Erik Rune becomes the new president and CEO of Claesson & Anderzén AB and chairman of the board of CA Fastigheter AB

The board of Claesson & Anderzén AB has appointed Erik Rune as CEO, taking office no later than November 15 this year. At the same time, Erik will take over as chairman of the board for CA Fastigheter AB.

Erik has many years of experience from leading positions in the property industry, including as CEO of Holmströmgruppen and Managing Director of London & Regional Properties’ Nordic operations. He has also worked with property financing at SEB and Eurohypo. In recent years, Erik has been running his own consulting business combined with various board assignments.

”Erik will be a strong addition with his broad background from real estate and financing but also from tech and startups. These are experiences that CA will greatly enjoy,” says Johan Claesson, chairman of Claesson & Anderzén AB.

”CA is a well-managed group with a long history, strong position and exciting operations both within and outside of Sweden. I am both honored and happy about the opportunity to further develop the company together with my new colleagues,” says Erik Rune.

Erik succeeds Johan Damne, who is leaving after leading the CA Group successfully for 35 years.

For questions, please contact Claesson & Anderzén AB’s chairman Johan Claesson, johan.claesson@claessonanderzen.com or 070-5471636.

Johan Damne steps down after 35 years in the CA Group

Johan Damne has today informed the board that he wishes to resign as CEO of Claesson & Anderzén AB and chairman of the board of CA Fastigheter AB.

”- Although it is news, I have known about this for a long time, it is still with great sadness that I communicate that Johan has decided to leave CA. Johan’s outstanding ability to keep the group unified and execute big and small matters has been decisive for our success. During Johan’s years, we have grown from being a mainly local real estate company, to one, if not international, then at least an investment company with several international investments in a number of different industries. Together with the entire Claesson family and our employees, we thank Johan for this time and wish him all the best in the future”, says Johan Claesson, chairman of Claesson & Anderzén AB, in a comment.

”- The years go by and my decision to step down has grown recently. Having the privilege of leading a group like CA for a very long time is demanding and requires energy, power and new ideas. The timing of various decisions is always difficult, but I feel that the CA Group today is very well equipped for the future. All of our portfolio companies today have very competent organizations in combination with strong balance sheets, which is why it feels good to hand over the reins. Together with Claesson family and all my colleagues, I have been able to participate in developing the CA Group from the real estate crisis of the 90s to today, which has been both fun, challenging and stimulating. The loss of the CA group, all colleagues and partners will be great, but now I am looking forward to new challenges”, says Johan Damne in a comment.”

Johan will remain in all his functions until his successor is appointed. The recruitment of successors has already begun and is hoped to be completed during the autumn.

 

For questions, please contact Claesson & Anderzén AB’s chairman Johan Claesson, johan.claesson@claessonanderzen.com or 070-5471636.

or

Johan Damne, johan.damne@claessonanderzen.com or 070-5860330

Year-end report 2019

Claesson & Anderzén AB has published its annual report for 2019. The annual report can be downloaded from the website: www.claessonanderzen.com.

Rental income amounted to SEK 626 M (587) during 2019 and the operating surplus of the property management amounted to SEK 392 M (360). The Group’s total management volume increased during the year and the increase was mainly concentrated to the Stockholm region. The occupancy rate at the end of the year was 94 % (93).

Only one property sale was completed in 2019, the sale of a commercial property in Jönköping. Profit from property sales amounted to SEK 283 M (265). The department of construction has had an increased focus on construction projects intended for own management. The result from external projects in 2019 amounted to SEK 13 M (50).

The agricultural operations’ earnings in 2019 amounted to SEK 1 M (115). The decline in earnings is due to negative weather conditions and a great strengthening of the Ukrainian currency during the later part of the year. Weather conditions, mainly in the form of unfavorable rainfall, has had a negative impact on growth and the volume produced has thus decreased. The sale of grain is mainly priced in USD and the stronger domestic currency has meant that the revenue in local currency, which is mostly realized at the end of the year, has decreased as a result of the domestic currency appreciation.

The Group’s net financial income improved significantly in 2019 compared with the previous year. Net financial items in 2019 amounted to SEK -58 M (-308). Net financial items include the Group’s holdings in Catella AB (publ), which is reported as an associated company. At the end of 2019, the Group’s average loan interest rate was 2.30 % (2.75).

Consolidated profit after tax in 2019 amounted to SEK 359 M (263). The equity/assets ratio, not taking into account market values, was 41 % (42) at the end of 2019. The total value of the Group’s property portfolio is assessed at the closing rate, based on external valuations amounting to SEK 12.9 billion (11.6, not external valuation). Adjusted equity/assets ratio is thus 61 % (66).

The Group is well prepared for the future with strong cash flows, a low loan-to-value ratio and a well-differentiated project portfolio.

 

PRESSMEDDELANDE

 

CA koncernen ökar sitt innehav i Arise AB (publ) 

Claesson & Anderzén AB har idag via ett dotterbolag ökat sitt ägande i Arise AB (publ). Totalt har 2 950 000 aktier förvärvats motsvarande 8,79 % av bolagets utestående aktier.

Efter förvärvet har CA koncernen, inklusive dess ägare, ett innehav uppgående till 10 050 783 aktier motsvarande 29,96 %.

 

För mer information vänligen kontakta:

VD, Johan Damne, +46705860330  eller

Ordförande, Johan Claesson, +46705471636