Income from property management -8% vs. ABGSCe
Total income came in at SEK 184m (159m), compared to our forecast of SEK 187m. Net operating income (NOI) was SEK 144m (128m), -3% compared to our estimate. Income from property management (IFPM) amounted to SEK 74m (82m), -8% vs. ABGSCe. Net leasing summed up to SEK 4m (14m) and SEK 52m (27m) R12m, and the occupancy rate remained at 91% (91% in Q2’22 and 88% in Q3’21). Net operating income in the earnings capacity came up by 4.5%, mostly driven by decreased operating costs. As a result, the NOI margin increased by 2.0 pp q-o-q to 77.4%. Renegotiated rents increased by an average of 21%.
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