Press release,
January -
- Rental income increased by 18% to
SEK 421 million (357) and net operating income increased by 25% toSEK 334 million (268). -
Income from property management increased by 3% to
SEK 164 million (159). -
Net letting during the period amounted to a total of approximately
SEK 8.3 million and new lease agreements with an annual rental value of approximatelySEK 64 million were signed (includes both renegotiated leases and leases with new tenants). - Lease agreements that were renegotiated during the period led to an increase in rental values of 21% on a weighted average basis.
-
Cash flow from operating activities amounted to
SEK 125 million (107), corresponding toSEK 4.41 per share (3.78). -
Realized and unrealized changes in value of the property portfolio for the period amounted to
SEK -157 million (208). -
Profit for the period amounted to
SEK -1 million (433), corresponding toSEK -1.11 per share (14.30) before dilution and -1.11 per share (14.26) after dilution.
Significant events during the second quarter
- In
May 2023 , Stendörren signed a 5.5-year lease agreement with SödertäljeIndustriservice AB regarding 11,300 sqm of newly completed logistics premises in Almnäs, Södertälje. -
During the second quarter, Stendörren signed new leases at a total annual rent of
SEK 4.5 million in the property Vitgröet 12 in Spånga,Stockholm .
Significant events after the period
- No significant events after the quarter.
"We are proud to continue to deliver an increasing occupancy rate, which as of
We have also had strong progress in our project development activities, where we have completed five projects, totalling approximately 30,000 square meters, corresponding to an annual rent of approximately
We have continued to strengthen our financial flexibility. In addition to the tender offer for part of a hybrid bond of
Erik Ranje, CEO
For more information, please contact: Erik Ranje, CEO, +46 (0)70-308 52 09, erik.ranje@stendorren.se or Per-
This information is information that Stendörren is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Security Markets Act. The information was submitted for publication, through the agency of the contact persons set out above, at 2023-07-20
Stendörren
Stendörren
For more information about Stendörren
https://news.cision.com/stendorren-fastigheter-ab/r/interim-financial-report-jan-jun-2023-stendorren-fastigheter-ab--publ-,c3807163
https://mb.cision.com/Main/13243/3807163/2196222.pdf
https://mb.cision.com/Public/13243/3807163/9f0e6ce25b029d53.pdf
https://news.cision.com/stendorren-fastigheter-ab/i/cision-q2-2023-eng,c3200932
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