Fall in vacant space improves profit for Hufvudstaden

• Profit for the period after tax amounted to SEK 131.4 million (109.7), equivalent to SEK 0.64 per share (0.53).

• The gross profit from property management increased by 19.3 per cent to SEK 202.4 million (169.6) for comparable holdings. The improvement in profit can be attributed mainly to reduced vacant space and lower maintenance costs.

• Net sales for the Group for the period amounted to SEK 303.8 million (281.7).

• The rental vacancy level at the period-end was 5.2 per cent (6.5 at the turn of the year).



Stockholm, May 10, 2007

HUFVUDSTADEN AB (publ)


Ivo Stopner
President





Appendix: Interim report January – March 2007






For further information, please contact Ivo Stopner, CEO, or Magnus Jacobson, CFO, telephone +46 (0)8-762 90 00.