Heimstaden Bostad - comment

Heimstaden Bostad has previously announced their “privatisation” plan, the Board approving a SEK 20bn book value sales by 2025, with a 20% premium to book value.  The initial pilot phase has been a success, with 127 units sold at a 31% premium to book value.   As part of the ramp-up in the coming quarters, Heimstaden has appointed Rita Berg Hansen as Group Director of Privatisation.  She has over 20 years of experience and previously held similar roles at other real estate companies.