Heimstaden Bostad Expands in Germany
Heimstaden Bostad AB buys 1,732 homes for SEK 1.9 billion and expands to six new cities in Northern and Eastern Germany.Germany is Europe’s largest residential rental market and one of the world’s leading economies with a favourable long-term economic outlook. The rental market is fully regulated and Heimstaden Bostad maintains a balanced exposure to regulated market rent in its portfolio, which provides stable cash flows with strong downside risk protection. In 2020, following a large portfolio acquisition in Berlin, Heimstaden established local operations in Germany and has pursued