Heimstaden Bostad: Annual Report 2021
2021 Highlights: ·SEK 24.0 billion profit before tax ·Investment properties of SEK 300.6 billion and 148,295 homes ·Completed acquisitions of SEK 126 billion, including the largest residential real estate transaction in Europe by acquiring 599 properties from Akelius. ·Real economic letting ratio of 97.9 percent (97.5) ·Like-for-like rental income growth of 2.5 percent ·Net LTV of 46.2% (43.7%) and ICR of 4.1x (2.9x) ·Raised SEK 45 billion of equity from existing and three new equity partners ·Announced Joint Venture with