Heimstaden Appoints Rita Berg Hansen as Group Director of Privatisation
Heimstaden Bostad announced in the Q3 report a commitment to sell a part of its portfolio unit by unit to private homeowners (privatisation). Rita Berg Hansen has been appointed as the Group Director of Privatisation and will lead this strategic unit from 1 November, driving the expansion of privatisation across our markets.
The Board-approved Privatisation Plan targets SEK 20 billion book value sales by 2025 with a 20% premium to book value. Initial results are promising, with a 31% premium on book value from the sale of 127 units year-to-date. Following the pilot phase, the Plan will intensify and enter a ramp-up phase in the coming quarters to further support our deleveraging program and improve our credit metrics.
Rita Berg Hansen brings over two decades of experience and a proven track record in the residential real estate sector. She has previously held similar management roles at companies such as Bonava, Veidekke Eiendom (Nordr), and Eie Eiendomsmegling. Her role will report to Eddo Rats, Chief Operating Officer.
COO Eddo Rats comments:
I am pleased to welcome Rita to our team. Her invaluable strategic real estate expertise, insights, and experience align perfectly with our priorities. We have underscored the importance of privatisation in our real estate strategy for portfolio streamlining, and Rita's role will be pivotal in supporting and enhancing our local divestment teams across our markets.
Rita Berg Hansen comments:
Heimstaden is entering a new phase with a heightened focus on privatisation. I am excited to support developing this important function across our markets. Heimstaden's agile, entrepreneurial approach aligns with my background, and I am eager to collaborate with their talented team.
Contact:
Christian V. Dreyer, CCO
+47 907 24 999m media@heimstaden.com
Malin Lethenström, IR
+44 7748 055821, ir@heimstaden.com
About:
Heimstaden is a leading European residential real estate manager and investor with around 163,000 homes across nine countries with a property value of SEK 339 billion. We acquire, develop, and manage properties with an evergreen perspective. Guided by our Scandinavian heritage and values Care, Dare and Share – we fulfil our mission to enrich and simplify our customers’ lives through Friendly Homes. Heimstaden is listed on Nasdaq First North Growth Market. Read more at www.heimstaden.com.
