Key attributes highlighted by Fitch include:
- Strong position as one of the leading residential property companies in Europe with large scale exposure to high-quality, residential assets.
- Broad geographic footprint across markets with favourable fundamentals.
- Diversified exposure to regulatory regimes, economic and demographic trends.
- Positive and complementary addition of high-quality Akelius portfolios.
“This investment grade rating reflects Heimstaden Bostad’s strong position as one of Europe’s leading and most diversified residential real estate companies’ and is a positive confirmation of our long-term strategy and financial stability,” said Heimstaden CFO, Arve Regland.