Press Release Details

Interim report januari-march 2020

  • Rental income for the period increased to SEK 1,556 million (953)
  • The real letting ratio for housing was 97.2 percent (98.9)
  • Net operating income for the period increased to SEK 855 million (489)
  • Cleared of unrealised currency effects in the Parent Company, profit from property management amounted to SEK 445 million (228)
  • Changes in values of properties amounted to SEK 1,914 million (1,738)
  • Profit for the period amounted to SEK 1,889 million (1,185)
  • Property acquisitions during the period amounted to SEK 14,376 million (3,732)

Heimstaden Bostad provides homes, which are something that everybody needs regardless of the economic situation. Housing shortages also prevail in the markets in which we operate. Providing housing in attractive locations, at rent levels that most residents can demand, means we have a fantastic and flexible product”, says Patrik Hall, CEO Heimstaden.

”Heimstaden Bostad also has the economic opportunities and strength to continue our journey of growth in challenging times and, through continued new production, to alleviate the increasing shortage of capital-free housing, namely rental apartments”, Patrik Hall continues.

For further information, please contact:

Patrik Hall, CEO                      +46 705 85 99 56

Arve Regland, CFO                 +47 479 07 700

This information is such information that Heimstaden Bostad AB (publ) is obliged to publish in accordance with the EU Market Abuse Regulation. The information was submitted, through the agency of the above contact persons, for publication on April 30, 2020 at. 09:00 CET.