Half-year Report January - June 2009

Half-year Report January - June 2009

• The gross profit from property management for comparable holdings increased by
6 per cent to SEK 461 million (435). The improvement in profit can be attributed
mainly to higher rents and lower maintenance costs.

• The result for the period after tax was SEK -502 million (-86), equivalent to
SEK -2.43 per share (-0.42). The fall can be attributed to an unrealized
decrease in the value of the property holdings during the period of SEK -1,058
million (-497).

• The equity ratio was 55 per cent, the net loan-to-value ratio was 17 per cent
and the interest coverage ratio multiple was 6.9.

• The fair value of the property holdings was set at SEK 18.2 billion (19.1 at
the turn of the year).

• The net asset value was SEK 61 per share (66 at the turn of the year).

• The consolidated net revenue for comparable holdings amounted to SEK 682
million (666), an increase of 2 per cent.

• The rental vacancy level at the period-end was 6.2 per cent (5.3 at the turn
of the year) and excluding projects in progress 3.6 per cent (2.9 at the turn of
the year).


Stockholm, August 26, 2009

HUFVUDSTADEN AB (publ)


Ivo Stopner
President

Enclosure: Half-year Report January - June 2009

The information in this Half-year Report is information that Hufvudstaden AB
(publ) is obliged to publish according to the Securities Market Act and/or the
Financial Instruments Trading Act. The information was published on August 26,
2009, at 11.20 am. 

Questions can be answered by Ivo Stopner, President, and Magnus Jacobson, Head
of Finance, telephone 08-762 90 00.