Positive net lettings and lower average interest rate
Summary the year January –
· Income increased by 44 percent and amounted to
· Net operating income increased by 48 percent to
· Profit from property management increased by 47 percent to
· Profit before tax amounted to
· Earnings per share amounted to
· Net asset value per share decreased to
· In January,
· During the third quarter, a fully guaranteed rights issue of a total of
· In August,
Summary the quarter October –
· Income increased by 16 percent and amounted to
· Net operating income increased by 10 percent to
· Profit from property management increased by 19 percent to
· Profit before tax amounted to
· Earnings per share amounted to
· In October,
· In October, it was announced that an international logistics company had signed a lease agreement for leasing in the property Grundstenen 7 in Trollhättan.
· In December,
· In December, the company announced that it had entered into an agreement to acquire two properties in Karlstad and Nybro at a property value of
The Board of Directors has decided to propose to the upcoming Annual General Meeting in
Significant events after the balance sheet date
· At the Extraordinary General Meeting on
We sum up 2023 with an increase in revenue of 44 percent and an increase in profit from property management of 47 percent. For the like-for-like portfolio, the net operating income increased by more than 11 percent and profit from property management per share increased by more than 10 percent, despite the fact that 33 percent more shares were issued in the rights issue in September. Through buybacks in our own bond and work on our derivatives portfolio, we have lowered our average interest rate to 4.7 percent, compared with 4.8 percent at the beginning of the year and 5.2 percent at the end of the previous quarter. The loan-to-value ratio is stable at just over 45 percent, which creates room for continued expansion in 2024," says CFOPhilip Löfgren .
At 10:00 today, Friday 16 February, there is a possibility to watch a presentation of the year-end report. The report will be presented by Logistea’s CEO
If you wish to participate via teleconference, please register via the link here. After registration, you will receive phone numbers and a conference ID to access the conference. It will be possible to ask questions verbally via the teleconference.
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