Swedish Landlord Heimstaden Asks Tenants to Pay for Rising Rates
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One of Sweden’s biggest landlords has turned to its tenants to help conserve cash in the face of a sector-wide jump in financing costs.
Privately owned Heimstaden Bostad AB wants to hike the rent for 6,000 apartments in the Southern town of Malmo by 2%, only about five months after reaching a deal to increase rents by 5%. In Sweden, rents are usually negotiated annually by landlords and the tenants association.