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Interim report January – September 2021

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Summary January – September 2021

  • Rental income increased 10 per cent to SEK 2,668 million (2,432).
  • Profit from property management increased 13 per cent to SEK 1,587 million (1,408).
  • Changes in the value of properties amounted to SEK 4,908 million (632) and changes in the value of financial instruments to SEK 139 million (-92).  
  • Profit after tax for the period increased to SEK 5,404 million (1,532).
  • The market value of investment properties was SEK 73,516 million (59,658).
  • During the period 35 properties (20) were acquired for SEK 3,218 million (1,477) and 4 properties (9) were divested for SEK 145 million (108).

“Another strong quarter has passed. Many municipalities choose the mix of both owning and leasing community properties. During the quarter, we initiated several new partnerships, including with Järfälla municipality on the development of Barkarby hospital. In close partnership with our tenants, we ensure long-term sustainable community properties for those who live and work in the buildings but also for society as a whole. I am honored by the trust given to us and of our contribution to society”, 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 73.5 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.

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