The board of directors of Prisma Properties has decided to adjust the company’s long-term financial target for the net loan-to-value ratio from 50 to 55 percent.
Prisma Properties aims to double its property portfolio from SEK 8 billion to SEK 16 billion before the end of 2028. This will be achieved through profitable project development, strategic acquisitions, and share issues in kind while maintaining financial stability. The board has therefore decided to raise the company’s financial target for the net loan-to-value ratio from 50 to 55 percent, with the possibility for this ratio to reach up to 60 percent during shorter-term periods.
“The decision is part of the company’s strategy to increase investment capacity and create long-term shareholder value. The adjustment reflects our transition from the build-up phase to a more capital-optimized growth phase. Our continued priority is profitable growth, where we see opportunities to use our financial capacity in a way that benefits both the company and Prisma’s shareholders over time”, says Fredrik Mässing, CEO of Prisma Properties.
The company’s other long-term financial targets remain unchanged: