Akelius Residential Property AB

key figures

growth in-place rent per sqm, like-for-like, percent

Q2 2024
6.1
2023
5.3
2022
6.7
2021
2.1
2020
0.9
2019
5.7
2018
3.6
2017
4.1
2016
4.5
2015
3.8
2014
4.7
2013
5.7
2012
4.9

secured loan-to-value, percent - unavailable from Q4 2021 to Q3 2023

Q2 2024
2
2023
1
Q3 2021
9
2015
36
2018
19
2020
9
2019
14
2017
18
2016
24
2014
47
2013
49
2012
53

liquidity, MEUR

Q2 2024
823
2023
976
2021
6524
2022
2772
2020
1117
2017
755
2019
841
2018
461
2016
721
2015
843
2014
185
2013
179
2012
124

properties, MEUR

Q2 2024
5901
2023
5686
2022
6173
2021
6020
2020
12139
2019
11964
2018
12379
2017
10624
2016
9171
2015
7965
2014
6068
2013
4932
2012
4115

net operating income growth, like-for-like, percent

Q2 2024
18.7
2023
18
2022
18.9
2021
-2.1
2020
8.4
2019
2.9
2018
5.1
2017
10.7
2016
8
2015
4
2014
7.1
2013
6.7
2012
4.1

rental income growth, like-for-like, percent

Q2 2024
7.6
2023
10.8
2022
11.9
2021
1.5
2019
5.7
2020
3.6
2018
3.2
2017
5.1
2016
4.1
2015
4.3
2014
3.4
2013
5.8
2012
4.4

rent potential, percent

Q2 2024
22
2023
21
2022
22
2021
25
2020
24
2019
55
2018
56
2017
55
2016
47
2015
32
2014
30
2013
27
2012
20

loan-to-value, percent - n/a for Q4 2021

Q2 2024
36
2023
42
2022
16
Q3 2021
37
2020
39
2019
40
2018
44
2017
44
2016
43
2015
48
2014
51
2013
56
2012
59

real vacancy, percent

Q2 2024
1.3
2023
1.3
2022
2
2021
2.6
2020
1.7
2019
1.1
2018
1.4
2017
0.9
2016
1.1
2015
1.3
2014
1
2013
0.7
2012
0.7

equity ratio, percent

42
5
47
49
5
54
2023-12-31
2024-06-30
ordinary equity
hybrid bond

adjusted unencumbered asset ratio

1.98
2.32
2.35
3.76
2.51
1.97
2.27
2018
2019
2020
2021
2022
2023
Q2 2024

cash uses and cash sources, MEUR

711
1,015
cash uses
cash sources

debt maturities per year, MEUR

701
490
78
499
504
658
0-1
1-2
2-3
3-4
4-5
>5

debt maturities, years

Q2 2024
3.1
2023
3.1
2022
4
2021
4.5
2020
5.7
2019
5.4
2018
5.7
2017
5.6
2016
5
2015
5.7
2014
4.5
2013
4.6
2012
5

fixed interest term per year, MEUR

-7
616
204
697
557
863
0-1
1-2
2-3
3-4
4-5
>5

fixed interest term, years

Q2 2024
4.1
2023
4.1
2022
5.1
2021
5.4
2020
5
2019
4.5
2018
4.5
2017
5.3
2016
4.5
2015
4.3
2014
4.2
2013
5
2012
5.4

average interest rate, percent

Q2 2024
1.13
2023
1.38
2022
1.2
2021
1.51
2020
1.95
2019
2.25
2018
2.64
2017
2.58
2016
2.62
2015
3.44
2014
3.94
2013
4.75
2012
4.85

interest coverage ratio, 12 months - not available for Q2 and Q3 2023, due to net interest income

Q2 2024
6.2
2023
21.7
Q1 2023
62.5
2022
8.8
2021
63.2
2020
3.3
2019
7.8
2018
2.8
2017
4.7
2016
4.5
2015
3
2014
1.7
2013
1.5
2012
1.3

interest coverage ratio, excluding realized value growth, 12 months - not available for Q2 and Q3 2023 due to net interest income

Q2 2024
6.3
2023
22
Q1 2023
68
2022
9.6
2021
2.8
2020
2.5
2019
2
2018
1.8
2017
1.9
2016
1.9
2015
1.6
2014
1.5
2013
1.2
2012
1.2

for the period January to June 2024

properties

 
apartments19,877
rentable area, thousand sqm1,250
average size, apartments, sqm62
real vacancy, percent1.3
  

fair value, MEUR

 
opening balance5,686
revaluations-21
investments79
purchases67
sales-3
exchange differences93
closing balance5,901
  
euro per sqm4,721
capitalization rate, percent4.78
  

like-for-like

 
rental income growth, percent7,6
net operating income growth, percent18.7
change in vacancy, residential, percentage points-0,7
  

financial

 
loan-to-value, percent36
loan-to-value secured, percent2
debt maturity, years3.1
liquidity, MEUR823
equity and hybrid capital ratio, percent54
equity ratio, percent49
average interest rate, percent1.13
interest coverage ratio, 12 months6,2
interest coverage ratio, excluding realized value growth, 12 months6,3
  

profitability

 
return properties, percent-2.7
whereof income return 1.7
whereof value growth-0.4
whereof transaction cost

0.0

historical key figures in excel