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Interim Report 1 January 2017 - 30 June 2017

REPORT SUMMARY

Financial summary for the period 1 January 2017 - 30 June 2017.

  • Rental Income for the period amounts to 40 726 kSEK (40 266 kSEK).
  • Operational profit for the period amounts to 29 709 kSEK (29 415 kSEK), equal to 6,46 SEK (6,39 SEK) per share.
  • The properties unrealised change in market value for the period amounts to 0 kSEK (0 kSEK). Change in market value on derivatives for the period amounts to 2 731 kSEK (-14 366 kSEK), relating to the change in value on the existing SWAP agreement which aims to secure a fixed interest cost during the lifetime of the loan.
  • Net Income for the period amounts to 25 293 kSEK (11 741 kSEK), equal to 5,50 SEK (2,55 SEK) per share.

Important events during the period

· No important events have occurred during the period.

For more detailed information please find attached the interim report.

Stockholm 2017-08-30

For additional information, please contact:
Daniel Torberger, CFO
+ 46 70-378 50 07
daniel.torberger@hestia.se

Stefan Björkqvist, CEO  
+46 70-415 84 18  
stefan.bjorkqvist@hestia.se

Or visit the company's website: www.saltangenpropertyinvest.se 

Saltängen Property Invest AB (publ) is a Swedish property company that indirectly owns and manages the property Saltängen 1 in Västerås. The property is a warehouse and office building, that was built in 1975 and subsequently developed in two phases in 1990 and 2003, and has a total lettable area of approximately 104,726 square meters. The property is fully let to ICA Fastighets Sverige AB until 30 September 2023. Saltängen Property Invest is listed on the Nasdaq Stockholm First North with Wildeco as Certified Adviser.

This information is information that Saltängen Property Invest AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 08:30 CET on 30 August 2017.

2017-08-30
Regulatory

REPORT SUMMARY

Financial summary for the period 1 January 2017 - 30 June 2017.

  • Rental Income for the period amounts to 40 726 kSEK (40 266 kSEK).
  • Operational profit for the period amounts to 29 709 kSEK (29 415 kSEK), equal to 6,46 SEK (6,39 SEK) per share.
  • The properties unrealised change in market value for the period amounts to 0 kSEK (0 kSEK). Change in market value on derivatives for the period amounts to 2 731 kSEK (-14 366 kSEK), relating to the change in value on the existing SWAP agreement which aims to secure a fixed interest cost during the lifetime of the loan.
  • Net Income for the period amounts to 25 293 kSEK (11 741 kSEK), equal to 5,50 SEK (2,55 SEK) per share.
2017-04-05
Regulatorisk

Aktieägarna i Saltängen Property Invest AB (publ) höll årsstämma den 5 april 2017 i Stockholm

2017-03-02
Regulatorisk

Aktieägarna i Saltängen Property Invest AB (publ) kallas härmed till årsstämma den 5 april 2017 klockan 15.00 i Hestia Fastighetsförvaltnings lokaler på Tegnérgatan 8, 2 tr i Stockholm.

2017-02-28
Regulatory

REPORT SUMMARY

Financial summary for the period 1 July 2016 - 31 December 2016.

  • Rental Income for the period amounts to 40 299 kSEK.
  • Operational profit for the period amounts to 28 163 kSEK, equal to 6,13 SEK per share.
  • The properties unrealised change in market value for the period amounts to 11 000 kSEK. Change in market value on derivatives for the period amounts to 4 200 kSEK, relating to the change in value on the existing SWAP agreement which aims to secure a fixed interest cost during the lifetime of the loan.
  • Net Income for the period amounts to 33 862 kSEK, equal to 7,36 SEK per share.
2016-12-20
Regulatorisk

Saltängen Property Invest AB (publ) har via dotterbolag Saltängen Property Västerås AB tecknat avtal med ICA Fastigheter AB om att förlänga det befintliga hyresavtalet med ytterligare ett (1) år, till och med den 30 september 2023. I samband med förlängningen kommer även Saltängen Property Invest AB (publ) att investera ytterligare 33 miljoner i pågående renoveringsprojekt.

2016-08-26
Regulatory

REPORT SUMMARY

Financial summary for the period 1 January 2016 - 30 June 2016.

  • Rental Income for the period amounts to 40 266 kSEK.
  • Profit from Property Management for the period amounts to 29 415 kSEK, equal to 6,39 SEK per share.
  • The properties unrealised change in market value for the period amounts to 0 kSEK. Change in market value on derivatives for the period amounts to -14 366 kSEK, relating to the change in value on the existing SWAP agreement which aims to secure a fixed interest cost during the lifetime of the loan.
  • Net Income for the period amounts to 11 741 kSEK, equal to 2,55 SEK per share.
2016-04-06

Aktieägarna i Saltängen Property Invest AB (publ) höll årsstämma den 6 april 2016 i Stockholm

2016-03-02

Aktieägarna i Saltängen Property Invest AB (publ) kallas härmed till årsstämma den 6 april 2016 klockan 15.00 i Hestia Fastighetsförvaltnings lokaler på Tegnérgatan 8, 2 tr i Stockholm

2016-02-29

REPORT SUMMARY

Financial summary for the period 1 July 2015 - 31 December 2015.

  • Rental Income for the period amounts to 40 266 kSEK.
  • Profit from Property Management for the period amounts to 28 479 kSEK, equal to 6,20 SEK per share.
  • The properties unrealised change in market value for the period amounts to 121 000 kSEK. Change in market value on derivatives for the period amounts to -4 618 kSEK.
  • Net Income for the period amounts to 112 863 kSEK, equal to 24,54 SEK per share.
2015-08-28

REPORT SUMMARY

Financial summary for the period (1 January 2015 - 30 June 2015). The Company was registered at the 26 of August 2014 and was dormant up until the acquisition of th the property at the 19 of December 2014. Therefore no comparative figures are available for the corresponding period last year.

· Rental Income for the period amounts to 40 253 tSEK.

· Profit from Property Management for the period amounts to 28 955 tSEK, equal to 6,29 SEK per share.

· The properties unrealized change in market value for the period amounts to 0 tSEK. Change in market value on derivatives for the period amounts to -382 tSEK.

· Net Income for the period amounts to 22 306 tSEK, equal to 4,85 SEK per share.

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