Jan 31, 2025 / 09:15AM GMT
Annica Anas - Atrium Ljungberg AB - Chief Executive Officer
Welcome to this call where I and my new CFO, Anna Jepson, will present Atrium Ljungberg's Q4 report. The headline for this report is higher rate of investment in the project portfolio promotes long-term growth.
I would like to begin by summarizing the main content of this report. Our property portfolio looks similar to last quarter with 80% of the value in Stockholm. The largest segment, Offices, accounts for 67% of the total value and only 19% for Retail.
Our net letting amounted to a negative SEK8 million in the fourth quarter. And in addition to that, we have terminated contracts from our side of SEK1 million due to upcoming projects. For the full year, we delivered a net letting of SEK135 million. And termination for upcoming projects, if we include that, the figure amounts to SEK109 million, a very strong figure in a challenging market.
Our profit from property management increased by 4% during the year, and the operating surplus in the like-for-like portfolio also increased by 4%.
We have ongoing
Q4 2024 Atrium Ljungberg AB Earnings Call Transcript
Jan 31, 2025
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