Heimstaden AB Pref Registered Shs
18.50
SEK
-0.20
(-1.07%)
ISIN
SE0015949037
Return %
Stock
S&P 500
1Y
-4.05
14.20
3Y
85.93
81.12
5Y
-43.94
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Christian Winther Fladeland
- Full Time Employees
- 1,982
- Sector
- Finance
- Industry
- Real estate development
- Address
- Carl Gustafs Väg 1 Malmö SN Sweden 217 42
- IPO Date
- Jun 11, 2015
- Website
- heimstaden.com
- Similar Companies
- Business
- Heimstaden AB (publ) is a Sweden-based residential real estate company engaged in acquiring, developing, owning, and managing residential properties across Europe. The company’s core products and services include management and operation of residential homes; development and redevelopment of residential real estate projects; asset management focused on long-term value creation; property leasing; and sustainability-driven residential community development. Heimstaden operates approximately 162,000 homes with a portfolio valued at around SEK 332 billion, primarily across nine European countries including Sweden, Germany, Denmark, the Netherlands, the Czech Republic, Norway, and Finland. It offers its residential real estate solutions under its subsidiary Heimstaden Bostad, which focuses on Friendly Homes, integrating affordability, liveability, and environmental sustainability. Founded in 1994 and headquartered in Malmö, Sweden, Heimstaden AB is listed on the Nasdaq First North Growth Market and is majority-owned by Fredensborg AS. Recent major company changes include a strategic divestment announced in early 2025 wherein Heimstaden sold its shares in Danish development projects amounting to a gross price of DKK 849 million (approximately SEK 1.3 billion) to Fredensborg 32 AS, reflecting a focus on deleveraging and liability management. This transaction aligns with Heimstaden’s broader strategy to optimize its portfolio and enhance financial stability while retaining potential future upside through earn-out mechanisms. Additionally, Heimstaden continues to emphasize its ESG commitment, focusing on decarbonisation and sustainable homes development, consistent with its Scandinavian entrepreneurial values and governance principles. The company has not issued dividends recently and maintains a strong emphasis on sustainable, long-term returns complemented by tenant satisfaction and societal contributions. Heimstaden's business model revolves around residential real estate investor and manager roles, providing rental income through a diversified property portfolio, including subsidiaries like Heimstaden Bostad Treasury BV for financing operations. The company’s geographic reach spans major European residential markets with tailored solutions addressing social and environmental challenges, supported by a structured governance framework. Heimstaden AB maintains a strong market presence through continuous portfolio expansion, operational development, and strategic asset management targeted at both institutional investors and residential tenants. Heimstaden AB’s positioning as a leading European residential real estate player is further reinforced by its investment in innovative living concepts and strong operational expertise, focusing on scalable growth and sustainability integration across all its markets and operations. The company’s recent financial maneuvers and strategic asset sales underscore its commitment to balance growth with financial prudence, positioning itself for continued expansion and resilience in the dynamic real estate sector.