Heimstaden AB: Interim report January-September 2020
Highlights · Rental income for the period was up 45 percent compared to 2019, primarily driven by acquisitions. · Like-for-like rental income growth was 4 percent. · The net operating income margin increased to 59 percent (57), mainly due to lower repair and maintenance costs. · Continued strong performance and resilient markets have resulted in limitedimpact from Covid-19. · Acquisitions amounted to SEK 20,217 million and change in fair value ofinvestment- and development properties amounted to SEK 6,045 million (4,900). · As of September 30, 2020, the fair value of