Samhallsbyggnadsbolaget I Norden AB
F:JSI
If you don’t study any companies, you have the same success buying stocks as you do in a poker game if you bet without looking at your cards.
Utilize notes to systematically review your investment decisions. By reflecting on past outcomes, you can discern effective strategies and identify those that underperformed. This continuous feedback loop enables you to adapt and refine your approach, optimizing for future success.
Each note serves as a learning point, offering insights into your decision-making processes. Over time, you'll accumulate a personalized database of knowledge, enhancing your ability to make informed decisions quickly and effectively.
With a comprehensive record of your investment history at your fingertips, you can compare current opportunities against past experiences. This not only bolsters your confidence but also ensures that each decision is grounded in a well-documented rationale.
Do you really want to delete this note?
This action cannot be undone.
| 52 Week Range |
0.2923
0.5874
|
| Price Target |
|
We'll email you a reminder when the closing price reaches EUR.
Choose the stock you wish to monitor with a price alert.
This alert will be permanently deleted.
Samhallsbyggnadsbolaget I Norden AB
Samhällsbyggnadsbolaget i Norden AB operates as a real estate company. The company is headquartered in Stockholm, Stockholm. The company went IPO on 2014-11-12. The company cooperates with municipalities and other tenants on a long-term basis. The firm operates Offentlige Bygg AS as subsidiary.
Samhällsbyggnadsbolaget i Norden AB operates as a real estate company. The company is headquartered in Stockholm, Stockholm. The company went IPO on 2014-11-12. The company cooperates with municipalities and other tenants on a long-term basis. The firm operates Offentlige Bygg AS as subsidiary.
Debt Reduction: SBB has reduced its debt by close to SEK 39 billion over the past 21 months and continues to prioritize further debt reduction.
Stable Operations: Like-for-like rental income increased by 3.9% and net operating income rose by 3.0% year-on-year, with occupancy at 94%.
Property Values: Property values decreased by 2.1%–2.8% during the quarter, but management expects valuations to stabilize and eventually improve.
Low Funding Costs: Average interest rate on debt remains low at 2.2%, with 62% of debt maturing after 2026.
Strategic Restructuring: SBB continues to restructure into three business units (Community, Residential, Education), aiming for transparency, simplified structures, and potential IPOs or capital raises.
Dividend Payout: SBB plans to pay previously deferred dividends in 2024 and expects to pay the hybrid coupon after that.
Liquidity Focus: Management highlighted ongoing efforts to improve liquidity, balancing asset sales, refinancing, and potential equity raising.
