Real Estate

• 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

Nordic Credit Rating (NCR) believes that retail property owners in the Nordic region will face challenges

• Read more about Retail properties under pressure

• Read more about Offentliga Hus i Norden AB (publ)

The rating was withdrawn on 14 Oct. 2021.

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

• Read more about NCR comments: Fastighets AB Stenvalvet 2019Q2 report

Our 'BBB+' issuer and issue ratings for Vacse AB (publ) are unchanged following the publication of its Q2 2019 results.

• Read more about NCR comments: Vacse AB 2019Q2 report