Half-year report January – June 2023
- Regulatory information- Rental income increased 21 per cent to SEK 2,386 million (1 980).
- Profit from property management amounted to SEK 1,187 million (1,184).
- Changes in the value of properties amounted to SEK -2,954 million (4,500).
- Changes in the value of financial instruments amounted to SEK -76 million (68).
- Loss after tax for the period amounted to SEK -1,517 million (4,790).
- The market value of the properties amounted to SEK 85,071 million (84,683).
- During the period, SEK 1,398 million (1,960) was invested in the existing property portfolio.
- During the period, 5 properties (24) were acquired for SEK 134 million (1,426) and 1 property (1) was divested for SEK 18 million (3).
“Hemsö’s underlying business operation has a stable development and the demand from tenants is still strong. Rental income and net operating income are increasing, but higher interest costs lead to a profit from property management in line with the previous year. Despite the turbulence in the real estate industry, Hemsö continues to start construction of several new development projects, including 12 schools and nursing homes in Sweden, Finland, and Germany,” says Nils Styf, CEO, Hemsö.
This information is information that Hemsö Fastighets AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 13:00 CET on 14 July 2023.