Stable development for ICA Real Estate

2020 was largely a year of continued development and planning for marketplaces in locations close to cities. Work continued on ensuring that the properties are being managed in a sustainable, customer-focused and value-creating way in order to support and develop ICA Sweden’s store network.


About ICA Real Estate

ICA Real Estate has a large and actively managed property portfolio within the retail segment. Its overall mission is to meet ICA Gruppen’s long-term need for appropriate properties in the right locations. This consists of acquiring, developing and managing marketplaces adjacent to existing or planned ICA stores, and selling fully developed properties on an ­ongoing basis.

2840 SEK m

Net sales 2020

603 SEK m

Operating profit 2020*

21.2 %

Operating margin 2020*

*Excluding items affecting comparability