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Sweden s SBB reports pretax loss of $120 14 million in Q1 2024, ET RealEstate

The troubles at one of Sweden s largest commercial landlords are unfolding as the country attempts to ride out a persistent property crisis, triggered by high debts, rising interest rates and a wilting economy.

Oscar Properties chair departs as bondholders demand repayment

The chair and another board member at Oscar Properties are leaving the group, the struggling Swedish landlord said late on Thursday, as its problems continue to deepen. The statement.

Oscar Properties chair departs as bondholders demand repayment, ET RealEstate

Oscar Properties: The statement followed news that holders of its senior unsecured bonds were seeking immediate repayment of some 884 million Swedish crowns ($81 million).

S&P cuts Sweden s SBB rating to selective default, Real Estate News, ET RealEstate

The property group, which has been scrambling to cut its debt mountain, recently repaid some bondholders a fraction of what they were owed in a tender offer.

Sweden s SBB to buy back debt at 60% discount, Property

Sweden s SBB to buy back debt at 60% discount, Property
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