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Swedish property giants write down billions as prices crash

SBB, Sweden’s largest commercial landlord, wrote down the value of its property by more than 13 billion crowns (S$1.69 billion). Read more at straitstimes.com.

Swedish property giants write down billions as prices crash

-Two of Sweden s largest property companies on Tuesday announced multibillion-crown writedowns in their 2023 results, dealing fresh blows to their beaten-down shares even though both voiced hopes the. -February 27, 2024 at 06:03 am EST - MarketScreener

Landlord Heimstaden Bostad Scraps Dividends to Protect Rating

Landlord Heimstaden Bostad Scraps Dividends to Protect Rating
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Sweden Property Crisis: Swedish property giants write down billions as prices crash, ET RealEstate

Sweden Property Crisis: Heimstaden s preferential shares dropped more than 30% after Fitch cut its credit rating deeper into so-called "junk" territory and the company said it would defer hybrid bond interest payments. SBB shares fell more than 4%.

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