Vision
By means of skilled entrepreneurship and a high level of expertise, Kungsleden will become Sweden’s most profitable and successful property company.
Business Concept
Kungsleden owns and manages properties, generating high and stable long-term returns.
Strategy
Kungsleden intends to achieve its objectives by:
- Enhancing a skilled and business-oriented organisation;
- Pursuing customer satisfaction through the active management and enhancement of its property holding;
- Proceeding from our existing holding, and through acquisitions and disposals, assuring high long-term returns.
Financial Targets
Kungsleden's objectives are:
- A minimum return on equity of 15 per cent;
- An interest coverage multiple of 2.
Risk Limits
Kungsleden limits risk by:
- Sourcing a maximum of 30 per cent of rental revenue from industrial and warehouse properties;
- Sourcing a maximum of 30 per cent of rental revenue from properties located in municipalities with populations of less than 25,000;
- A minimum interest coverage multiple of 1.5.
Dividend Policy
The Board of Directors’ ambition is to maintain stable dividends, with a high pay-out ratio. This policy stipulates dividends of at least 50 per cent of profits for calculating dividends. This profit measure corresponds to the cash flow statement item cash flow from operating activities.