Akademiska Hus Annual Report

Average rentable floor space, regional breakdownVacant space, regional breakdownNorthern region,408,082 m 2 , 13%Southern region,504,720 m 2 , 16%Northern region,8,172 m 2 , 8%Southern region,22,630 m 2 , 23%Western region,493,540 m 2 , 15%Eastern region,330,073 m 2 , 10%Stockholm region,29,468 m 2 , 30%Western region,11,098 m 2 , 11%Stockholm region,935,777 m 2 , 29%Uppsala region,549,605 m 2 , 17%Uppsala region,21,002 m 2 , 21%Eastern region,6,785 m 2 , 7%Uppsala RegionSEK m 2007 2006Rental income, net, SEK m 722 723Net operating profit, SEK m 364 446Change in value, properties, SEK m 42 153Operating profit, SEK m 399 592Profit for the year, SEK m 196 311Direct yield, % 5.8 7.3Property facts 2007 2006Average rentable floor space, m 2 549,605 561,532Vacant space, m 2 21,002 33,192Assessed fair value, properties, SEK m 6,334 6,170Regional outcome compared with the previous yearVacant space, % Direct yield, %88664422002007 20062007 2006“Both the region’s universities have worked to improve the efficiency of their use of floor space. This has led to leases being terminated.During the operating year a number of these premises have been adapted and have acquired new customers outsidethe university sector. Extensive investments are planned over the next five-seven years,” says Regional Director Hans Antonsson.Stockholm RegionSEK m 2007 2006Rental income, net, SEK m 1 611 1 582Net operating profit, SEK m 1 117 1 091Change in value, properties, SEK m –11 410Operating profit, SEK m 1 101 1 481Profit for the year, SEK m 495 768Direct yield, % 5.7 5.6Property facts 2007 2006Average rentable floor space, m 2 935,777 948,745Vacant space, m 2 29,468 34,126Assessed fair value, properties, SEK m 19,571 19,671Regional outcome compared with the previous yearVacant space, % Direct yield, %88664422002007 20062007 2006“The region’s net operating profit for 2007 is on a par with 2006 despite the fact that the property holdings have fallen as result of acouple of customers vacating premises. During 2007, the level of investment continued to be high and at the same time the task ofdeveloping new building rights in Stockholm and Solna has been intensified. The region reinforced its NKI during the year to 69,which is an increase of three units and at the same time our NMI increased to 71, which is also an increase of three units comparedwith the previous year,” says Regional Director Lennart Karlsson.Northern RegionSEK m 2007 2006Rental income, net, SEK m 486 461Net operating profit, SEK m 308 275Change in value, properties, SEK m –136 98Operating profit, SEK m 169 372Profit for the year, SEK m 54 205Direct yield, % 7.3 6.8Property facts 2007 2006Average rentable floor space, m 2 408,082 399,311Vacant space, m 2 8,172 9,329Assessed fair value, properties, SEK m 4,264 4,190Regional outcome compared with the previous yearVacant space, % Direct yield, %88664422002007 20062007 2006“The good results are expected to continue due to the solid work being done by the employees with an increase in the NKI, focusedenergy optimisation and more efficient management. By reason of the fall in investment volume and changes in demand at a coupleof locations, structural changes within the region have commenced. The Härnösand Campus will be divested during 2008 and conversionsfor new customers will take place in Luleå and Sundsvall in 2008–2009,” says Regional Director Mattias Lindberg.Akademiska Hus Annual Report 2007 | Regions 49