Akademiska Hus Annual Report

At the Ingvar Kamprad Design Centre in Lund, Lund University of Technology trains the industrial designers of the future.During 2007, 8.4 per cent of the contract portfolio was renegotiated,equivalent to SEK 340 million in rental value. During 2008, 11 percent of the leases can be renegotiated.In conjunction with negotiations the renewal structure is takeninto account with the aim of achieving an even spread over time tominimise the time risk. Over the next two years there is a goodspread in the lease renewal structure.Rental income, including the rent supplement for 2007, wasSEK 4,778 million (4,708). Renegotiations during the year at anumber of locations have resulted in unchanged or slightly reducedrent levels.Rental income was on average SEK 1,439 per square metre(1,399) and has increased over the past five years as a result ofinvestments in the property holdings.Rental incomeRental income per region, SEK/m 2SEK mSEK5,0001,5002,0004,0001,2001,5003,0009001,0002,0006001,00030050002003 2004Rental income, SEK mRental income, SEK/m 220052006200700SouthRent/m 2WestEastRent/m 2 , average, GroupUppsalaStockholmNorthAkademiska Hus Annual Report 2007 | Leases and rental income 27