contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


investors-house-2026-will-be-a-year-of-structural-arrangements-nordea

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Investors House operates in the real estate industry. The investments are mainly found in larger commercial properties around the Finnish market, with a focus on growing university cities. In addition to direct ownership and management, the properties are also leased to various tenants. Operations are held in the Finnish market and the head office is located in Helsinki.

Frans has written another company report following Investors House’s Q4.  Investors House’s Q4 report was slightly better than our expectations, especially thanks to the Services segment. The company delivered yet another dividend surprise, and the Board proposes a dividend of EUR 0.37. The company’s guidance was cautious as expected, and 2026 will be a year of structural change as the company is likely to split into separate services and real estate businesses. The outlook for the Services segment is better than before, and we believe the company’s strong historical track record justifies a higher valuation level than in the past. However, the expected return remains negative due to the downside in valuation (2026e P/B 1.44x) despite the 8.7% dividend yield. We raise our target price to EUR 3.70 (prev. EUR 3.50) driven by forecast changes and the increase in the fair value of the Services segment, but we reiterate our Reduce recommendation.                   Inderes              Investors House Q4'25: Osinkoaristokraatilla muutoksien vuosi edessä - Inderes    Yhtiö tulee todennäköisesti jakautumaan tänä vuonna kahteen erilliseen yhtiöön, jotka keskittyvät Palvelut- ja Kiinteistöt-liiketoimintoihin.

Here are Frans’s quick comments on IH’s results.                    Inderes              Investors House Q4'25 -pikakommentti: Hyvää tekemistä ja vielä yksi...    Hallitus ehdottaa odotukset selvästi ylittävää 0,37 euron osinkoa, mikä vastaa 9,6 prosentin tuottoa.                             And here is also @Petri_Roininen’s interview regarding Q4                    Inderes              Investors House Q4'25: Rakennemuutoksen vuosi edessä - Inderes    Aika: 09.02.2026 klo 14.07 Investors House saavutti osinkoaristokraatin statuksen ja yllätti odotuksia korkeammalla osinkoehdotuksella. Kuluvan vuoden teemana on suunniteltu jakaututuminen kahdeksi itsenäiseksi yhtiöksi.                             Topics: 00:13 Summary of 2025  01:38 Dividend proposal and capital allocation  03:42 Partial demerger and development of segments  06:38 Status of the new residential fund launch  07:23 Guidance for 2026  08:45 Housing market situation

Frans has prepared a preview report; IH will publish its results on Monday, Feb 9.  We expect a comparably improving trend in revenue driven by service revenue, but the earnings level will drop significantly from an exceptionally strong comparison period as a result of the Apitare real estate sale. Our focus in the report is particularly on the 2026 guidance, which is exceptionally interesting due to the changed business structure and the reduced balance sheet. We forecast the dividend to be EUR 0.20, but the balance sheet would still allow for a positive dividend surprise. In our view, the stock’s valuation does not yet attract further purchases before the earnings growth outlook becomes clearer. We reiterate our target price of EUR 3.50 and our Reduce recommendation.                   Inderes              Investors House Q4'25 -ennakko: Uudelleenkalibroinnin vuosi edessä - Inderes    Uuden liiketoimintarakenteen myötä vuoden 2026 ohjeistus tulee olemaan erityisen mielenkiintoinen.

@Petri_Roininen was talking about his company as an investment at the Real Estate Evening.                    Inderes              Investors House sijoituskohteena | Kiinteistöilta 3.12.2025 - Inderes    Aika: 11.12.2025 klo 11.00 Investors Housen toimitusjohtaja Petri Roininen avaa yhtiön liiketoimintaa Kiinteistöilta-tapahtumassa.

@Petri_Roininen was talking about his company as an investment target at the Investor 2025 event.                    Inderes              Investors House sijoituskohteena | Sijoittaja 2025 - Inderes    Aika: 27.11.2025 klo 15.07 Investors Housen toimitusjohtaja Petri Roininen avaa yhtiön liiketoimintaa Sijoittaja 2025 -tapahtumassa.

@Petri_Roininen was interviewed by Frans regarding Q3.                    Inderes              Investors House Q3'25: Suunnitteilla rahastolanseeraus - Inderes    Aika: 10.11.2025 klo 15.30 Investors House julkaisi hieman odotuksiamme paremman Q3-raportin, kustannustason ollessa läpi konsernin odotuksia matalampi. Yhtiö kertoi suunnittelevansa uuden asuntorahaston lanseerausta, mikä voisi onnistuessaan...                             Topics: 00:00 Introduction  00:12 Key points from the third quarter  00:52 Development of the Real Estate segment  01:35 Situation of the Services segment  02:59 Investors House’s role in the market  04:21 Fund launch  05:28 Why is now the right time?  07:09 Market situation  09:25 Tightness of financing

Here are Frans’s comments on the morning’s results.  Investors House published a Q3 report that was slightly better than our expectations. Revenue and profit levels decreased significantly from the comparison period as expected, but the cost level across the group was lower than our expectations, which led to the result exceeding our forecast. The company announced plans to launch a new housing fund, which, if successful, could significantly grow the Services segment’s business.                   Inderes              Investors House Q3’25 -pikakommentti: Hyvää kustannusten hallintaa ja uusi...    Liikevaihto ja tulostaso laskivat odotetusti merkittävästi vertailukaudesta, mutta kustannustaso oli läpi konsernin odotuksiamme matalampi, jonka ansiosta tulos ylitti ennusteemme.

Investors House

Investors House's Q4 report was solid, with the Services segment surprising positively, while the Real Estate segment was broadly in line with our expectations. The company has successfully ...

Investors House's Q4 report was solid, with the Services segment surprising positively, while the Real Estate segment was broadly in line with our expectations. The company has successfully implemented cost reductions in Services, and Q4 was boosted by certain successful projects. After the significant divestment of the Apitare JV in 2025, the company guides for earnings to decline significantly in 2026. It also continues to work on the separate listing of the Services business. Our adjusted EPS estimates for 2026-28 are EUR 0.19-0.20, and we expect the dividend for 2026 to be reset to EUR 0.10, after the ordinary dividend of EUR 0.37 and the extra dividend of EUR 3.14 in 2025. We derive a lower fair value range of EUR 2.9-3.8 (3.1-4.2). Our fair value range is based on 2026E P/BV of 0.9-1.2x.