Stable development for ICA Real Estate

2019 was largely a year of continued development and planning for sites in locations close to cities. Work also 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 divesting fully developed properties on an ongoing basis.

2731 SEK m

Net sales 2019

504 SEK m

Operating profit 2019*

18.4 %

Operating margin 2019*

*Excluding items affecting comparability