Earnings Release • Aug 15, 2025
Earnings Release
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Aurora Eiendom AS – Q2 2025 report
Please find enclosed the report for Q2 2025 from Aurora Eiendom AS.
• Rental income in Q2 was NOK 151 million (NOK 147 million), year-to-date rental income was NOK 301 million (NOK 297 million).
• Net income from property management was NOK 123 million in the quarter (NOK 120 million),year-to-date NOK 246 million (NOK 247 million).
• Pre-tax profit, including fair value adjustments of investment properties and interest rate derivatives, was NOK 16 million (NOK 20 million). Fair-value adjustments on investment properties amounted to NOK -1 million and on financial derivatives NOK -48 million.
• Year-to-date pre-tax profit was NOK 37 million (NOK 102 million).
• In Q2, new leases were started on a total area of 1 142 sqm, while leases for 1 213 sqm expired. Occupancy was 97,4 %.
• The quarter´s gross tenant turnover in our fully owned centers was NOK 2 244 million, which is a like-for-like growth of 2,4 % compared to Q2 2024.
• During Q2 2025 Alti Forvaltning increased its shopping center portfolio by 1 center, currently managing a total of 61 centers in across Norway.
• On June 27, Euronext Oslo Børs accepted the application to delist the shares of Aurora Eiendom AS from Euronext Growth Oslo. The last day of trading will be 25 August 2025.
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