Interim report January – March 2023
- Rental income increased 20 per cent to SEK 1,183 million (983).
- Profit from property management increased 1 per cent to SEK 580 million (572).
- Changes in the value of properties amounted to SEK -1,255 million (1,734) and changes in the value of financial instruments to SEK 103 million (-3).
- Loss after tax for the period amounted to SEK -463 million (1,934).
- The market value of the properties amounted to SEK 84,784 million (79,987).
- During the period, SEK 649 million (942) was invested in the existing property portfolio.
- During the period, 4 properties (17) were acquired for SEK 116 million (1,316) and no properties (0) were divested.
“Hemsö has a market-leading position in social infrastructure and a stable financial position. We have signed several new rental agreements and experience that the demand within our segments is greater than ever. Thanks to my professional colleagues as well as our majority owner, the Third Swedish National Pension Fund, we can continue developing new public properties to the public sector,” says Nils Styf, CEO, Hemsö.
For further information, please contact:
Nils Styf, CEO + 46 8-501 170 01
Rutger Källén, CFO and Deputy CEO + 46 8-501 170 35
Hemsö is Sweden’s leading owner of properties for public use. The business is based on sustainably owning, managing and developing properties for nursing home, education, health care and the judicial system. Hemsö has properties in Sweden, Germany and Finland. The hallmarks of Hemsö’s business are long-term leases and stable tenants. The Third Swedish National Pension Fund (AP3) is the majority owner. The total value of Hemsö’s property portfolio is SEK 85 billion. Hemsö’s credit rating from Standard & Poor’s has been A- since March 2015 while it has an A+ rating from Fitch Ratings since March 2021. More information can be found at: www.hemso.se.