AMWatch

Folksam builds bigger stake in Heimstaden

Yet another pension fund has chosen to invest in real estate through Heimstaden's subsidiary Heimstaden Bostad. At the start of the new year, EUR 375 million will be invested in return for a seven percent ownership share, which gives the subsidary a total value of EUR 5.4 billion.

Photo: PR

Swedish pension investor Folksam will be the second-largest owner of property company Heimstaden Bostad, which is a subsidiary company of Sweden's Heimstaden.

A stock exchange announcement states that Folksam will gain an ownership share of seven percent after investing EUR 375 million in the company, and therefore become the second-largest owners of the company.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

New paper slams model portfolio boom for conflict of interest

So-called model portfolios -- off-the-shelf investment strategies often comprising bundles of ETFs -- are ridden with conflicts of interest, according a trio of academics, including Associate Professor from the Norwegian School of Economics Nataliya Gerasimova.

Further reading

Related articles

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch