Interim report January – March 2019

JANUARY – MARCH 2019

  • Income, MSEK 322 (247)
  • Profit after tax, MSEK 160 (259)
  • Profit after tax per share, 0.96 SEK (1.54)

SIGNIFICANT EVENTS DURING AND AFTER THE QUARTER

  • Possession was taken of three properties for a total property value of MSEK 88 in the first quarter.
  • A warehouse portfolio was acquired after the end of the quarter for a value of MSEK 176 and retail properties for a value of MSEK 470.

COMMENTS FROM THE CEO

The level of activity in our acquisition operations is high and we are now starting to see the fruits of this. We carried out acquisitions at an underlying property value of about MSEK 646 after the close of quarter. These represent properties with solid earnings in prime locations that complement our existing portfolio. We are continuing to examine attractive transaction opportunities in various sectors at a rapid pace and we believe there is good potential to complete several acquisitions in the current quarter.

Jens Engwall, CEO