Hembla announces management team change

The company has decided to appoint Jonatan Öhman as acting head of communications. The current head of communications, Björn Sundberg, has been appointed to a new role as Senior Director Public Affairs.

D. Carnegie & Co AB changes name to Hembla AB

The name change will take place on the 31 October 2018 and is intended to clarify the Company’s orientation.  Through the new name the company wants to emphasize the core of its business model –...

Tenants first

D. Carnegie & Co AB (publ) reports for the third quarter of 2018 an increased profit after tax amounting to SEK 881 million compared to SEK 525 million for the third quarter of the previous year. For the first nine months of the year, profit after tax amounted to SEK 2,709 million compared with SEK 1,229 million corresponding period previous year.

Today, D. Carnegie & Co AB’s extraordinary general meeting has resolved to change the company’s trade name to Hembla AB

On 13 September 2018 D. Carnegie & Co AB (publ) announced that the company has resolved to change its name to Hembla AB (publ) in order to clarify the company’s orientation. Today, the extraordinary general meeting resolved to change the company’s trade name to Hembla AB (publ), in accordance with the board of directors’ proposal.

Change in number of shares and votes in D. Carnegie & Co

The number of shares of series B and votes in D. Carnegie & Co has changed as a result of the exercise of 97,000 warrants within the company’s 2015 incentive program. As of the last trading...

D. Carnegie & Co changes name to Hembla

Today, 13 September 2018, D. Carnegie & Co has convened an extraordinary general meeting in order to change its trade name from D. Carnegie AB (publ) to Hembla AB (publ). Through the proposed name change, the company wants to further emphasize the core of its business model . The name is intended to clarify the company’s orientation and Hembla associates to something that is central in most people’s lives.

Tenants remain our top priority

D. Carnegie & Co AB (publ) reports for the second quarter of 2018 an increased profit after tax amounting to SEK 1,672 million compared to SEK 475 million for the second quarter of the previous year. For the first half year, profit after tax for January-June amounted to SEK 1,827 million compared with SEK 704 million corresponding period previous year. Earnings per share after tax were SEK 21.45 (9.10). The adjusted equity (EPRA NAV) increased 29 percent compared to the second quarter 2017 and amounted to SEK 145.98 per share (113.12) as of 30 June 2018. 

Change in number of shares and votes in D. Carnegie & Co AB

The number of shares of series B and votes in D. Carnegie & Co AB (publ) has changed as a result of the exercise of 901,200 warrants within the company’s 2015 incentive program. At the last...

Jonas Andersson appointed as new CFO, replacing Per-Axel Sundström who has decided to leave D. Carnegie & Co AB

Per-Axel Sundström has, after several years at D. Carnegie & Co AB (publ), decided to leave his position as Chief Financial Officer (CFO). As a result, D. Carnegie & Co AB has decided to appoint Jonas Andersson as new CFO. Per-Axel Sundström’s last employment date and Jonas Andersson’s first day as new CFO has not yet been decided, but Per-Axel will work with the company to ensure a smooth transition.

Tenants remain our top priority

D. Carnegie & Co AB (publ) reports for the first quarter of 2018 income from property management, SEK 1 million, compared to SEK 60 million for the first quarter of the previous year. Profit after tax amounts to SEK 156 million compared to SEK 229 million for the first quarter of the previous year.  Earnings per share after tax were SEK 1.98 (2.96). The adjusted equity (EPRA NAV) increased 18 percent compared to the corresponding quarter 2017 and amounted to SEK 125.35 per share (106.04) as of 31 March 2018.

D. CARNEGIE & CO AB (publ) COMPLETES THE ACQUISITION OF 1,274 APARTMENTS IN STOCKHOLM AND ISSUES NEW SHARES TO THE SELLER

D. Carnegie & Co AB (publ) has today completed the earlier announced acquisition of 1,274 residential apartments for SEK 1.67 billion (before deduction for deferred tax amounting to SEK 0.80 billion). The properties are located in Albyberget, Alby, Botkyrka municipality in Stockholm and are adjacent to other D. Carnegie properties. The transaction has been structured as a share deal.

D. CARNEGIE & CO PUBLISHES PROSPECTUS SUPPLEMENT

Not for release, publication or distribution, directly or indirectly, in or into Australia, Hong Kong, Japan, Canada, Singapore, the United States or any other jurisdiction where such distribution of this press release would be subject to legal restrictions.

D. CARNEGIE & CO AB ACQUIRES 1,274 APARTMENTS IN STOCKHOLM FROM BYGGMÄSTARE ANDERS J AHLSTRÖM FASTIGHETS AB (publ) AGAINST PAYMENT IN CASH AND SHARES

D. Carnegie & Co AB (publ) (”D. Carnegie”) has entered into an agreement with Byggmästare Anders J Ahlström Fastighets AB (publ) (“Byggmästare Ahlström”) to acquire 1,274 apartments in Stockholm for SEK 1,673 million (15,900 SEK/sqm), before deducting deferred tax amounting to approximately SEK 80 million. The acquisition is structured as a share deal. The portfolio’s rentable area amounts to 105,000 sqm. There is, in addition, expected to be considerable upside in the portfolio’s building rights potential. The properties are located in Albyberget, Alby, Botkyrka municipality in Stockholm and are adjacent to other D. Carnegie properties. The transaction will be combined with the issue of new shares to the seller resulting in a combined cash (92% of the consideration) and share (8% of the consideration) transaction, with closing scheduled during the second quarter 2018.

D. CARNEGIE & CO AB (publ) COMPLETES THE ACQUISITION OF 1,420 APARTMENTS IN THE STOCKHOLM REGION

D. Carnegie & Co AB (publ) has on 3 April 2018 completed the earlier announced acquisition of 27 properties for SEK 2.47 billion (before deduction for deferred tax amounting to SEK 0.21 billion). The properties are located in Järna, Söderhälje and Nynäshamn, all within Stockholm County, in close vicinity to portions of D. Carnegie’s existing portfolio. The transaction has been structured as a share deal.

D. CARNEGIE & CO’S RIGHTS ISSUE FULLY SUBSCRIBED

Not for release, publication or distribution, directly or indirectly, in or into Australia, Hong Kong, Japan, Canada, Singapore, the United States or any other jurisdiction where such distribution of this press release would be subject to legal restrictions.

D. CARNEGIE & CO PUBLISHES PROSPECTUS

Not for release, publication or distribution, directly or indirectly, in or into Australia, Hong Kong, Japan, Canada, Singapore, the United States or any other jurisdiction where such distribution of this press release would be subject to legal restrictions.

D. CARNEGIE & CO CONDUCTS RIGHTS ISSUE OF SEK 1,013 million

Not for release, publication or distribution, directly or indirectly, in or into Australia, Hong Kong, Japan, Canada, Singapore, the United States or any other jurisdiction where such distribution of this press release would be subject to legal restrictions.

Continuing our strategy

D. Carnegie & Co AB (publ) reports for the fourth quarter of 2017 an increase in income from property management, SEK 62 million, compared with SEK 52 million for the fourth quarter of the previous year. Profit after tax is up to SEK 350 million compared to SEK 680 million for the fourth quarter of the previous year. For the year, income from property management amounted to SEK 357 million, compared with SEK 269 million for the corresponding period previous year. Profit after tax for the year amounted to SEK 1,579 million compared with SEK 1,678 million corresponding period previous year.  Earnings per share after tax were SEK 20,34 (22.20). The adjusted equity (EPRA NAV) increased 25 percent compared to the corresponding quarter 2016 and amounted to SEK 127.90 per share (101.96) as of 31 December 2017.

D. Carnegie & Co – Svein Erik Lilleland appointed new CEO

D. Carnegie & Co AB (the "Company") – listed on Nasdaq Stockholm – announces today that Svein Erik Lilleland, current member of the board of directors and interim CEO, has been appointed permanent CEO for the Company.

D. Carnegie & Co divests properties in Eskilstuna to tenants

D. Carnegie & Co (publ) – listed on Nasdaq Stockholm – has divested two residential properties to a private housing cooperative. The sale of the properties in Eskilstuna is completed at an underlying property value of SEK 44 million, corresponding to SEK 23,417 per square meter lettable area.