Heimstaden AB: Interim report January-June 2020
Highlights · Rental income for the period was SEK 3,327 million, up 53% compared to the first half of 2019 · Surplus ratio increased to 59 percent (55), driven by higher margins in the Dutch and Czech portfolios as well as lower costs in the existing portfolio · Limited operational and financial impact from Covid-19. Negative impact on rental income of approximately SEK 8 million in the quarter · More than 99 percent of rent collected in the period · Like-for-like rental income growth of 4 percent · Acquisitions in the period amounted to SEK 18,805 million ·