Higher profit for Fabege
Profit after tax for the first nine months of the year amounted to SEK 2,054m (828), corresponding to SEK 12.42 per share (5.01). Rental income declined to SEK 1,493m (1,565) due to a smaller property portfolio than in the year-earlier period. In an identical portfolio, income rose approximately 4 per cent. Investments, rising market rents and lower yield requirements in the market contributed to a high surplus ratio and strong value growth in the property portfolio.Fabege’s property management portfolio contributed to the earnings for the period through strong cash flow and value growth.