Per Ekelund new acting CEO of Hembla

Today Hembla’s Board of Directors has appointed Per Ekelund as acting CEO of Hembla. Per Ekelund will follow Svein Erik Lilleland as CEO. Svein Erik Lilleland has decided to step down and hand over responsibility for his Management Board duties to Per Ekelund from now on. Per Ekelund is also CEO of the residential real estate company Victoria Park, a position he will continue to hold as he takes on his new role. Following the customary union co-determination, the intention is that Per Ekelund will assume the role permanently.

- I have had some fantastic years as CEO of Hembla. The company is now entering a new phase, and it is time for me to hand over the leadership to Per Ekelund. I will miss all employees and I am proud of the work we have done together where the overall focus has always been to create vibrant communities with the tenants in focus. Hembla has a bright future ahead and I wish Per and the rest of the team all the best in continuing to develop the company, says Svein Erik Lilleland.

- Hembla and Victoria Park have a transition journey ahead with Vonovia as their new owner. I am convinced that Per Ekelund is the right person to do this. Per has long and extensive experience in working with real estate, and I am convinced that he will be a great leader for both companies. With a common management team we can find synergies and reach economies of scale. I would also like to express my sincere thanks to Svein Erik Lilleland, and I wish him all the best and every success in his future professional and personal life. During his time as CEO, Svein Erik Lilleland built a strong position for the company, and created a stable platform for further successful development, says Rolf Buch, Chairman of the Board, Hembla and CEO of Vonovia.
 

Stockholm on 27 January 2020 
Hembla AB (publ) 
The board of directors 
 

For further information, please contact 
 

Jonatan Öhman, Head of Communications, phone number +46 731 41 77 47

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 created value through the development of building rights in existing portfolios. The market value of the company’s properties amounted to SEK 33,508 million on 30 September 2019. The total rental value amounted to SEK 1,967 annually on 30 September 2019. The economic occupancy rate is high – vacancies are virtually non-existent.