Summary of Interim Report:
- Rental revenue was SEK 5,953 million (5,944).
- Net operating income totalled SEK 4,471 million (4,521), a decrease of 2 per cent on the previous year. The decrease was mainly attributable to higher heating costs and non-recurring costs for the completed organisational review.
- Changes in property values amounted to SEK -663 million (-394).
- Net interest income amounted to SEK -656 million (-656) and changes in the value of financial instruments amounted to SEK -62 million (1).
- Income from property management was SEK 3,637 million (3,711), a decrease of 2 per cent year-on-year due to lower net operating income.
- Assessed market value of investment properties amounted to SEK 118,470 million (116,619).
- The loan-to-value ratio was 30.3 per cent (29.2) at the end of the period.
- The total yield on a rolling 12-month basis amounted to 3.8 per cent (4.3). The total yield on a rolling 84-month basis was 6.8 per cent (7.5).
Read the Interim Report in its entirety here.
