Real Estate

Our 'BBB+' issuer and issue ratings for Vacse AB (publ) are unchanged following the publication of its first-quarter results.

• Read more about NCR comments: Vacse AB (publ) 2020Q1 report

The COVID-19 pandemic is likely to have a strong negative impact on the Nordic commercial property sector. covid-19

• Read more about COVID-19 response upends Nordic commercial property market

NCR outlines how it takes ESG factors into consideration when assessing corporates. esg

• Read more about ESG factors in corporate ratings

Our 'BBB+' credit rating for Fastighets AB Stenvalvet (Stenvalvet) is unchanged following the publication of the fourth quarter (Q419) and full-year 2019 results yesterday.

• Read more about NCR comments: Fastighets AB Stenvalvet 2019Q4 report

• Read more about Svensk FastighetsFinansiering AB (publ)

Svensk FastighetsFinansiering AB (publ) (SFF) is a joint venture founded in 2014 with common stock divided equally among Fabege, Catena, Diös, Platzer and Wihlborgs. The company is a financing vehicle for its owners, issuing secured debt and green bonds for selected CRE properties associated with its owners' core business in accordance with the prospectus for its medium-term note (MTN) program. SFF is the only source of secured capital market financing for each of its owners and by pooling the assets of the owner companies provides its owners with an alternative to bank financing.

Our 'BBB+' issuer and issue ratings for Vacse AB (publ) are unchanged following the publication of its year-end results.

• Read more about NCR comments: Vacse AB 2019Q4 report

Our 'BBB+' issuer and issue ratings for Fastighets AB Stenvalvet (Stenvalvet) are unchanged following the publication of its third quarter results.

• Read more about NCR comments: Fastighets AB Stenvalvet 2019Q3 report

Our 'BB-' long-term issuer rating for Offentliga Hus i Norden AB (publ) (Offentliga Hus) is unchanged following the publication of its third-quarter results.

• Read more about NCR comments: Offentliga Hus i Norden AB (publ) 2019Q3 report

In this commentary NCR describes its view of the various features of corporate hybrid instruments and explains how they affect our view on equity treatment in our corporate credit analysis.

• Read more about Nordic Credit Rating's view on corporate hybrid securities

Today Nordic Credit Rating AS (NCR) published an update to its Rating Principles methodology. The changes have no impact on NCR's existing ratings.

• Read more about Nordic Credit Rating updates its Ratings Principles methodology