ARTICLES TAGGED WITH "Heimstaden Bostad"

Heimstaden Bostad is hoping for buyers with dry powder

Nordic — Heimstaden Bostad believes that a stabilized market and a somewhat positive development in the transaction market will lead to tailwinds for the company. At the same time, two countries are behind the large decline of EUR 2.57 billion in the company's property value.

Alecta writes down the value of Heimstaden Bostad by EUR 1.16 billion

Sweden Sweden — Heimstaden Bostad, Alecta's largest single holding in which approximately SEK 50 billion (EUR 4.56 billion) has been invested, was negatively affected by the rise in interest rates. This led to a significant decline in value for Alecta's shareholding in the company. Alecta writes down the value of Heimstaden Bostad by SEK 12.7 billion (EUR 1.16 billion), corresponding to 25 percent of the value.

This is how Heimstaden will succeed with massive sales plan

Nordic — Recently, it was announced that Heimstadens Bostads plans to sell approximately 25,000 homes from the stock in five different markets. All in all, it should bring in SEK 85 billion (EUR 7.2 billion) for the company. Rita Berg Hansen has now been tasked with leading the work on the sales challenges expected in the coming years.

Heimstaden's massive divestment plan

Nordic — In a new major plan, Heimstaden Bostad will turn its focus to the privatization of housing in five markets. The goal is to establish the BBB rating and pay off debts. When Christian Fladeland, Deputy CEO made his first presentation at the third quarterly report, the privatization was the big question and how this sale will affect the company.

Helge Leiro Baastad suggested new Chairperson of Heimstaden Bostad

Nordic — Heimstaden Bostad's largest shareholders propose Helge Leiro Baastad as the new Chairperson of the Board and Rebecka Elkert as Folksam's board representative, replacing Casper von Koskull and Birgitta Stenmark, respectively.

Heimstaden Bostad Announces Tender Offer

Nordic — Heimstaden Bostad announces tender offer to repurchase senior debt securities.

Heimstaden Bostad Owns 15 Percent of Kojamo

Finland Finland — Heimstaden Bostad has bought 54,403 shares in Kojamo Oyj, bringing total ownership to 15 percent.

Heimstaden Bostad Buys Residential Portfolio in Jönköping

Sweden Sweden — Heimstaden Bostad AB strengthens its presence in Sweden through the SEK 1.7 billion acquisition of Vätterbygdens Byggnads AB (VBAB).

Heimstaden Divests Portfolio to Akka Egendom

Sweden Sweden — Akka Egendom has agreed on the acquisition of 21 properties, located in Eslöv, Klippan and Örkelljunga, from Heimstaden Bostad. The portfolio comprises a total of just over 32,000 square meters, of which approximately 26,500 square meters pertain to BOA distributed over 395 apartments.

Allianz Real Estate and Heimstaden Bostad Form JV

Sweden Sweden — Allianz Real Estate, on behalf of Allianz companies, invests SEK 7.9 billion in Heimstaden Bostad’s portfolio in Sweden with properties recently bought from Akelius, forming a joint venture (JV) on the SEK 30.4 billion portfolio centrally located in Malmö and Stockholm.

Heimstaden Bostad Acquires Ten Percent of Kojamo

Finland Finland — Heimstaden Bostad has bought 13,442,000 shares in the listed Finnish residential company, bringing total ownership to 10 percent.

Heimstaden Bostad Sets New Climate Targets

Sweden Sweden — Heimstaden Bostad has set new sustainability targets and will invest SEK 5 billion to reduce the company’s greenhouse gas emissions by at least 46 percent by 2030, in line with the Paris Agreement ambition to limit global warming to 1.5°C.

Why the Danish Residential Market Is One of the European Champions

Denmark Denmark — Christian Fladeland, Co‑CIO of Heimstaden, on the recent blockbuster acquisition, and future growth targets in Denmark.

Heimstaden Bostad Acquires Large Danish Portfolio

Denmark Denmark — Heimstaden AB’s subsidiary, Heimstaden Bostad AB strengthens its presence in Denmark through a SEK 3.5 billion acquisition of 1,473 homes in several attractive locations.

Heimstaden Bostad Enters Finland

Finland Finland — Heimstaden Bostad AB has acquired 242 homes in Helsinki for SEK 215 million (EUR 21 million), its first acquisition in the Finnish market.

Heimstaden Acquires Large Polish Portfolio

Nordic — Heimstaden Bostad AB buys a newbuild portfolio with 2,496 homes in Poland for SEK 3.1 billion from leading Polish residential development company, Budimex.

Heimstaden Enters United Kingdom

Nordic — Heimstaden subsidiary, Heimstaden Bostad AB, buys newbuild project “Soho Wharf” with 752 residential units in Birmingham for SEK 1.9 billion (GBP 160 million) from Apsley House Capital and Galliard Homes. Galliard will also act as developer for the project.

Heimstaden Bostad Acquires over 1,000 Residential Units in Linköping

Sweden Sweden — Heimstaden Bostad acquires 1,118 residential units for SEK 2.5 billion in Linköping from municipal housing company Stångåstaden, and significantly strengthens its presence in the region.

Magnolia Bostad Sells 346 Residential Units to Heimstaden

Sweden Sweden — Magnolia Bostad is selling 346 residential units in Handen, Haninge Municipality to Heimstaden Bostad. The estimated property value upon completion will be around SEK 850 million.

Why the Polish Market Attracts Heimstaden

Nordic — Co-CIO Christian Fladeland: “The average quality in the rental market is not meeting the requirements of today’s tenants.”

Heimstaden Bostad Enters Poland

Nordic — Heimstaden’s subsidiary, Heimstaden Bostad AB, announces the acquisition of two build-to-rent projects in Warsaw, Poland, from the French developer and contractor, Eiffage, which also will act as the general contractor.

Heimstaden Expand Its Portfolio in the Netherlands – Acquires 673 Homes

Nordic — Heimstaden AB's subsidiary, Heimstaden Bostad, expands its portfolio in the Netherlands through the acquisition of 673 homes in the North Holland province from the Dutch Housing corporation Mooiland.

Heimstaden Bostad Acquires Large Property Portfolio in Linköping

Sweden Sweden — Heimstaden Bostad AB has acquired all shares in Von Dufva Fastighets AB, which is the owner of a portfolio consisting of twelve properties in Linköping, with 457 rental apartments and a total lettable area of ​​approximately 31,500 square meters.

Heimstaden Bostad Acquires from Magnolia Bostad

Sweden Sweden — Heimstaden Bostad has acquired Magnolia Bostad's project Slipsen in Södra Råbylund, Lund Municipality. The project started production in December 2019 and includes the development of approximately 780 apartments of 45,000 sq.m. BTA. Estimated property value at completion amounts to approximately SEK 1.4 billion.

The CEO on the Blockbuster Deal in the Czech Republic: ”Maybe a Bit Unexpected”

Nordic — Heimstaden’s CEO Patrik Hall on how the deal, which means that Heimstaden becomes the Czech Republic's largest property owner, came up and the company's plans in the Nordics.