Management changes at Hemfosa Fastigheter

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Lars Thagesson, COO and one of Hemfosa’s founders, will transition to a role as external adviser to the company. At the same time, Karim Sahibzada, Head of Legal and also a co-founder of Hemfosa, will leave the Group to pursue other opportunities. Stina Lindh Hök, currently Head of Transactions, will take over Lars Thagesson’s responsibilities relating to transactions.

Hemfosa works actively to ensure the supply of qualified expertise at all levels of the rapidly growing property company. In 2015, for example, Hemfosa has strengthened its Executive Management Team through the addition of Simon Venemyr Ottersland as COO of the Norwegian operations, Ann-Sofie Lindroth as Chief Accountant, and Linda Eriksson as the new Head of Finance.

Lars Thagesson will vacate his position at year-end and transition to the role of external adviser to Hemfosa in 2016 with a focus on the company’s major projects. At the same time, Karim Sahibzada has decided to leave his position as Head of Legal at Hemfosa.

“Lars and Karim were among the founders of Hemfosa in 2009 and both have played decisive roles in building Hemfosa from scratch to where it is today – a listed company with a property portfolio valued at approximately SEK 30 billion. With extensive knowledge and unique expertise, Lars has spearheaded the intensive transaction activities of recent years and is now handing over the reins to younger, but equally as sharp, colleagues. I understand Lars’ wish to change to a freer role and we are delighted that he will remain with us in an advisory capacity. Karim has played a significant role in creating a stable financing base and structure for the company during this rapid period of growth, but now wishes to take on new challenges outside the Group. I wish him the very best of luck and much success for the future. We are grateful for their important contributions to Hemfosa,” says Jens Engwall, CEO of Hemfosa Fastigheter AB.

“We founded Hemfosa with a five-year plan that, in a manner, was accomplished with listing the company on the stock exchange in 2014. Hemfosa has now reached its seventh year of operations, and it is with a sense of pride in everything that we have achieved with Hemfosa that we are handing the baton over to our highly competent colleagues,” say Lars Thagesson and Karim Sahibzada.

For further information, please contact:

Jens Engwall, CEO, jens.engwall@hemfosa.se, mobile +46 70 690 65 50, office +46 8 448 04 80

About Hemfosa Fastigheter

Hemfosa is a Swedish property company with a well-balanced and geographically diversified property portfolio focusing on a high proportion of community service properties with the State and municipalities as the largest tenants. This provides stable cash flows and a healthy yield. In order to create value, Hemfosa also aims to actively participate in the transaction market. At June 30, 2015, Hemfosa owned commercial properties in Sweden with a total property value of approximately SEK 30 billion, including the company’s share of the property value in joint ventures. The company’s common share has been listed since March 2014, and the preference share since December 2014, both on Nasdaq Stockholm. Read more at www.hemfosa.se.

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