Hembla’s 2019 annual report published on the company’s website at www.hemblagroup.se
The 2019 annual report for Hembla AB is now available on the company’s website .
Victoria Park AB is one of the largest and most prominent private housing companies in Sweden focused on developing attractive residential areas in the country’s growth cities. Through long-term management and social responsibility, we create value for our customers, employees, shareholders and society. We currently own and manage more than 16,000 flats in 13 cities – and we continue to grow. Visit our website to read more about how the way we work, which is based on sustainable relationships between companies, the individual and society, contributes to positive and sustainable societal development.
CEO
CFO
“In addition to value-creating investments and social management, densification projects are conducted by Victoria Park on existing land to increase the lettable area and attractiveness of the areas. By utilising an older building right on the property, as in this case, we can build 16 new flats with en total floor area of approximately 800 square metres.
“With a continued significant development potential in our portfolio, and a continued strong demand for renovated flats that attract residents with a stable economic situation who provide social capital to our areas. Together with our socially sustainable management model, it provides good value development. We look forward to continuing on our established route and thereby consistently create value for our owners, residents and society in general”.
– Overall, the trend during the third quarter is evidence that our business model of value-creating investments is successful and we look forward to continuing on our established path and to further expanding to achieve our long-term goal of a property portfolio of SEK 20 billion.