Interim Report 2017, January to September
Profit before tax SEK 7 billion
Rental income rose to SEK 3,051 million, an increase of 5.1 percent for comparable properties.
Operating surplus increased to SEK 1,792, up by 9 percent for comparable properties.
The value of the property portfolio increased by SEK 6,397 million, equivalent to 7.3 percent.
Property purchases amounted to SEK 9,554 million. Properties were sold for SEK 7,039 million, mainly in Sweden. At the end of September, the market value of the property portfolio was SEK 97 billion.
The equity ratio was 46 percent and the loan-to-value 43 percent. The secured loan-to-value decreased to 21 percent. Liquidity amounted to SEK 6,222 million.
CEO Pål Ahlsén: After ten quarters of declining capitalization rates, the rate remained unchanged during this quarter. The change in property fair value was 1.4 percent, or SEK 1.3 billion.
Stockholm, 2017-10-23
Pål Ahlsén
CEO
+46 768 07 97 02
Akelius Residential Property AB’s preference shares are listed on Nasdaq First North. Avanza Bank is the Certified Adviser of the company.
