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Victor Krüeger
  • Victor Krüeger

Oscar Properties - Q3 review

NOI up in ’23e-’24e on Q3 beat and acquisition pipeline Lower CEPS estimates on funding costs Trading ~75% below peers

Victor Krüeger
  • Victor Krüeger

Oscar Properties - Report slightly below ABGSCe

NOI SEK 67m, -6% vs. ABGSCe Value gains of -1.1% vs. ABGSCe +0.4% Occupancy rate of 87% (87% in Q2)

Victor Krüeger
  • Victor Krüeger

Oscar Properties - We await signals on financing

Likely high indexation: positive for rental growth Steep interest hikes limit prospects for the share ~60-70% below peers on P/EPRA NRV ’22-‘24e

Fredrik Stensved ... (+3)
  • Fredrik Stensved
  • Markus Henriksson
  • Victor Krüeger

Sector Fast Comment - Rate hike impact on commissioned coverage

The Swedish Riksbank has hiked the repo rate by 100bps... …we have mapped out how this effects our coverage See sensitivity analysis below

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