Please find enclosed the report for Q4 2023 from Aurora Eiendom AS. 

Rental income in Q4 was NOK 146 million (NOK 139 million), which corresponds to
a like-for like growth of 5 %. The increase can mostly be attributed CPI growth.
o Full year rental income totaled NOK 575 million (NOK 448 million)
o Aurora Eiendom acquired three shopping centers during 2022 (Alti Buskerud in
March, as well as Gulskogen Senter and Arkaden Senter in July). The increase in
rental income thus primarily comes from a larger property portfolio.

Net income from property management was NOK 120 million in the quarter (NOK 116
million)
 o For the year 2023 net income from property management was NOK 477 million
(NOK 378 million)

In Q4, new leases were started on a total area of 8 638 sqm, while leases for 6
957 sqm expired. Occupancy is 97.7 % by year-end.

The quarter s gross tenant turnover in our fully owned centers was NOK 2 742
million, which is a like-for-like growth of 3.4 % compared to Q4 2022.
o In 2023, like-for-like growth in gross tenant turnover was 4,6 % compared to
2022.

During the year 2023 Alti Forvaltning increased its shopping center portfolio by
seven centers, now managing a total of 45 centers in across Norway.

Click here for more information

© Oslo Bors ASA, source Oslo Stock Exchange