Heimstaden Bostad Q1 2022 Results
Highlights · SEK 8.0 billion in profit. · Investment properties of SEK 316 billion and 148,764 homes. · Real economic occupancy of 98.5% (98.3%). · Net LTV of 44.5% (46.2%) and ICR of 3.9x (4.1x). · Allianz Real Estate invested SEK 7.9 billion in the Swedish portfolio bought from Akelius, forming a joint venture. · Repaid the Akelius acquisition bridge facility. · Sharpened climate targets and committed to invest almost SEK 7 billion to reduce greenhouse gas emissions with 42% by 2030. · Strengthened presence in the UK and Sweden by buying a project with 464 homes in