Improved profit and large transaction in Stockholm
THE REPORT IN SUMMARYThe third quarter (July – September) · Profits from property management improved by 26 per cent and were SEK 274 (217) million, which corresponds to SEK 1.51 (1.81) per share. · The rental revenue increased by 3.2 per cent to SEK 570 (551) million and operating net fell to SEK 409 (404) million. · Kungsleden’s expansion continued by way of strategic acquisitions that totaled SEK 750 million during the third quarter. The property portfolio’s value was SEK 24,346 million at the end of the quarter. · Unrealised changes in value of SEK 202 million which