Interim Report January – September 2012

  • Gross profit from property management increased by 16 per cent and amounted to SEK 800 million (692), due mainly to higher rents and additional space following acquisitions and property investments.

  • Profit after tax for the period was SEK 793 million (1,010), equivalent to SEK 3.84 per share (4.89). The fall can be attributed to a lower increase in the value of the property holdings.

  • The fair value of the property holdings was set at SEK 22.8 billion (22.3 at the turn of the year).

  • The net asset value amounted to SEK 77 per share (76 at the turn of the year).

  • The equity ratio was 55 per cent (56), the net loan-to-value ratio was 18 per cent (17) and the interest coverage ratio multiple was 6.4 (6.8).

  • Consolidated net revenue amounted to SEK 1,144 million (1,058), an increase of 8 per cent.

  • The rental vacancy level at the period-end was 4.0 per cent (3.9 at the turn of the year).

  • Hufvudstaden has the most satisfied office tenants according to the Fastighetsbarometern Satisfied Customer Survey.

Stockholm, November 19, 2012


Ivo Stopner

Appendix: Interim Report January – September 2012

The information in this Interim Report is information that Hufvudstaden AB (publ) is obliged to publish according to the Securities Market Act and/or the Financial Instrument Trading Act. The information was published on November 19, 2012.

Questions can be answered by Ivo Stopner, President, or Magnus Jacobson, Head of Finance, telephone +46 (0)8-762 90 00.

About Us

Hufvudstaden provides office and retailing premises in prime locations in Stockholm and Gothenburg. The Company was founded in 1915 and is today one of Sweden's largest listed property companies and one of the strongest brands in the country in the property sector.