Apr 24, 2025 / 07:00AM GMT
Operator
Welcome to Neobo Q1 report 2025.
(Operator Instructions)
Now I will hand the conference over to CEO Ylva Sarby Westman. Please go ahead.
Ylva Westman - Neobo Fastigheter AB(publ)-Chief Executive Officer
Thank you very much. Good morning, everyone, and welcome to the presentation of Neobo's interim report, January to March 2025.
My name is Ylva Sarby Westman, and I'm joined here today by our CFO Maria Strandberg.
Despite the turbulent global environment, we have remained focused on our core business, creating attractive and sustainable living environments where people can thrive and feel secure. And we have had a strong start to the year, and the operations continue to perform well.
Rental income in the like-for-like portfolio increased by 4.3%, driven by rent adjustments and lower vacancies. We continue to create value through active asset management, resulting in a 19% increase in net operating income in the like portfolio.
Profit from property management more than
Q1 2025 Neobo Fastigheter AB (publ) Earnings Call Transcript
Apr 24, 2025
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