Rental income amounted to EUR 30.4 million (29.6), an increase of 2.7 percent compared to the previous year.

“Low price consumption is still important to the consumer, although there are indicators that customers are less price sensitive now than before. This shows, among other things, that the number of stores that the average Swede regularly visits decreases, that is, a customer falls back into old patterns and does not take that extra turn to other stores to find the absolute best price,” writes the company's CEO Christian Fredrixon.

Net operating income amounted to EUR 30.5 million (28.1), an increase of 8.5 percent compared to the previous year.

“In the Nordics, the transaction market for commercial real estate is currently characterized by very low historical volume, and for active investors this creates business opportunities, and I foresee that transaction volumes will gradually increase.”

The management result amounted to EUR 10.3 million (11.5), a decrease of 10.4 percent compared to the previous year.

Realized value changes in properties amounted to EUR 0.2 million (0.0). Unrealized value changes in properties amounted to -8.3 million euros (-8.3). Unrealized value changes in derivatives amounted to EUR -0.3 million (2.5).

The profit before tax was EUR 1.8 million (5.8).

The profit after tax was EUR 2.2 million (4.0), a decrease of 45.0 percent compared to the previous year.

Earnings per share amounted to EUR 0.03 (0.06), which means a decrease of 50.0 percent compared to the previous year.

Net asset value, EPRA NRV, per share was EUR 11.8 (13.0).

“We feel a tailwind and support from our tenants and financiers. The employees and I look forward to the continuation of 2024 where we will continue to create stable and increasing cash flow earnings per share,” concludes the CEO.