Restructures the property portfolio and extends cooperation with Alecta
Heimstaden AB has today agreed with the other partners in the subsidiary Heimstaden Bostad AB for an extended cooperation. Heimstaden Bostad AB strengthen its equity base with a total of 9.5 billion SEK through a private placement towards the main owners Heimstaden AB and Alecta. In total, SEK 6.2 billion is allocated externally to the Group. Simultaneously, Heimstaden Bostad acquires 10,447 residential- and 83 commercial units, corresponding to 866,171 sqm in the Netherlands with a property value of 18 billion SEK from Heimstaden AB. The acquisition is financed with bank loans and