Hembla’s 2018 annual report published on the company’s website at www.hemblagroup.se
April 12, 2019
The 2018 annual report for Hembla AB is now available on the company’s website
https://www.hemblagroup.se/sv/sektion/finansiell-information/finansiella-rapporter/
A printed version of the annual report may be ordered from the end of April 2019.
This information is information that Hembla AB is obliged to make public pursuant to the Swedish Securities Market Act. The information was submitted for publication at 17.30 CEST on 12 April 2019.
For more information, please contact:
Svein Erik Lilleland, CEO, Hembla AB
+46 (0)8 121 317 25
Jonas Andersson, CFO, Hembla AB
+46 (0)8 121 317 25
About Hembla
Hembla is a property company focusing on residential properties in the Greater Stockholm region and other growth areas. The company’s business concept is to own property portfolios slated for a gradual renovation of apartments in conjunction with the natural turnover of tenants. This can take place quickly and cost-efficiently thanks to extensive experience from the company's renovation method which, among other things, means that no evacuation needs to take place. In addition to this, the company creates value through the development of building rights in existing portfolios. The market value of the company’s properties amounted to SEK 31,091 million on 31 December 2018. The total rental value amounted to SEK 1,903 million annually on 31 December 2018. The economic occupancy rate is high – vacancies are virtually non-existent. Hembla is listed on Nasdaq Stockholm.