Neobo Q2: Rental Income Steady as Property Sales and Rising Costs Weigh on Profit
Neobo reported second-quarter rental income of SEK 236 million, unchanged year-on-year, while net operating income and profit from property management fell. The company cited the loss of revenue from sold assets and higher costs in the like-for-like portfolio as the main drivers. Like-for-like rental income rose 3.8%; management sold two properties…