The Board-approved Privatisation Plan targets SEK 20 billion book value sales by 2025 with a 20% premium to book value. Initial results are promising, with a 31% premium on book value from the sale of 127 units year-to-date. Following the pilot phase, the Plan will intensify and enter a ramp-up phase in the coming quarters to further support our deleveraging program and improve our credit metrics.

Rita Berg Hansen brings over two decades of experience and a proven track record in the residential real estate sector. She has previously held similar management roles at companies such as Bonava, Veidekke Eiendom (Nordr), and Eie Eiendomsmegling. Her role will report to Eddo Rats, Chief Operating Officer.

COO Eddo Rats comments:

"I am pleased to welcome Rita to our team. Her invaluable strategic real estate expertise, insights, and experience align perfectly with our priorities. We have underscored the importance of privatisation in our real estate strategy for portfolio streamlining, and Rita's role will be pivotal in supporting and enhancing our local divestment teams across our markets."

Rita Berg Hansen comments:

"Heimstaden is entering a new phase with a heightened focus on privatisation. I am excited to support developing this important function across our markets. Heimstaden's agile, entrepreneurial approach aligns with my background, and I am eager to collaborate with their talented team."