Press release from Hemsö’s 2024 Annual General Meeting
The Annual General Meeting (AGM) of Hemsö Fastighets AB was held on 24 April 2024 in Stockholm. The following is…
Jan-Mar 2024 | Jan-Mar 2023 | Jan-Dec 2023 | |
---|---|---|---|
Rental income, SEK million | 1,283 | 1,183 | 4,818 |
Profit from property management, SEK million | 590 | 580 | 2,345 |
Profit/loss after tax, SEK million | 367 | -463 | -2,721 |
Operationg cash flow, SEK million | 634 | 551 | 2,329 |
Loan-to-value ratio, % | 58.8 | 57.3 | 58.4 |
Interest-coverage ratio, times | 3.0 | 3.3 | 3.0 |
Market value of properties, SEK million | 84,236 | 84,784 | 82,624 |
NOI margin, % | 72.0 | 72.4 | 74.7 |
Economic occupancy rate, % | 97.8 | 97.9 | 97.8 |
Rental duration, years | 9.4 | 9.5 | 9.5 |
Number of properties | 487 | 484 | 488 |
Lettable area, tsqm | 2,446 | 2,415 | 2,458 |
The Annual General Meeting (AGM) of Hemsö Fastighets AB was held on 24 April 2024 in Stockholm. The following is…
The credit rating agency Fitch Ratings upgrades Hemsö’s long-term credit rating from A+ to AA- with stable outlook and confirms…
Hemsö has issued bonds under an EMTN programme for several years. As part of the company’s sustainability work, a framework has been drafted enabling the issuance of sustainable, green and social bonds.
Hemsö’s Sustainable FrameworkHemsö’s sustainability initiatives are embedded in the company’s operations and governed by both external frameworks and internal policies and guidelines.
Framework and guidelinesOur code of conduct contains a number of principles that describe how we as employees at Hemsö are expected to act in our professional roles. Hemsö strives to act with credibility, honesty and openness.
Code of Conduct and Policies