Heimstaden Bostad: 2023 Annual, Governance, and Sustainability Report
Highlights (figures in brackets: previous quarter):
· The residential operating environment remains strong. Like-for-like rental growth increased to 5.6% (4.2%) and real economic occupancy increased to 98.4% (98.1%) · The NOI margin grew to 66.0% when compared to 60.8% a year ago and the FY NOI margin was 67.4% (66.2%) · Investment properties was valued at SEK 319 billion (332) and comprised 161,553 homes (161,532) · Fair value change before currency effects was -1.6% (-1.5%) primarily driven by continued yield expansion in Sweden and Germany, while valuations were stabilising