On 26 September 2021 Heimstaden Bostad announced buying Akelius’ German, Swedish and Danish properties and a related SEK 24.8 billion equity raise, of which Heimstaden committed SEK 8.5 billion.
Heimstaden has decided to increase its equity injection by SEK 3.7 billion, bringing the total investment to SEK 12.2 billion. The investment will be financed with SEK 8.2 billion in cash at hand and a committed 2-year bridge financing facility.
“We are pleased to increase our investment, which will contribute to preserving our ownership position and support the the continued financial strength of Heimstaden Bostad,” said CEO, Patrik Hall.