Heimstaden Bostad Q2 2022 Results
Highlights · Rental income SEK 3.1 billion (3.0). · Investment properties SEK 336 billion and 153,287 homes. · Real economic occupancy 98.5% (98.5%). · Net LTV 46.5% (44.5%) and ICR 4.0x (3.9x). · Bought 1,091 homes in Germany and 2,009 homes in Finland. · Bought back hybrid bonds at EUR 868 million in July, funded with equity from shareholders. · Bought the country management organisation from Heimstaden AB in July.CEO Patrik Hall comments: “Despite volatility in capital markets, we deliver strong financial and operational results. Record high occupancy combined