Interim report January – March 2023
The year begins with the highest ever quarterly earnings in the property business, in spite of higher interest expenses. A larger property portfolio, a higher occupancy rate and higher rent levels, in combination with lower costs, meant that the profit from property management increased by 70 per cent compared to the same period last year, and 26 per cent compared to the fourth quarter of 2022. Discussions are ongoing relating to a sale of the holding in MFG.January–March 2023 · Rental income increased by 45 per cent to EUR 9,051k (6,226), due to a larger property portfolio as well as