CEO Helge Krogsbøl comments:
“Our Q2 results demonstrate our operational key priority to deliver durable NOI growth through maintaining high occupancy levels, inflation-linked rent increases, and disciplined cost control throughout the business. We mitigate financial risk by prioritising a robust liquidity position, and with our continued access to bank financing, we exert effective control over upcoming maturities in the coming years.
After conducting the review of the financial policy as communicated in our Q1 report, which showed that the policy thresholds were not compliant with current market conditions, the Board has decided to realign the financial policy thresholds to mirror S&P’s recently revised ‘BBB’ rating thresholds. This underscores our Board’s dedication to defend the rating through necessary actions.”