%. Management expects profits to grow again in double digits in 2026.
Trianon reported rental income of 787.3 million Swedish kronor, up 1.9% from the previous year. On a comparable basis, rental income grew 6%, mainly driven by a 4.9% increase in residential asset rents and higher occupancy rates.
The company’s vacancy rate improved significantly, decreasing 150 basis points year-over-year to 2.7%, with residential vacancy at 2%, and community and commercial real estate vacancy at 6%, below 2024’s 9%.
Property management profit increased 22% to 217.2 million Swedish kronor, and on a per-share basis, it rose 27% to 1.15 Swedish kronor. The company’s debt cost decreased from 3.9% in 2024 to 3.4%.
Trianon’s adjusted net asset value grew 8% year-over-year to 33.6 Swedish kronor per share, with the full-year comparable asset value increasing by 1.4%, and just in the fourth quarter, it grew 0.7%.
The company has secured acquisition projects worth 430 million Swedish kronor for 2026, representing 3% of total asset value. This follows the completion of a 970 million Swedish kronor negative asset swap in fiscal year 2025.
To simplify its capital structure, major shareholders have converted all Class A shares into Class B shares. The company also appointed Petra Krüger as the new CEO and nominated Olof Andersson as Chairman of the Board.
Trianon’s debt metrics have slightly improved but remain relatively high compared to sector standards. Loan-to-value ratio decreased from 54.7% in 2024 to 53.9%, and interest coverage ratio increased from 1.6x to 1.9x.
This article was translated with the assistance of artificial intelligence. For more information, please see our Terms of Use.