Stable results and high net lettings for the full year

Strong results and increased revenue

Vasakronan was once again ranked as one of the absolute world-class property companies according to GRESB. Vasakronan was assessed in two large, competitive segments. The company’s investment portfolio was categorised in the “office/retail” segment and project development was categorised in the “office” segment. In both cases, Vasakronan was named as global sector leader.

Strong net lettings at SEK 187 million

Strong new lettings and increased revenue

As before, the strong rating is based on the high quality of Vasakronan’s property portfolio, a high share of public sector tenants, healthy financial metrics and the strong links to the company’s owners, the First, Second, Third and Fourth Swedish National Pension Funds.

Strong results and increased revenue

As before, the strong rating is based on the high quality of Vasakronan’s property portfolio, a high share of public sector tenants, healthy financial metrics and the strong links to the company’s owners, the First, Second, Third and Fourth Swedish National Pension Funds. Moody’s sees continued strong demand for offices and retail space in Vasakronan’s locations.

Strong lettings in the first six months

The EIB green energy loan facility is unsecured and provides Vasakronan with flexible financing with a maturity of up to 10 years. Vasakronan has the option of drawing the loan over a three-year period in several tranches. The loan facility supports the new construction and renovation of five properties, all of which have a low energy consumption and climate impact.