Heimstaden: Annual Report 2021
2021 Highlights: ·SEK 24.2 billion in profit before tax. ·Investment properties of SEK 305.7 billion and 149,948 homes. ·Completed acquisitions of SEK 129 billion, including the largest residential real estate transaction in Europe by acquiring 599 properties from Akelius. ·Real economic letting ratio of 97.8 percent (97.5). ·Like-for-like rental income growth of 2.5 percent. ·Net LTV of 51.0% (44.4%) and ICR of 3.2x (2.8x). ·Heimstaden Bostad raised SEK 45 billion of equity from existing and three new equity partners. ·