Interim Report January – September 2014


  ·
Gross profit from property management amounted to SEK 857 million (851). The
increase can be attributed mainly to higher rents.

  ·
Profit after tax for the period was SEK 996 million (1,076), equivalent to SEK
4.83 per share (5.22). The decrease is due to a negative, unrealized change in
the value of interest derivatives of SEK -149 million (88).

  ·
The fair value of the property holdings was set at SEK 26.7 billion (25.9 at the
turn of the year), resulting in a net asset value of SEK 95 per share (92 at the
turn of the year).

  ·
The equity ratio was 57 per cent (57), the net loan-to-value ratio was 20 per
cent (22) and the interest coverage ratio multiple was 8.4 (8.3).

  ·
Consolidated net revenue amounted to SEK 1,236 million (1,201), an increase of 3
per cent.

  ·
The rental vacancy level at the period-end was 5.5 per cent (4.0).

  ·
Hufvudstaden has the most satisfied office tenants in the industry according to
the Fastighetsbarometern Satisfied Customer Survey.

Stockholm, November 5, 2014

HUFVUDSTADEN AB (publ)

Ivo Stopner
President

Appendix: Interim Report January – September 2014

The information in this Interim Report is information that Hufvudstaden AB
(publ) is obliged to publish according to the Securities Market Act and/or the
Financial Instrument Trading Act. The information was published on November 5,
2014.

Questions can be answered by Ivo Stopner, President, or Magnus Jacobson, Head of
Finance, telephone +46 (0)8-762 90 00.

Attachments

11052501.pdf