Brief: Hufvudstaden H1 Fair Value Of Property Holdings Down At SEK 46.2 Bln

Hufvudstaden AB

22/08/2024 11:49

Aug 22 (Reuters) - Hufvudstaden AB  HUFVa.ST :
    * H1 FAIR VALUE OF PROPERTY HOLDINGS WAS SEK 46.2 BILLION
(46.7 AT
YEAR-END)
    * H1 UNREALISED CHANGES IN VALUE OF PROPERTY HOLDINGS
AMOUNTED TO
SEK -994 MILLION (-2,295) FOR PERIOD
    * LOWER INFLATIONARY PRESSURE AND RIKSBANK'S INTEREST RATE
CUTS
HAVE INCREASED CONFIDENCE IN PRESSED RETAIL SECTOR
    * WE HAVE NOTED A SOMEWHAT TENTATIVE OFFICE RENTAL MARKET
DURING
SPRING
    * WE ARE PLEASED TO OBSERVE SUSTAINED DEMAND FOR OUR
HIGH-QUALITY
PROPERTIES IN ATTRACTIVE CITY LOCATIONS

Source text for Eikon:  ID:nWkr8CFPb 
Further company coverage:  HUFVa.ST 

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