The first quarter was characterised by stable revenue, higher winter-related costs and continued value growth in the property portfolio. We signed a major 12-year lease with
- Rental income amounted to
SEK 707m (711). In an identical portfolio, rental income decreased by approximately 1 percent (+6) . The decrease compared to the previous period was mainly due to properties that changed to projects and also due to provisions made in connection with the pandemic. -
Net operating income amounted to
SEK 506m (520). In an identical portfolio, net operating income decreased by approximately 4 percent (+9) . -
The surplus ratio was 72 per
cent (73) . -
Profit from property management amounted to
SEK 346m (369). -
Realised and unrealised changes in value amounted to
SEK 514m (1,854) in properties. -
After-tax profit for the period amounted to
SEK 863m (1,574), corresponding toSEK 2.64 per share (4.78). -
Net lettings during the period totalled
SEK 36m (15). - The equity / assets ratio was 51 percent (52) and the loan-to-value ratio was 35 percent (35).
"
Presentation of the report
Today at
- SE: +46 8 566 427 07
UK : +44 33 330 090 32- US: +1 83 324 984 06
An English conference will also be held at
- SE +46 8 566 427 03
UK : +44 33 330 090 30- US: +1 83 352 683 95
For further information, please contact:
Åsa Bergström, Vice President and CFO, +46 (0) 8 555 148 29, asa.bergstrom@fabege.se
This information is of the type that
With a focus on commercial properties,
https://news.cision.com/fabege/r/interim-report-january-march-2021,c3332845
https://mb.cision.com/Main/1568/3332845/1406956.pdf
https://mb.cision.com/Public/1568/3332845/a0600383e4dcf85b.pdf
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