NCR comments: Stenhus Fastigheter i Norden AB (publ) Q1 2022 report
Portfolio likely to double in third quarter due to proposed Randviken acquisition.
Real Estate
NCR comments: Studentbostäder i Norden AB (publ) Q1 2022 report
Improvement in operating margins, but covenant headroom remains limited.
NCR comments: Stendörren Fastigheter AB (publ) Q1 2022 report
Interest rate and energy hedges provide stability.
NCR comments: NP3 Fastigheter AB (publ) Q1 2022 report
Robust operations drive strong quarterly earnings and solid margins.
NCR comments: Heba Fastighets AB (publ) Q1 2022 report
New acquisitions and projects drive higher quarterly revenues.
NCR comments: Vacse AB (publ) Q1 2022 report
Continued strong performance drives growth in quarterly revenues.
NCR comments: Stenhus Fastigheter makes offer to acquire Randviken
Likely doubling of portfolio size viewed as credit positive.
NCR comments on EPRA LTV guidelines
Attempt to increase comparability in the European real estate sector seen as positive.
NCR comments: Axfast AB (publ) Q4 2021 report
Vacancies set to decline as current projects come on stream.
NCR makes initial assessment of Ukraine conflict on Nordic credit quality
No immediate ratings impact, but effects of conflict will remain under close scrutiny.