Gains are reduced in Victoria Park



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The real estate company Victoria Park reported a turnover of 295 million Swedish kronor for the second quarter of 2018 (261).

Net operating income amounted to SEK 165 million (150). Quarterly management revenue amounted to SEK 83 million (90). After taxes, the result was SEK 445 million (745) or SEK 1:81 per share (3:06).

The net asset value was SEK 32:12 per share at the end of the year (25:76).

Vonovia and Starwood are new main owner of the company after the respective cash offer. As of June 29, Vonovia held about 59% (including purchase options) and Starwood about 32% of the total votes in Victoria Park.

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