Rikshem’s three month report January-March 2018: Increased rental income and property value in excess of SEK 42 billions
Rental income increased to MSEK 680 (665). Rental income for comparable portfolios increased by 4.0 percent (5.2). Profit after tax amounted to MSEK 329 (385).“Demand for rental apartments remained strong and the market vacancy was a low 0.3 percent. While rental income increased during the period, the cold, snowy winter resulted in higher expenses that impacted earnings for the first quarter. Move-in began at northern Sweden’s tallest wood building, where, in only 15 months, we have built 110 new apartments,” says Sophia Mattsson-Linnala, CEO of Rikshem. · Rental income increased to