Q3 2023

HIGHLIGHTS OF THE REPORT FOR Q3 2023¹:

• The Group posted another good operating result in Q3, with profit before tax, fair value adjustments and currency result amounting to NOK 541 (518) million
• Following the downward fair value adjustments of the Group’s property portfolio by NOK 1,308 (-532) million, profit before tax was NOK -763 (48) million
• The Group’s rental income in Q3 amounted to NOK 922 (787) million
• The Group’s financial position is solid, and the Group’s equity ratio at the end of Q3 was 51% (52%), while its liquidity reserves were NOK 5,232 (5,438) million
• Retail sales in the shopping centre portfolio in Q3 were NOK 14,872 million, up 7.2% on Q3 2022

¹The figures in brackets are for the corresponding period/date last year.

Click here to read the Q3 2023 report (pdf)