Increased net operating income and income from property management for the first half of the year

In the first half of 2025, Rikshem increased rental income by 0.5 percent to SEK 1,833 (1,823) million. The net operating income totaled SEK 1,023 (1,017) million, and the income from property management grew to SEK 613 (607) million. Property investments in the period totaled SEK 621 (516) million.

"The world around us is more unpredictable than we have seen in many years and the long-awaited economic recovery has once again been pushed forward in the forecasts presented. It is therefore a strength that we continue to deliver and increase both net operating income and income from property management, despite divestments and a negative vacancy trend. The main factors behind the improvement are the rent adjustments and lower tariff-related costs in the mild first half of the year," says Anette Frumerie, CEO of Rikshem.

• Rental income was SEK 1,833 (1,823) million. Rental income for the like-for-like portfolio rose SEK 52 million, or 3.3 percent.
• Net operating income totaled SEK 1,023 (1,017) million, an increase of 1.0 percent. Net operating income for the like-for-like portfolio increased by SEK 30 million or 3.3 percent.
• Income from property management totaled SEK 613 (607) million, an increase of SEK 0.9 percent.
• The change in value of investment properties was SEK -83 (84) million.
• Profit before tax for the period was SEK 208 (371) million.
• The fair value of the properties, including Rikshem's share in joint ventures, was SEK 57,980 (58,827) million.
• The total return, including joint ventures (R12M), was 4.2 (4.4) percent.

Read the interim report at rikshem.se or in the attached PDF file. 

For further information, please contact:

Anders Lilja, CFO, +46 10-70 99 308, anders.lilja@rikshem.se

Rikshem is one of Sweden's largest private property companies. We own, develop and manage residential properties and properties for public use in selected municipalities in Sweden, where we offer safe, pleasant and flexible housing in attractive locations. Rikshem aims to be a long-term partner for municipalities and is owned by the Fourth Swedish National Pension Fund and AMF Tjänstepension AB. Read more at rikshem.se.

www.rikshem.se

https://news.cision.com/rikshem/r/increased-net-operating-income-and-income-from-property-management-for-the-first-half-of-the-year%2Cc4205751

Rikshem AB (publ) Six-month report January-June 2025