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Prisma Properties reported a rise in rental income for the fourth quarter, driven by stronger leasing performance across its portfolio. Net operating income also grew, supported by stable occupancy and effective cost control. Earnings from property management remained positive, and overall property values showed a modest increase. Net profit for the quarter reflected solid underlying results, although the board has opted not to recommend a dividend for the coming year. The company's performance marks a continuation of operational resilience amid mixed market conditions in the broader real estate sector.
Prisma Properties AB said its rental income for the fourth quarter reached SEK 138 million, up from the previous quarter, reflecting steady tenant demand and improved lease activity. The company reported net operating income of SEK 118 million for the period, indicating controlled property expenses and consistent revenue flows. Advertisement
Earnings from property management amounted to SEK 67 million during the quarter, showing that core operations remained profitable. Prisma also noted that the value of its property portfolio increased by 1.1% in the quarter, which it attributed to positive valuation adjustments in several assets.
Net profit for the fourth quarter was SEK 119 million, equivalent to SEK 0.72 per share. The board of Prisma Properties said it does not plan to propose a dividend for 2025, choosing instead to retain earnings to support future business priorities.
The results were released earlier this week, underscoring continued focus on rental growth and operational efficiency even as broader real estate markets face varying demand trends.
Source Reuters
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