Rikshem Interim Report Jan–Mar 2024: Higher Income from Property Management
During the first quarter of the year, Rikshem increased rental income by more than eight percent to SEK 908 million. The net operating income totaled SEK 472 (420) million. Property expenses increased at a lower rate than revenues, mainly due to falling electricity prices. Property investments in the period totaled SEK 263 (476) million.“We delivered a strong first quarter, with income from property management increasing by just over five percent. The annual rent negotiations for housing have ended up with increases of around five percent and the CPI increase that is the basis for the