Adj. Rec. PTP 65m (3% vs ABGSCe 63m)
Q4'23: Total income SEK 208m (-4.3% vs ABGSCe 217m), NOI 163m (2.2% vs ABGSCe 160m), Adj. recurring PTP 65m (3% vs ABGSCe 63m), Adj. CEPS 1.62 (-4% vs ABGSCe 1.68), Reported EPRA NRV 182.6 (-0.8% vs ABGSCe 184.1). Value changes of -0.6% vs ABGSCe -0.8%. The NOI margin expanded 7.5 pp y-o-y to 78.4% (70.8%) vs ABGSCe at 73.4%. Net interest includes SEK 11m in EO items which we have adjusted for in the figures above. NOI in the earnings capacity increased 5% q-o-q to SEK 711m (677m in Q3’23). The occupancy rate was flat at 94% (94% in Q2’23 & 92% in Q4'22) and average interest rate decreased 50bps q-o-q to 4.1%.