Ylva Sarby Westman, CEO of Neobo.

Ylva Sarby Westman, CEO of Neobo.

Image: Neobo

Neobo pushes residential vacancy rates down to record lows

Sweden Sweden — Plus article Neobo continues to reduce vacancies within its residential portfolio. During the third quarter, the residential vacancy rate fell to 4.4 percent—the lowest level the company has reported to date. At the same time, profit from property management per share increased by 22 percent compared to the same quarter last year.