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Year-end report January – December 2023

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  • Rental income increased 18 per cent to SEK 4,818 million (4,073).
  • Profit from property management increased 2 per cent to SEK 2,345 million (2,309).
  • Changes in the value of properties amounted to SEK -5,287 million (589).
  • Changes in the value of financial instruments amounted to SEK -225 million (251).
  • Loss after tax for the year amounted to SEK -2,721 million (2,563).
  • The market value of the properties amounted to SEK 82,624 million (84,879).
  • During the year, SEK 2,825 million (3,809) was invested in the existing property portfolio.
  • During the year, 8 properties (43) were acquired for SEK 351 million (2,867) and 2 properties (7) were divested for SEK 93 million (414).

“During 2023, Hemsö has completed 21 projects that have provided society with 650 new nursing home beds and 3,010 new school places. We have also initiated construction starts on 14 projects and extended a large number of existing lease agreements. I am proud that Hemsö, despite the turbulence in the market, contributes with what we are best at; developing and managing social infrastructure”, says Nils Styf, CEO, Hemsö.

For more information, please contact:

Nils Styf, CEO                                                           + 46 8-501 170 01
Rutger Källén, CFO and Deputy CEO                       +46 (8)-501 170 35

This information is information that Hemsö Fastighets AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Swedish Securities Market Act. The information was submitted for publication, through the agency of the contact persons set out above, on 2 February 2024 at 13:00 CET.

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 82.6 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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