Public Property Invest ASA - Invitation to half-year presentation, Thursday 11 July 2024

CEO Ilija Batljan, CFO Ylva Göransson and EVP Finance and ESG Marianne Aalby will present the results in a webcast, followed by a Q&A session.

Please use the following link to register and view the webcast: https://players.brightcove.net/4628382152001/experience_667d39f5612b25e9853a2df0/share.html.

A Q&A session will follow the presentation, and questions may be submitted by sending an email to IR@publicproperty.no.

A recorded version of the webcast and Q&A will be available shortly after the webcast has concluded.

The interim report for the first half-year and the presentation material will be available on https://newsweb.oslobors.no/ and on https://publicproperty.no/en/investor-relations/reports-and-presentations at around 07:00 CEST on the reporting day.

For further inquiries, please contact:

Ilija Batljan, interim CEO, ilija@publicproperty.no
Ylva Göransson, CFO, ylva@publicproperty.no

About PPI

Public Property Invest was established in 2021 with a long-term strategy of owning, operating, and developing socially beneficial properties in Norway.

Its portfolio of properties is characterized by strong tenants within the public sector, such as the police, judiciary functions and public health organizations, on long lease contracts and a high occupancy rate.

Public Property Invest's portfolio consists of more than 368,000 sqm across 61 properties which had an aggregate estimated value of around NOK 9,976 million as of 31 December 2023. It has more than 125 tenants in 26 cities.

In the medium to long term, Public Property Invest is expected to generate NOK 690 million in normalised run-rate rental income, of which public tenants constitute approximately 92 per cent. The company intends to be an active consolidator in the market. With a strong balance sheet, it pursues an opportunistic growth strategy.