Sweden's Hufvudstaden rent revenue up 6% in 2025

Hufvudstaden AB

12/02/2026 12:08

Overview

Swedish property manager's rent revenue rose 6% yr/yr to SEK 2,453 mln

Net income for 2025 was SEK 837 mln, significantly higher than last year

Company repurchased 8 mln Class A shares for SEK 1,018 mln

Outlook

Company sees increased optimism in future retail sector growth

Hufvudstaden reports high occupancy rates in major office projects

Company notes macro-economic uncertainty impacting retail sales

Result Drivers

RENT REVENUE INCREASE - Rent revenue from property management rose 6% to SEK 2,453 mln, contributing to overall revenue growth

NK CHANGES - Changes at NK contributed significantly to the 5% increase in gross profit, according to President Anders Nygren

OFFICE LETTINGS - New office lettings in major development projects and high occupancy rates supported results, per President Anders Nygren

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Income
SEK 837 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the real estate rental, development & operations peer group is "buy."

Wall Street's median 12-month price target for Hufvudstaden AB is SEK130.00, about 4.2% above its February 11 closing price of SEK124.80

The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 22 three months ago

Press Release: ID:nWkr96b53l

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)