Friday, August 14, 2015

Property Sixth wants to build 500 apartments in years – Swedish Dagbladet

housing Construction of apartment buildings. Photo: Tomas Oneborg

As of June 30 had D Carnegie completed 126 apartments in the year. Another 83 apartments were completed but had not undergone final inspection and were classified thus not as completed.

The CEO further said that refurbishment rate in the beginning of the year has been weak since the company had difficulty grow the business operations, but it is now beginning to take hold.

More involved construction companies, more suppliers and a stronger management and staff behind the development, said Ulf Nilsson.

The real estate reports a profit after tax of SEK 166 million for the second quarter of 2015 (55.4). Earnings per share after dilution amounted to SEK 1.85 (1:24).

Rental income amounted to SEK 295 million (65.7). Management profit was 44.8 million SEK (15.3) and net operating income of SEK 136 million (30.1).

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