Interim report January–June 2023
The property business continues to develop well, in spite of rising interest expenses. Profit from property management rose by close to 50 per cent during the period due to a larger property portfolio, an improved occupancy rate and a higher average rent level. There are continued discussions for the sale of our holding in Melon Fashion Group, now valued at EUR 162m.January–June 2023 · Rental income increased by 34 per cent to EUR 18,143k (13,576), due to a larger property portfolio as well as higher occupancy rates and higher average rent level. The rental income in a comparable