About Profi Fastigheter

Profi Fastigheter is a vertically integrated real estate investment firm focused on the main Swedish cities. With our value-add approach we invest in local submarkets with strong growth prospects and acquire commercial properties with potential. We reposition and transform properties through active management and development. Profi’s property portfolio currently has a total gross lettable area of approximately 500,000 sq. m and about 300,000 sq. m under development.

We execute on our investment strategy through our dedicated vertically integrated in-house organization. Profi currently employs approximately 35 professionals within investment, asset and property management. Profi has been active since 2004 and consistently delivered a top tier track record. Our investors are highly reputable Nordic and European institutional investors.

We challenge conventions in response to the ever changing social and business environment for the benefit of our customers, our investors and the society as a whole. Profi Fastigheter (the manager) is independent and privately owned by the partners.

Investors

We have a consistent strong track-record of creating superior value and delivering gains through active management, development and regeneration. We focus on opportunities where our size and expertise afford us competitive advantage. We are experts in the repositioning of properties, property development and regeneration projects when they are as most complex.

In addition to working as manager for our discretionary mandates, we work with separate accounts and as local partner and advisor to our institutional clients. Since the start in 2004, we have raised a total of SEK +5 billion in equity. Profi has acquired and / or developed c.1 million sqm of real estate in Sweden across 65 assets with an aggregate cost in excess of SEK 10 billion. Our current AUM is SEK 7 billion. Our investment returns have consistently and across market cycles outperformed both relevant peers and benchmarks. Profi Förvaltning is ranked fifth of all real estate fund managers globally based on consistent performance over time, and the best performing Swedish fund manager.

The fund manager, Profi Förvaltning AB, meets the strictest standards in terms of compliance and is regulated by the Swedish Financial Supervisory Authority (Finansinspektionen). We are compliant with the AIFMD. We also have authorization to perform discretionary management of investment portfolios on a client-by-client basis and authorization to provide investment advice within our markets.

Investment strategy

We deliver superior investment returns by unlocking hidden potential in commercial properties through active asset management and development and transforming assets into core and sustainable real estate. Profi utilises in-house market research to analyze sub-markets with strong growth prospects and identify investment opportunities by focusing on the following factors:

Growth markets

  • Pinpoint areas of interest in local and regional development plans
  • Areas benefiting from ongoing and future infrastructure projects
  • Sub-markets which, in the long term, will benefit from tailwinds or regenerations

Undermanaged assets

  • Assets with below market rents, vacancy or short lease duration and inefficient operations, Assets / sites which are underinvested in or underutilised
  • Mixed-use properties with unclear profile in need of repositioning or redevelopment

Change of use / repositioning

  • Assets with low degree of exploitation and transformational potential in a changing environment
  • Assets with flexible zoning that can be tailored to occupier needs
  • Option to increase land value through increasing building rights or rezoning

Active management

By engaging with local communities to understand their unique history, aspirations and connections to an area.
We get to know our sites intimately and have direct involvement at the property level in order to optimize tenant improvements, operating costs, energy efficiencies, accounting / property reporting, sustainability services and technical planning. In-house leasing capabilities and direct tenant relationships provide Profi with a unique view into the local marketplace.

Asset management and Development

Vertical integration leads to a deeper understanding and differentiated views when underwriting investments, as well as executing business plans. Through our development model we create places that put a community’s needs and aspirations in focus. This leaves a legacy of long-lasting social and economic change for the communities in which we are active.

Sustainability

Profi Fastigheter strives to be a leader within sustainable property management and development. We aim to contribute to a sustainable future, create sustainable properties and local environments. Our sustainability commitment is derived from the definition of the Bruntland Commission: “Sustainable development is development that meets the needs of the present without compromising the ability of future generations to meet their own needs.”

Contact

Thomas Sipos
Thomas SiposCEO, Partner
thomas.sipos@profi.se
+46 709 806 606
Anders Sylvén
Anders SylvénCFO, Partner
anders.sylven@profi.se
+46 733 977 220

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