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9 Questions
How do you handle smoking? I can imagine that many people would not like to move into furniture that some others have been smoking in which must be a challenge with short term rentals.
Are you in Sweden sensitive to changes in SEK or are both your revenue and all costs in Sweden derived in SEK so that fluctuations in currency has no impact on the swedish margins or can we expect a positive effect to margins in Sweden if SEK rises again?
It seems you have a lot of challenges filling your appartment in Odense and especially Aarhus. If hirring a new coordinater for these cities does not help, do you considder downscalling or even closing your activities in the cities?
You already now have a very low rate of empty apartments in Copenhagen and the AG gruppen expansion will only happen in several years. Do you plan to expand your portfolio with more apartments i smaller chuncks in the meantime og will you fully transition to fewer but larger expansions with long delivery times?
With the projects you are looking at in Hamburg and the recent agreement with AG Gruppen, does these bigger projects change anything in the business, the operations or technology?
How is the sourcing of new projects moving along and what is the update on the big project in Germany? What is the timeline on this project? You have stated that you do not plan to launch Germany in 2023 and will not force it before current markets are operating well. Does that mean the big project in Hamburg is put on ice or is not happening?
Can you provide some insights into the smaller categories Collective YOYO and Coliving. They experienced the highest growth, how do you see those categories moving forward?
Do you expect other deals from AG Gruppen like this project or is this a one time collaboration?
With the new deal with AG Gruppen the EBITDA-margin expected from this is around 15-22%. Do you have other deals in the pipeline of this size and what do you expect the ramp up time to be before fully operational? The news state that the "master lease agreement is conditional on AG Gruppen divesting the project" what does this mean?