On 27th April 2021, Hemnet (OMX:HEM), a Sprints portfolio company, held a successful IPO that underscored its role as the number one property marketplace in Sweden. Today 8 out of 10 Swedish properties are sold on the platform.
Founded in 1998 by the Swedish real estate community, Hemnet has since grown into the uncontested number one player for selling and finding a new home in Sweden.
Hemnet remains as one of the most recognised and trustworthy Swedish media brands, and an online destination with a large and loyal visitor base, showcased by its average monthly visits count of 62.5 million. In 2020, 64.6 million hours were spent browsing on Hemnet, which corresponds to an average monthly time spent of 38 minutes per capita. It is also the most popular property platform in the world in terms of visits per capita and has a brand recognition exceeding 95 percent amongst buyers and sellers.
We are excited about remaining shareholders and continuing our partnership with Hemnet in the years to come.
Visit hemnetgroup.se / Nasdaq OMX.
