Fitch Affirms 'BBB' Investment Grade Rating for Heimstaden Bostad, Revises Outlook to Rating Watch Negative

22 Sep 2023 15:00 CEST

Fitch affirms Heimstaden Bostad's 'BBB' rating and revises the Outlook to Rating
Watch Negative.

"The rating affirmation reflects our commitment to protect the balance sheet and
our ambition is to de-leverage while maintaining strong credit metrics. Our
portfolio continues to deliver strong operational results, supported by high
occupancy rates and durable rental growth. We look forward to the upcoming Q3
results and the opportunity to present our privatization plan," says Deputy CEO
Christian Fladeland.

Contact
Christian V. Dreyer, CCO
media@heimstaden.com

Malin Lethenström, Investor Relations
ir@heimstaden.com

Heimstaden Bostad is a leading European residential real estate manager and
investor with around 161,000 homes across nine countries with a property value
of SEK 340 billion. We acquire, develop, and manage properties with an evergreen
perspective. Guided by our Scandinavian heritage and values Care, Dare and Share
- we fulfil our mission to enrich and simplify our customers' lives through
Friendly Homes. Read more at www.heimstadenbostad.com.

This information is such information that Heimstaden Bostad AB (publ) is obliged
to publish in accordance with the EU Market Abuse Regulation. The information
was submitted, through the agency of the above contact persons, for publication
on 22 September 2023 at 15:00 CET.

More information:
Access the news on Oslo Bors NewsWeb site

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