Aurora Eiendom AS – Q4 2024 report

14 Feb 2025 07:30 CET

Please find enclosed the report for Q4 2024 from Aurora Eiendom AS.

• Rental income in Q4 was NOK 148 million (NOK 146 million), which corresponds
to a like-for-like growth of 2 %.
• Full year rental income totaled NOK 587 million (NOK 575 million), an increase
of 2 %, which can mostly be attributed to CPI growth.
• Net income from property management was NOK 121 million in the quarter (NOK
120 million).
• For the year 2024 net income from property management was NOK 477 million, the
same level as in 2023 (NOK 477 million).
• In Q4, new leases were started on a total area of 7 206 sqm, while leases for
4 786 sqm expired. This led to an occupancy of 97,6 % at year-end.
• The quarter´s gross tenant turnover in our fully owned centers was NOK 2 771
million, which is a like-for-like growth of 1,0 % compared to Q4 2023.
• In 2024, like-for-like growth in gross tenant turnover was 1,4 % compared to
2023.
• During the year 2024 Alti Forvaltning increased its shopping center portfolio
by 9 centers, managing a total of 54 centers in across Norway by year-end.

More information:
Access the news on Oslo Bors NewsWeb site

638740_Aurora Eiendom Q4-2024.pdf