trending Market Intelligence /marketintelligence/en/news-insights/trending/V0Yyg7OZ_n7wlO5tnJsMkQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Moody's affirms Kungsleden's long-term corporate family rating

Gauging Supply Chain Risk In Volatile Times

The Commercial Real Estate CRE Sector Feels the Impact of the Coronavirus

Credit Analytics Case Study Poundworld Retail Ltd

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Moody's affirms Kungsleden's long-term corporate family rating

Moody's affirmed Swedish real estate company Kungsleden AB's Ba1 long-term corporate family rating, with a positive outlook.

The affirmation reflects Kungsleden's improving performance, as well as a positive and gradual shift in the quality of its property portfolio. The ratings action is also supported by a strong fixed charge coverage of 4.1x and a rise in the company's unencumbered assets to 31% as at Dec. 31, 2018, from 2% in September 2017, according to the report.

The rating agency estimates the company's leverage, as measured by total debt/gross assets, to improve to 45% over the next two quarters, which would protect Kungsleden from any future industry downturn that affects the investment market more quickly than the occupier market.

The positive outlook reflects Moody's expectation that the company will keep loan to value below 50% and improve leverage while continuing to grow unencumbered assets.

The outlook also includes the rating agency's expectation that Kungsleden will maintain the generation of stable cash flows and work on improving the quality of its portfolio, as well as work toward prolonging lease maturity and adopting a balanced growth strategy.