Swedish Pensions Agency Invests SEK 1bn in Heimstaden Bostad
The Swedish Pensions Agency partners with industrial owner Heimstaden AB and institutional investors, Alecta, Folksam Group, Sandvik Pension Fund and Ericsson Pension Fund with a SEK 1 billion investment.
“The Swedish Pensions Agency is a strong institutional investor that shares Heimstaden Bostad’s long-term perspective and dedication to societal and environmental efforts. We are very pleased to welcome them as a partner, which strengthens our position to further develop our existing portfolio and execute on our ambitious strategy for sustainable growth,” said Magnus Nordholm, Deputy CEO at Heimstaden.
The Swedish Pensions Agency manages the portfolio of with-profits annuity insurance, which is part of the Swedish premium pension system. The portfolio has SEK 53 billion in assets under management, of which 63% is currently placed in Swedish bonds and 37% in global stocks.
Magnus Nordholm, Deputy CEO and Head of Partners & ECM
+46 705 29 31 44
About Heimstaden Bostad
Heimstaden Bostad is a leading residential real estate company in Europe, which buys, develops and manages homes. Through our values Care, Dare and Share, we create value for owners and friendly homes for customers. We own about 110,000 homes with a property value of SEK 170 billion. Our head office is in Malmö. Read more at www.heimstadenbostad.com