Heimstaden Bostad AB Q3 2023 Results
Highlights (figures in brackets refer to previous quarter): · The European residential markets continue to experience increased supply/demand imbalances putting further upward pressure on rents across our markets. The like-for-like rental growth was 4.2% (5.6%) and real economic occupancy remains high at 98.1% (98.1%) · The strong operational performance is driven by both rental income at SEK 3.8 billion (3.7) and prudent cost efficiency measures. The NOI margin was 69.6% (69.0%) and the LTM NOI margin was 66.2% (66.0%) · Investment properties of SEK 332 billion (340) and 161,