"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.