D. Carnegie & Co’s 2014 annual report published on the company’s website at www.dcarnegie.se
The 2014 annual report for D. Carnegie & Co AB (publ) is now available on the company’s website. A printed version of the annual report may be ordered commencing Friday, 27 March 2015. It is anticipated that the English version of the annual report will be available on the website in the beginning of April 2015.
The information is the type of information which D. Carnegie & Co AB (publ) is obligated to publish according to the Securities Markets Act and/or the Trading in Financial Instruments Act.
For more information, please contact:
Ulf Nilsson, CEO, D. Carnegie & Co
+46 (0)8 121 317 25
Per-Axel Sundström, CFO, D. Carnegie & Co
+46 (0)8 121 317 25
About D. Carnegie & Co
D. Carnegie & Co is a property company focusing on residential properties in the greater Stockholm region and other growth areas. The company’s business concept is to own property portfolios slated for a gradual renovation of apartments in conjunction with the natural turnover of tenants. This can take place quickly and cost-efficiently thanks to extensive experience from the Bosystem renovation method. This renovation model is appreciated both by tenants as well as the Tenants Association since the apartments are attractively remodelled and the tenants need not be moved from their apartments. In addition to this, the company creates value through the development of construction rights in existing portfolios up to the time until the zoning plan becomes final and binding.
The market value of the company’s properties amounted to MSEK 11,521 on 31 December 2014 and the total rental value is estimated at MSEK 1,161 annually. The economic occupancy rate is high – vacancies are virtually non-existent when excluding apartments which are undergoing refurbishment. D. Carnegie & Co has been listed on NASDAQ Firth North Premier since 11 December 2014. The company’s Certified Adviser is G&W Fondkommission.