Swedish property managers face shift in customer demand
Landscape changes as office employees see benefit of working from home under COVID-19.
covid-19
Real Estate
NCR comments: Intea Fastigheter AB (publ) Q3 2020 report
Our 'BBB+' issuer and issue ratings on Swedish property management company Intea Fastigheter AB (publ) are unchanged following the publication of its third-quarter results.
NCR comments: Fastighets AB Stenvalvet (publ) Q3 2020 report
Our 'BBB+' issuer and issue ratings on Fastighets AB Stenvalvet (publ) are unchanged following the publication of its third-quarter results.
NCR comments: Offentliga Hus i Norden AB (publ) Q3 2020 report
Our 'BB' issuer rating on Offentliga Hus i Norden AB (publ) is unchanged following the publication of its third-quarter results.
NCR comments: Vacse AB (publ) Q3 2020 report
Our 'A-' issuer and issue ratings on Swedish property company Vacse AB (publ) are unchanged following the publication of its third-quarter results.
Bonnier Fastigheter AB
Bonnier Fastigheter dates back to 1856, when the company acquired its first property on Riddarholmen in central Stockholm. Over the years, the property portfolio has evolved, and currently comprises 16 properties in Greater Stockholm and Uppsala. Bonnier Fastigheter is a long-term property owner; eight of the properties have been in the portfolio since 1990 or earlier. The company is one of three legs of the Bonnier family's corporate holdings – the other two being media conglomerate Bonnier Group AB and investment company AB Boninvest.
Correction: Axfast AB (publ) report republished due to a correction for operating leases; 'BBB' rating unchanged
Our 'BBB' long-term issuer rating on Axfast AB (publ) (Axfast) is unchanged following a correction regarding NCR's adjustment for the company's operating leases.
Nordic Credit Rating's view on corporate preferred shares
NCR explains its views on preferred shares when evaluating the financial risk of individual companies.
NCR comments: Fastighets AB Stenvalvet (publ) Q2 2020 report
Our 'BBB+' issuer rating on Swedish property manager Fastighets AB Stenvalvet (publ) is unchanged following the publication of the company's second-quarter results.
NCR comments: Svensk FastighetsFinansiering AB (publ) 2020Q2 report
Our 'BBB+' issuer and issue ratings on Svensk FastighetsFinansiering AB (publ) are unchanged following the recent maturity of bonds and the publication of second-quarter results by its owners.