Diös Fastigheter Interim report Jan-June 2018
Our property management income continues to improve on the back of increased rental income and efficient property management. Economic occupancy for the period was 91 per cent and the loan-to-value ratio improved to 55.8 per cent. Property value exceeds SEK 20 billion.
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Rental income increase was 7 per cent and totals SEK 887 million (832)
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Property management income increase was 4.5 per cent and totals SEK 421 million (403)
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Unrealized changes in property values amounted to SEK 227 million (302) and for derivatives to SEK 12 million (14)
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Profit after tax was SEK 587 million (581)
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Earnings per share were SEK 4.34 (4.46)
- We are convinced that location is key. For us as a property owner with a strong presence in the city centre, the challenge is to create new environments for consumption that can be remodelled ever more frequently. Coupled with our strong cash flow and unique position, our centrally located properties put us in an ideal situation to create attractive premises for continued growth, says Knut Rost, CEO.
For further information, please contact:
Knut Rost, CEO Diös Fastigheter
Phone: +46 (0)10-470 95 01
E-mail: knut.rost@dios.se
Rolf Larsson, CFO Diös Fastigheter
Phone: +46 (0)10- 470 95 03
E-mail: rolf.larsson@dios.se
This information is information that Diös Fastigheter AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication, through the agency of the contact person set out above, at 07:00 CEST on 6 July 2018.
Diös Fastigheter owns and develops both commercial and residential properties in prioritized growth cities. With a market value of approx. SEK 20.1 billion, a portfolio of 338 properties and a lettable area of 1,537,000 sq.m, our vision is to be the most active and sought-after landlord in our market. The market extends from Borlänge to Luleå, and the company’s head office is in Östersund. Since it started in 2005, the company has had continuous growth in the value of its property portfolio and its shares are listed on NASDAQ OMX Stockholm, Mid Cap. Findout more about Diös at www.dios.se
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