Brief: Akelius Residential Property Q1 Rental Income At EUR 125 Million

Akelius Residential Property AB (publ)

03/05/2021 06:33

May 3 (Reuters) - Akelius Residential Property AB (publ)
 AKELd.ST :
    * INTERIM REPORT 2021, JANUARY TO MARCH
    * Q1 RENTAL INCOME WAS EUR 125 MILLION AND NET OPERATING
INCOME
WAS EUR 67 MILLION
    * LIKE-FOR-LIKE RENTAL INCOME WAS STABLE DESPITE NEGATIVE
EFFECTS
OF COVID-19
    * AT END OF MARCH, MARKET VALUE OF PROPERTY PORTFOLIO WAS
EUR
12,521 MILLION
    * GERMANY'S HIGHEST COURT RULED BERLIN RENT CAP UNLAWFUL; CO
HAD
ASSUMED EUR 23 MILLION IN LOWER RENTAL INCOME FOR 2021, WHICH
WILL NOT OCCUR

Source text for Eikon:  ID:nWkr30YCxf 
Further company coverage:  AKELd.ST 

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