Oct 25, 2024 / 06:45AM GMT
Operator
Hi everyone. Welcome to this call for the third quarter results. With me, I have excellent CEO and CFO and we will take you through some slides briefly and then open up for questions.
Erik Selin - Fastighets AB Balder - CEO
Thank you. Looking at Bell Atl, we had as of Q3, a property value of 215 billion occupancy rate 96%. We had the debt asset of 49.6. NAV stands at 85.6 per share and the portfolio is nordic exposure with a 65% residential and 45% commercial. Looking specifically at Q3 numbers, the rental income is up 7% compared to last year and the no, I also up 7% profit from property management decreased marginally to 1.36 per share. And the reason is higher financing cost compared to the same period last year, profit from property management in earnings capacity is up 4% and now at 5.'16 and we had rental growth like for like 3.6%. The next slide here shows the earnings capacity. This is a figure we show every quarter and it's just the numbers exactly for that date. So it's not the forecast. It's how it looks on those specifics, quarter end. And here you
Q3 2024 Fastighets AB Balder Earnings Call Transcript
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