The property company Logistri reports lower profit from property management in the second quarter, compared with the same period the previous year.Rental income amounted to SEK 54.6 million (44.8), an increase of 21.9 percent year-over-year. Net operating income amounted to SEK 49.8 million (41.6), an increase of 19.7 percent year-over-year. Profit from property management amounted to SEK 21.6 million (22.5), a decrease of 4.0 percent year-over-year. Unrealized changes in the value of properties amounted to SEK 30.5 million (32.2). Unrealized changes in the value of derivatives amounted to SEK -20 million (-4.2). Profit before tax was SEK 32 million (50.5). Net profit amounted to SEK 23 million (39.8), a decrease of 42.2 percent year-over-year. Earnings per share amounted to SEK 0.24 (0.54), representing a decrease of 55.6 percent year-over-year. Net asset value per share stood at SEK 17.65 (16.76)."The quarter's result was impacted by negative unrealized changes in the value of our interest-rate hedges. These follow developments in the interest-rate market and affect the reported result, but not the company's cash flow. For us, underlying earnings capacity and cash flow are the most important measures of the business's performance. There, we continue to deliver stable results while our financial risk is limited through a well-balanced financing and interest-rate hedging strategy," says CEO David Träff. Logistri, SEK millionQ2-2026Q2-2025ChangeRental income54.644.821.9%Net operating income49.841.619.7%Profit from property management21.622.5-4.0%Changes in property values, unrealized30.532.2-5.3%Changes in derivative values, unrealized-20-4.2Profit before tax3250.5-36.6%Net profit2339.8-42.2%Earnings per share, SEK0.240.54-55.6%Net asset value per share, SEK17.6516.765.3%