View 
FILTERS (0)
* Not connected to ResearchPool

MORE FILTERS

  
reports
ABGSC Construct. & Real Estate Research ... (+4)
  • ABGSC Construct. & Real Estate Research
  • Fredrik Stensved
  • Markus Henriksson
  • Oscar Lindquist
ABGSC Construct. & Real Estate Research ... (+4)
  • ABGSC Construct. & Real Estate Research
  • Fredrik Stensved
  • Markus Henriksson
  • Oscar Lindquist
ABGSC Construct. & Real Estate Research ... (+4)
  • ABGSC Construct. & Real Estate Research
  • Fredrik Stensved
  • Markus Henriksson
  • Oscar Lindquist
ABGSC Construct. & Real Estate Research ... (+4)
  • ABGSC Construct. & Real Estate Research
  • Fredrik Stensved
  • Markus Henriksson
  • Oscar Lindquist
Jesse Norcross
  • Jesse Norcross

Real estate hybrids/Call me maybe

Key highlights: - Real estate hybrids have performed very strongly since the beginning of 2024. - Following this rally, the subsegment is trading at relatively compressed levels, although the market backdrop and sentiment has certainly improved. - While the space is no longer super cheap, risks have also reduced, including lower extension/non-call risk. Furthermore, spreads and yields remain elevated relative to many other asset classes. - We highlight three real estate hybrid notes that we thi...

Jan Frederik Slijkerman ... (+5)
  • Jan Frederik Slijkerman
  • Jeroen van den Broek
  • Jesse Norcross
  • Nadège Tillier
  • Timothy Rahill

Coffee, Croissants & Credit/Italgas, Kinder Morgan, Klepierre, Unibail...

Utilities - Italgas: Solid 2024 results. Kinder Morgan: Revises outlook to positive and potential rating upgrade

Jesse Norcross
  • Jesse Norcross

Fastighets Balder/New EUR bond looks compelling at IPT

Balder (BALDER) is in the market with a 7-year EUR500m WNG bond today. Initial Price Talk (IPT) at the ms+215bp area looks compelling. We would buy it down to ms+185bp, as spreads look sufficiently attractive compared to peers such as Heimstaden Bostad, Castellum, and Akelius, at those levels. However, we do think the deal may end up pricing tighter than this, as demand could be strong.

Loading...
New interest

Save your current filters as a new Interest

Please enter a name for this interest

Email alerts

Would you like to receive real-time email alerts when a new report is published under this interest?

Save This Search

These search results will show up under 'Saved searches' in the left panel

Please enter a name for this saved search

ResearchPool Subscriptions

Get the most out of your insights

Get in touch