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유 WALLENSTAM Interim Report >>> JANUARY 1 - JUNE 30 , 2021 January 1 - June 30 , 2021 >> The net asset value per share increased by SEK 6.20 during the period and amounted to SEK 104.50 ( 98.30 ) . >>> Income from property management amounted to SEK 609 million ( 549 ) . >> Rental income increased by 9 percent and amounted to SEK 1,136 million ( 1,041 ) . >>> Investment in construction of properties amounted to SEK 1,711 million ( 2,110 ) . On closing day , 2,186 apartments were under construction . >> Changes in value of investment properties amounted to SEK 1,019 million ( 429 ) , of which 389 million ( 429 ) came from value growth in new construction . >> Profit before tax amounted to SEK 1,824 million ( 795 ) and profit after tax amounted to SEK 1,822 million ( 631 ) , equivalent to SEK 5.6 per share ( 2.0 ) . April 1 - June 30 , 2021 Income from property management amounted to SEK 319 million ( 275 ) . >> Rental income increased by 11 percent and amounted to SEK 574 million ( 518 ) . >> Changes in value of investment properties amounted to SEK 708 million ( 175 ) , of which 244 million ( 175 ) came from value growth in new construction . >> Profit after tax amounted to SEK 1,099 million ( 322 ) , equivalent to SEK 3.4 per share ( 1.0 ) . Comparisons in brackets refer to the corresponding period of the previous year for performance measures , and the latest year - end for balance sheet measures , unless otherwise stated . HANS WALLENSTAM , CEO Further strengthened balance sheet " During the quarter , we have worked to further strengthen our balance sheet . Both the loan - to - value ratio and the equity / assets ratio are now 45 percent , which means even greater opportunities and freedom of action regarding our ambitious investment program with land acquisitions and new construction . " " I am very satisfied with the result in the first half of 2021 , where all the numbers are pointing in the right direction ! Our income from property management increased by 11 percent and net operating income by 10 percent . Apart from this , we have created further value of approximately SEK 400 million in our new construction . "