Heimstaden Q1 2022 Results
Highlights · SEK 7.9 billion in profit. · Investment properties of SEK 321 billion and 150,442 homes. · Real economic occupancy of 98.5% (98.1%). · Net LTV of 48.5% (51.0%) and ICR of 3.0x (3.2x). · Allianz Real Estate invested SEK 7.9 billion in Heimstaden Bostad’s Swedish portfolio bought from Akelius, forming a joint venture. · Sharpened climate targets and committed to invest almost SEK 7 billion to reduce greenhouse gas emissions with 42% by 2030. · Heimstaden Bostad strengthened its presence in the UK and Sweden by buying a project with 464 homes in Edinburgh and