NPRO 2Q 2015: GROWTH IN RENTAL INCOME AND INCREASED PROPERTY VALUES
The major development projects are virtually complete, and a number of new tenants moved into their premises during the second quarter of 2015. Overall rental income rose from NOK 187.8 million in the same period of last year to NOK 219.7 million, an increase of 27.1 per cent when the sale of Finnestadveien 44 and Maridalsveien 323 is taken into account. Operating profit before fair-value adjustments came to NOK 172.8 million. Profit before tax and fair-value adjustments was NOK 50.9 million. Positive fair-value adjustments for investment properties totalled NOK 81.3 million, while