NCR comments: Offentliga Hus i Norden AB (publ) Q4 2020 report
Non-recurring costs weigh on earnings.
Real Estate
NCR comments: HEBA Fastighets AB (publ) Q4 2020 report
Residential property market robust with no perceptible impact from COVID-19.
NCR comments: Vacse AB (publ) Q4 2020 report
Revenues remain stable.
Stendörren Fastigheter AB (publ)
Stendörren is a commercial real estate company focusing on properties near central Stockholm and other urban centres in Sweden's Mälardalen region. The company was created when real estate management company Kvalitena AB's warehouse, logistics and light industry property portfolio was organised as a stand-alone company in 2014. Stendörren has two share classes, A and B, with the latter listed on the Nasdaq Stockholm exchange since 2014. Since November 2018, private equity company EQT AB (publ) (EQT) has indirectly controlled 41% of the shares and 58% of the votes in Stendörren.
Sweden’s property sector faces mixed outlook for 2021
The pandemic has accentuated the differences between segments.
2021-outlook
covid-19
NP3 Fastigheter AB (publ)
The rating was withdrawn on 17 Dec. 2024.
Swedish office property managers set to survive lower rents
Highly leveraged operators likely to see the biggest impact if rents fall.
covid-19
NCR comments: LSTH Svenska Handelsfastigheter AB (publ) Q3 2020 report
Our 'BBB-' issuer rating on LSTH Svenska Handelsfastigheter AB (publ) is unchanged following the publication of its third-quarter results.
NCR comments: Svensk FastighetsFinansiering AB (publ) Q3 2020 report
Our 'BBB+' issuer and issue ratings are unchanged following third quarter updates.
NCR comments: HEBA Fastighets AB (publ) Q3 2020 report
Our 'A-' issuer rating on HEBA Fastighets AB (publ) is unchanged following the publication of its third-quarter results.