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Forecast intact and limited revisions. Bankruptcies keep increasing (from low levels). We reiterate HOLD, valuation in line with hist. avg.
Performance and valuation data for Nordic real estate stocks as of 19 April 2024.
Performance and valuation data for Nordic real estate stocks as of 12 April 2024.
Performance and valuation data for Nordic real estate stocks as of 5 April 2024.
Two more quarters of negative CEPS growth. Sale of Söderport would take net LTV -7pp and allow Nyfosa to be opportunistic again.
Swedish economy set to outperform in 2025, with buoyant conditions for real estate. Tables have turned since January – more BUYs than SELLs.
Performance and valuation data for Nordic real estate stocks as of 29 March 2024.
Performance and valuation data for Nordic real estate stocks as of 22 March 2024.
Performance and valuation data for Nordic real estate stocks as of 15 March 2024.
Performance and valuation data for Nordic real estate stocks as of 8 March 2024.
Performance and valuation data for Nordic real estate stocks as of 1 March 2024.
Performance and valuation data for Nordic real estate stocks as of 23 February 2024.
Relatively weak occupancy and leasing in 2022/2023. We are ~3.5% ahead of company 2024 IFPM forecast. 2024e P/CEPS at ~14x, we keep HOLD and TP SEK 85.
Performance and valuation data for Nordic real estate stocks as of 16 February 2024.
Performance and valuation data for Nordic real estate stocks as of 9 February 2024.
Performance and valuation data for Nordic real estate stocks as of 2 February 2024.
Performance and valuation data for Nordic real estate stocks as of 26 January 2024
Performance and valuation data for Nordic real estate stocks as of 19 January 2024
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