Interim report, January-March 2020
A quarter with two distinct halvesThe year began with new record levels for rents, property prices and yield requirements. However, during the second half of the quarter, a black swan in the form of Covid-19 flew in and darkened the world. Despite this, Fabege can report a strong first quarter. · Rental income decreased to SEK 711m (718). The decrease was due to property divestments. In an identical portfolio, rental income increased by approximately 6 per cent (19). · Net operating income increased to SEK 520m (509). In an identical portfolio, net operating income increased by