Neobo Q3 Property Management Profit per Share Rises 22%
Neobo said residential vacancy fell to 4.4% and total vacancy to 6.1%. It completed SEK 480 million in divestments and plans up to SEK 100 million in further buybacks, following its ongoing SEK 50 million program.
Neobo Fastigheter AB (publ) reported that Q3 profit from property management per share increased 22% YoY. Residential vacancy fell to 4.4%, while total vacancy declined to 6.1%. The company completed divestments totaling SEK 480M. It plans additional share buybacks of up to SEK 100M after the current SEK 50M program.