Net operating income -17% vs. ABGSCe
IFPM in earnings capacity down ~50%
Occupancy rate at 87% (88% in Q1)
Negative income from property management and net profit
Rental income came in at SEK 105m (51m), compared to our forecast of SEK 116m. Net operating income was SEK 70m (22m) and the NOI margin 66% (44%), compared to our estimates of SEK 84m and 72%. Central admin was hurt by a one-off of SEK 2.6m. Income from property management (IFPM) amounted to SEK -16m (SEK -27m) compared to our forecast of SEK 14m. In the earnings capacity, IFPM fell by 48% in absolute numbers and 50% per share. The occupancy rate amounted to 87% (88% in Q1). The average interest rate was 5.0% (4.6% in Q1).
LÄS MER
