interim report 2023, January to September
liquidity of EUR 2,371 millionRental income was EUR 247 million,a 12.3 percent increase compared to thesame period last year.The like-for-like rental income growth was 11.5 percent, due to higher occupancy rates andhigher new lease levels. The like-for-like vacancy rate decreased by2.0 percentage points during the last twelve months,a result of the focus on completion of capital projects.Vacancy rate at the end of the third quarter was6.6 percent, whereof 79 percent was due to upgrades. The like-for-like net operating income growth was18.0 percent for the
Kiilto Ventures invests in Voltan Energy , a Finnish scaleup that designs, constructs, finances and operates geothermal energy infrastructure. Compared to traditional heating sources, Voltan’s energy solutions provide a cost-effective, emission-free alternative for residents and building owners.Today, district heating is the largest source of emissions in many Finnish large cities. For example, about 60% of Helsinki’s direct carbon dioxide emissions originate from the production of district heating
