Interim report January-June 2020
The real estate activities are delivering strong results, making evident the advantages of a growing portfolio. Profit from property management increases by a full 83 per cent in comparison to rental income, which increases by 48 per cent. During the second quarter, the unrealised value changes are positive in properties as well as in other investments. During the first quarter, the coronavirus pandemic affected the values negatively.January‒June 2020 · Rental income increased by 48 per cent to EUR 8,942k (6,046). The increase is primarily attributable to a larger property portfolio,