Interim report January-September 2020
The real estate business continues to develop positively. Profit from property management increased by 83 per cent as a result of a larger property portfolio and higher rent level. In the third quarter, unrealised value changes to the holding in Melon Fashion Group (MFG) amounted to EUR 8.7m.The period January‒September 2020 · Rental income increased by 52 per cent to EUR 13,936k (9,187). The increase is primarily attributable to a larger property portfolio, but also due to a higher rent level and higher occupancy rate. Rental income in a comparable portfolio increased by 6 per cent.