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Financial targets

  • Annual growth in long-term net asset value per ordinary Class A and ordinary Class B share over time of at least 12 percent (including any value transfers).
  • Annual growth in the management result per common share of series A and B over time of at least 12 percent.

Operational targets

  • At least 90 percent of rental income must come from public-sector tenants over time.

Financial risk limits

  • The debt-to-equity ratio should long-term be within the range of 50–55 percent and should not exceed 60 percent.
  • The interest coverage ratio should long-term exceed 2 times.

Dividend policy

  • The total dividend should be in the range of 30–50 percent of profit from property management, with D shares entitling to a dividend of no more than SEK 2 per D share.
  • According to the company’s articles of association, the D shares, in the event that a dividend is declared, are entitled to five times the aggregate value transfer on the A shares and B shares, but no more than SEK 2 per share and year.