Heimstaden AB (Publ) Signs Divestment Of Danish Development Project To Tishman Speyer

(MENAFN- GlobeNewsWire - Nasdaq) Heimstaden AB (publ) (“Heimstaden”) has entered into agreement to divest its development asset Else Sørensens Vej 25-33A, Rødovre in Greater Copenhagen (“ESV”) to Tishman Speyer, a global real estate developer, owner, operator, and investment manager, through a sale of all the shares in Heimstaden ESV 25-35 ApS. Closing is expected in Q2 2027.
Christian Fladeland, Co-CEO and Chief Investment Officer, comments:
-“The sale of ESV strengthens our cash position and marks another step in our ongoing deleveraging efforts. It also underlines Heimstaden's strong industrial track record of developing high-quality residential assets”.

Contact
Frederik Stentoft Berling, Media Relations, +45 21 30 94 89, ...
Cody Nelson, Investor Relations, +47 948 94 196, ...
About
Heimstaden is a leading European residential real estate manager and investor with around 158,000 homes across nine countries with a fair value of SEK 324 billion. We acquire, develop, and manage properties with an evergreen perspective. Heimstaden is listed on Nasdaq First North Growth Market. Read more at . Certified Adviser is DNB Carnegie Investment Bank AB.

Attachment

• Press Release Heimstaden AB Signs Divestment of Danish Development Project to Tishman Speyer 08042026

MENAFN08042026004107003653ID1110955586