Syfte & frågeställning: Syftet med detta arbete är att analysera hur fastighetsbolag anpassar sin ekonomiska strategi, det vill säga hur de navigerar i investeringsbeslut, ser på sitt finansiella upplägg samt hur de arbetar med utmaningar och riskhantering. - Hur anpassar fastighetsbolag sin ekonomiska strategi för att hantera utmaningarna i rådande kostnadsökningar? Bakgrund: Tidigare har forskning genomförts inom olika branscher för att utforska olika aspekter av företagens strategiska beteende under perioder av ekonomisk osäkerhet, inklusive deras hantering av kostnadsökningar. Dock finns ett kunskapsgap när det gäller studier inom detta ämne i den svenska fastighetsbranschen idag. För närvarande råder en utmanande situation på fastighetsmarknaden, där kombinationen av låg avkastning på fastigheter och höga finansieringskostnader har resulterat i ett begränsat intresse för fastighetsköp. Metod: Denna uppsats omfattar en forskningsstrategi som präglas av abduktiv metodik. Litteraturstudien gjordes genom att samla in teorier och kunskap från tidigare forskning. Vidare genomfördes en kvalitativ studie där nio individer med varierande roller inom fastighetssektorn intervjuades. Slutsats: Oavsett företagets storlek har de företag med kommersiellt bestånd indexreglerat sina hyror för att kompensera för inflationen. Generellt anser respondenterna att den stora förändringen är att man är mer försiktig vid nya investeringar. Det är dock viktigt att notera att det inte finns någon allmän lösning som passar alla företag. / Aim & Research Question: The purpose of this study is to analyze how real estate companies adjust their financial strategy, namely how they navigate investment decisions, manage their financial structure, and address challenges and risk management. - How do real estate companies adapt their financial strategy to address the challengesof current cost increases? Background: Previous research has been conducted across various industries to explore different aspects of firms’ strategic behavior during periods of economic uncertainty, including their handling of cost increases. However, there is a knowledge gap regarding studies within this subject in the Swedish real estate industry today. Currently, there is a challenging situation in the real estate market, where the combination of low property yields and high financing costs has resulted in limited interest in property purchases. Method: This essay encompasses a research strategy characterized by abductive methodology. The literature review was conducted by gathering theories and insights from previous research. Furthermore, a qualitative study was carried out, interviewing nine individuals with diverse roles within the real estate sector. Conclusion: Regardless of the company size, commercial portfolio companies have indexed their rents to compensate for inflation. Overall, respondents believe that the major change is being more cautious in new investments. However, it is important to note that there is no onesize-fits-all solution for all companies.

Over-budget projects have become more common lately in the construction industry. This can lead to negative effects such as disputes between construction operators, closure of projects and reduced construction activity. In addition, increased construction costs risk financial strain for the entrepreneurs, which can lead to bankruptcy and a lower number of entrepreneurs in the market. With the recent large cost variations for, among other things, various building materials and fuels, it is of great interest as an entrepreneur to be able to protect yourself against cost increases. Therefore, it is important that an entrepreneur knows which financial instruments are available and what an effective financial risk management process can look like.The purpose of the study is to investigate which financial instruments are available that can protect a contractor against increased costs during the contract period. In addition, the study aims to investigate how the research believes that financial risk management should look like, both in tender phase and in the construction phase.The study's theory deals with which financial instruments an entrepreneur can use to protect themself against cost increases in a contract and how financial risk management should look like. The methods that the study covers are budget contingency, index regulation, General Regulations and the impact of inflation. The study also describes the Successive Principle as a method for managing uncertainties in a project. The study's theory regarding financial risks deals, among other things, with the four steps of identification, assessment, pricing and management of risks in the tender phase. In addition, how to deal with extern risks and risks in the construction phase are described.In order to compare the theory of the study linked to the research questions, BDX Företagen AB has been studied as a case company to see how a company in the industry works regarding financial risk management and protection against cost increases. In addition, interviews with the Swedish Transport Administration have been conducted to get the client's view on the matter. After the completed case study, some shortcomings were discovered with the methods described in the theory section, as well as opportunities for improvement regarding the case company's risk management and use of protection against cost increases. These are described as findings in the study. Some of the findings of the study are:-       A better index will be needed in the industry for an entrepreneur to be able to leave a fixed price.-       The Swedish Construction index is to be shut down and there is currently no substitute.-       There is no standardized way to interpret the General Regulations, which means that the assessment will be different from project to project.The study presents a number of recommendations the case company and other similar companies in the construction industry can make use of. The recommendations are based on the theory section and the shortcomings discovered in the case study. Some of the recommendations are:- Consider inflation when calculation projects.- Implement the Successive Principle when assessing risk and opportunities.- Develop a routine to transfer the risks from the tender phase to the construction phase.Financial risk management and protection against cost increases are of great importance to an entrepreneur in the construction industry. If these things are not taken into account, the entrepreneur risks financial losses, which in the worst case can lead to bankruptcy.