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Heimstaden: Heimstaden appoints Søren Vendelbo Jacobsen as co-CIO

Heimstaden announces the appointment of Søren Vendelbo Jacobsen, 39,
as co-CIO as of 1 February 2020. Søren Vendelbo Jacobsen will
together with CIO, Christian Fladeland be responsible for the
development and execution of the group's investment strategy.

Søren comes from a position as Head of Real Estate & Infrastructure at
Sampension in which he has led the company's investment and portfolio
strategy and the execution of investments also including the overall
asset management responsibility. Prior to joining Sampension, Søren
held a position within Sadolin & Albæk's analysis and valuation

"I have known Søren since we were both employed at Sadolin & Albæk and
a mutual professional as well as personal respect evolved alongside
our close cooperation. Heimstaden is dedicated to "Sustainable
Footprint - Strong Financials" and hence we need to continuously
widen our investment team to ensure continued high quality
investments of the equity provided by our institutional shareholders.
Søren is my absolute first choice as co-CIO and I look forward to
continuing the development of the investment team together with him",
says Christian Fladeland, CIO at Heimstaden.

"There has been a remarkably high pace within the investment team
since Christian's commencement as CIO in January 2019 and to take the
team to the next level we have identified a need for further
leadership resources. The management and the board have met Søren and
we all consent to Christian's statement. Søren is professionally and
analytically strong and has a great personality", says Patrik Hall.

"Heimstaden has a visionary and operational owner possessing great
financial strength to ensure continuous growth", Søren Vendelbo
Jacobsen says and continues: "I look forward to leading and to
further developing the dynamic and ambitious investment organization
as well to contributing to further expand the Nordic and European

For further information, please contact:

Patrik Hall, CEO +46 705 85 99 56

Christian Fladeland, CIO +45 60 60 68 88

Heimstaden AB (publ)

Östra Promenaden 7 A, 211 28 Malmö,

Organisationsnummer 556670-0455, Bolagets säte Malmö,

Telefon, växel 0770 - 111 050,,

Heimstaden is a leading real estate company in Northern Europe, with a
focus on acquiring, refining, developing and managing housing and
premises. Through our values, care, innovation and authenticity, we
create values for our owners and caring homes for our tenants.
Heimstaden has about 52 300 apartments and a property value of
approximately SEK 108 billion value. Heimstad's preference share is
listed on Nasdaq First North Premier. The head office is located in
Malmö. Certified Adviser is Erik Penser Bank aktiebolag, +46 8-463 83
00 and For more information, see


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