A stable company with a sustainable business model

Vasakronan is owned in equal shares by the First, Second, Third and Fourth Swedish national pension funds. The owners are to ensure long-term financing of the pension system and invest their capital in various types of assets. Property investments are made through Vasakronan, among others. Our owners make high demands and Vasakronan’s assignment is to deliver a high and long-term risk-weighted return, though never at the expense of the environment and people. To accomplish our assignment, our ambition to be Sweden’s leading property company and to ultimately achieve our vision to “create future-proof cities for everyone, where people and companies thrive”, we must create long-term sustainable value, for the business as well as for our stakeholders.

Vision

Our vision is to create future-proof cities for everyone, where people and companies thrive.

Assignment

Vasakronan’s assignment is to generate a high and long-term risk-weighted return for our owners the First, Second, Third and Fourth Swedish national pension funds. Though never at the expense of the environment and people. A return that will benefit Sweden’s current and future pensioners.

Business concept

Our offering of premises creates preconditions for people and operations to perform at their best. We own properties and develop areas and urban environments into dynamic places that are attractive and sustainable over the long term.

Ambition

Vasakronan is Sweden’s leading property company through being:

  • The preferred choice for everyone seeking commercial premises.
  • Best in urban development.
  • One of the world’s most sustainable property companies.
  • The most attractive employer in the industry.

Business model for profitability and value creation

Our vision is to create future-proof cities for everyone, where people and companies thrive. Our business model enables us to achieve profitability and create sustainable value for our stakeholders. The overriding goal is to deliver a high and long-term risk-weighted return, though never at the expense of the environment and people. Our profitability is derived from letting premises at our properties for recurring revenue along with managing and refining our properties in an increasingly sustainable way for a positive value change. This is how we achieve a high total yield that enables us to distribute dividends to our owners and reinvest in the business.

Operations are guided by clear strategies and long-term goals.

Investment strategy
We focus on investments in long-term attractive growth markets and areas. We continuously refine the property portfolio through development and additions.

Operational strategy
We follow our customers in their development and offer solutions to meet their needs. We manage our properties and premises with a focus on quality, efficiency and sustainability.

Financing strategy
We strive to have low financial risk through active debt management and long-term green financing.

Long-term goal
An average total yield of at least 6.5% per year, over a rolling ten-year period. The total yield is also to be 0.5% percentage points above the industry average.

Annual Report

Questions on our business model or our targets?

Please contact Stina Carlson

Stina Carlson

Head of Group Controlling 076-784 88 43

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