Q2_2019_2020 Nivika_Presentation_ver_2,0

Nivika – stands firm although the Covid-19 situation
Stable profit for the first half year. Future impact of the coronavirus pandemic is difficult to assess
• Strong Balance sheet and good liquidity
Nivika has a strong balance sheet and good liquidity thanks to the SEK400m rights issue that was
carried out in December 2019.
• Tenant diversification
Nivika has a diversified tenant structure, where of 30% is residential and 9% municipality, which is
less impacted and only 9% is retail and 4% is hotel and restaurants. (Figures including the Alhansa
portfolio.)
• Only postponement on rental payment granted so far (April 24 th )
Until now Nivika has only granted deferral with half the rent of April for a small number of
tenants within the hotel, restaurant and retail branch. No discounts are decided yet.
• Individual assessments will be made for tenants asking for rental relief
Any subsequent rental discount will be individually assessed and decided from a 2-3 years a
business perspective.
• Buildings under construction
Nivika has yet no operational disruption or delays in the ongoing building projects, all
constructions are according to plan.
It is difficult to predict what will happen in the long term, as no one knows how
long this pandemic will last, or how long and deep any recession might be.
| 10