Hemfosa Fastigheter publishes Annual Report for the 2015 fiscal year with adjusted financial objective

Hemfosa is today publishing its 2015 Annual Report in which the company’s
strategy is clarified and an adjusted financial objective is provided for the
interest coverage ratio.
Hemfosa’s mission is to own, develop and manage community service properties on
a long-term basis and to create value through active participation in a changing
property market in order to generate long-term, high and stable profitability.
In connection with preparing the 2015 Annual Report, the Board of Directors has
reformulated the company’s strategy and its financial objectives.

Strategy

In the reformulated strategy, it is stated that Hemfosa will increase the share
of community service properties from 59 percent at year-end to ultimately
representing at least 75 percent of the Group’s total property value. The
methods to achieve this will include high activity in the Nordic transaction
market and developing long-term relationships with government authorities,
county councils and municipalities, as well as with private operators of
community service properties.

Financial objectives

The new feature of the financial objectives is that the interest coverage ratio
is to ultimately represent at least a multiple of two, compared with the
previous objective of a multiple of 1.5 and the year-end outcome of a multiple
of 3.5. The other objectives remain unchanged: to deliver the highest return
among listed Swedish property companies over a five-year period and to achieve a
long-term equity ratio of at least 30 percent.

The Annual Report for 2015, Swedish version, is now available on Hemfosa’s
website www.hemfosa.se. An English version will be published shortly.
For further information, please contact:

Jens Engwall, CEO, tel: +46 706 90 65 50, e-mail: jens.engwall@hemfosa.se

Karin Osslind, CFO, tel: +46 70 794 93 37, karin.osslind@hemfosa.se
About Hemfosa Fastigheter

Hemfosa is a Swedish property company focusing on community service properties
in the Nordic region. This provides stable cash flows and a healthy yield. At
the same time, Hemfosa creates value through active participation in the
transaction market. At December 31, 2015, Hemfosa owned commercial properties
with a total property value of approximately SEK 32.6 billion, including the
company’s share of the property value in joint ventures. The company’s ordinary
share has been listed since March 2014, and the preference share since December
2014, both on Nasdaq Stockholm. Read more at www.hemfosa.se.