Brief: Akelius April-June EBITDA Down At EUR 55 Million

Akelius Residential Property AB (publ)

03/08/2020 06:35

Aug 3 (Reuters) - Akelius Residential Property AB (publ)  AKELd.ST :
    * APRIL-JUNE RENTAL INCOME EUR 119 MILLION VERSUS EUR 124 MILLION YEAR AGO
    * APRIL-JUNE EBITDA EUR 55 MILLION VERSUS EUR 59 MILLION YEAR AGO
    * AT END OF JUNE, MARKET VALUE OF PROPERTY PORTFOLIO WAS EUR 11,986 MILLION
    * LOAN-TO-VALUE RATIO DECREASED BY 3 PERCENTAGE POINTS SINCE LAST YEAR TO 37 PERCENT
    * LIKE-FOR-LIKE VACANCY DECREASED BY 2.1 PERCENTAGE POINTS DURING LAST YEAR
    * HAS TAKEN A CONSERVATIVE APPROACH ON NEW INVESTMENTS IN ORDER TO MAINTAIN A SOLID
FINANCIAL
SITUATION

Source text for Eikon:  ID:nWkr3jxZ8P 
Further company coverage:  AKELd.ST 

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