Report
Staffan Bulow ...
  • Tobias Kaj

Amasten - Attractive exposure to rental apartments

Recurring PTP of SEK 33m vs. ABGSCe of SEK 34m CEPS and NAVPS CAGR of 38% and 13% ’20-‘22e P/EPRA NAVPS of 113% is lowest among peers
Underlying
Amasten Fastighets AB

Amasten Fastighets AB (publ), formerly Amasten Holding AB (publ), is a Sweden-based real estate company. Through its subsidiary, Amasten Bostader AB, the Company owns and rents residential and commercial properties, which are located in such Swedish cities, as Helsingborg, Landskrona, Karlshamn and Solleftea. Its property portfolio consists of premises built in the 1960s and 1970s, with frames and facades made of stone. Its customers are primarily private customers, as well as corporate customers, who rent shopping, office and restaurant premises.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
Staffan Bulow

Tobias Kaj

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