STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
Platzer Fastigheter Holding AB: (STO:PLAZ)
2015-07-07 Press release Platzer Interim Report January 1- June 30 2015 (http://mbpublicbinaryproxy/Public/8443/9801957/93b53c8112fbe64a.pdf) 2015-07-07 Press release Platzer Interim Report January 1- June 30 2015 ( http://mbpublicbinaryproxy/Public/8443/9801957/93b53c8112fbe64a.pdf )
· Rental income increased to SEK 283 million (261)
· Income from property management operations improved by 20% to SEK 126 million
· Profit for the period amounted to SEK 242 million (85)
· The property value increased to SEK 9,192 million (8,343)
· Shareholders’ equity per share was SEK 32.76 (30.98)
· Earnings per share amounted to SEK 2.53 (0.88)
· Agreed acquisitions for SEK 761 million and sales of SEK 388 million
· Significant increase in major projects underway and possible development projects
Platzer's CEO, P-G Persson, comments:
"Platzer's property value has grown by 28% as at 30 June 2015 compared to the same date last year. The growth has been through the net acquisition of properties as well as property and project development. The proportion of projects underway and possible development rights continues to rise. One conscious strategy is for the development project to stand for an increasing proportion of our future growth. Our major ongoing projects are proceeding according to plan and they will have a positive cash effect from the end of 2015 and forwards.
"Our ambition is to take a very active role in the urban development around our properties along with the municipalities and other players and, in this way, create the conditions for developing the individual properties. One example is northern Högsbo, where Platzer as the largest property owner is taking the initiative in the transformation of the area into a mixed urban area. In both Gårda and Gamlestaden, we have several possible projects that, taken together, interact to give a continued development in both of these areas. It will be an interesting autumn - we are looking forward to being involved in and contributing to the development of Gothenburg.
Platzer Fastigheter Holding AB (publ)
The information is of such a nature that Platzer must publish it in accordance with the Securities Market Act and/or Financial Instruments Trading Act. The information was submitted for publication on Tuesday 7 July at 10:00 am.
Platzer Fastigheter Holding AB (publ) owns and manages commercial properties in the Gothenburg area with a total leasable area of approximately 460,000 square meters with a value of approximately SEK 9,2 billion. Platzers shares are listed on Nasdaq OMX Stockholm, Mid Cap.
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