Operational and financial performance

Locum AB’s mission is to manage Stockholm County Council Real Estate (LFS) so that the owner’s required rate of return is satisfied.

Profit and return on equity
The long-term rate of return required on LFS’s equity has been set at 7 per cent by the owner. This return requirement relates to the profit excluding capital gains from the sale of property. LFS’s profit for 2011, exclusive of property sales, was SEK 378 (377) million, which corresponds to a return on equity of 10,2 per cent (10,6). Gains from property sales totalled SEK 266 (9) million. In total, LFS’s profits totalled SEK 644 (386) million.

Occupancy rate
The target for the occupancy rate for the strategic properties is 95 per cent over time. This target has been set after taking into consideration the need for adaptation to suit tenants and flexibility in the utilisation of the premises. The outcome for 2011 was 94 (92) per cent. The occupancy rate for University Hospital and Emergency Care Hospital property areas was 98 (98) per cent. The Community Healthcare property area had the lowest occupancy rate of 78 (78) per cent. The highest occupancy rate of 98 per cent is reported for university hospitals. The highest vacancy rate is found, for example, in Sabbatsberg’s and Bromma Hospitals.

Contract durations
The contract durations are as a rule three years or longer. Our ambition is to achieve a balanced spread of leases over time. At the end of 2010 the property rental income was distributed between around 1,800 leases, the majority of which had been renegotiated during the last five years.

Rental income
The average rent based on the total TFA for 2011 was SEK 1,693 (1,691) per square metre. Variation in the portfolio, from purely logistical space to advanced surgical facilities, laboratories and newly completed premises, entails of course a natural variation in the rent levels.

Skriv ut

Senast ändrad: 2011-06-30
Kontaktperson:

E-postadressen har dolts för att skydda mottagaren mot spam

Kontakt In English Lyssna Anpassa Översikt Avancerad sök
Om Locum \| Fastigheter och projekt \| Hagastaden \| Tjänster \| Miljö \| Upphandlingar \| Arbeta här \| Ekonomi \| Pressrum
Till startsidan In English Vision and business concept This is Locum Corporate governance Property management Balanced scorecard Sustainabile property management Concept programmes for new buildings Projects and events Operational and financial performance Outside world and market	Operational and financial performance Locum AB’s mission is to manage Stockholm County Council Real Estate (LFS) so that the owner’s required rate of return is satisfied. Profit and return on equity The long-term rate of return required on LFS’s equity has been set at 7 per cent by the owner. This return requirement relates to the profit excluding capital gains from the sale of property. LFS’s profit for 2011, exclusive of property sales, was SEK 378 (377) million, which corresponds to a return on equity of 10,2 per cent (10,6). Gains from property sales totalled SEK 266 (9) million. In total, LFS’s profits totalled SEK 644 (386) million. Occupancy rate The target for the occupancy rate for the strategic properties is 95 per cent over time. This target has been set after taking into consideration the need for adaptation to suit tenants and flexibility in the utilisation of the premises. The outcome for 2011 was 94 (92) per cent. The occupancy rate for University Hospital and Emergency Care Hospital property areas was 98 (98) per cent. The Community Healthcare property area had the lowest occupancy rate of 78 (78) per cent. The highest occupancy rate of 98 per cent is reported for university hospitals. The highest vacancy rate is found, for example, in Sabbatsberg’s and Bromma Hospitals. Contract durations The contract durations are as a rule three years or longer. Our ambition is to achieve a balanced spread of leases over time. At the end of 2010 the property rental income was distributed between around 1,800 leases, the majority of which had been renegotiated during the last five years. Rental income The average rent based on the total TFA for 2011 was SEK 1,693 (1,691) per square metre. Variation in the portfolio, from purely logistical space to advanced surgical facilities, laboratories and newly completed premises, entails of course a natural variation in the rent levels. Skriv ut Senast ändrad: 2011-06-30 Kontaktperson: