Heimstaden AB: Q2 2021 Results
Highlights · SEK 4.6 billion in profit. · Investment properties of SEK 187 billion and 116,679 homes. · Strong operational performance with 97.6% real economic occupancy. · Robust balance sheet with LTV of 41.2% (Q1: 43.3%) and ICR of 3.1x (Q1: 3.0x). · Raised SEK 1.13 billion in issuance of new preference shares on Nasdaq First North Growth. · Heimstaden Bostad entered the United Kingdom with the acquisition of newbuild portfolio in Birmingham. Commenting on the results, CEO Patrik Hall said: “Thanks to our professional and ambitious people, Heimstaden delivered