2024-04-20 08:00:00 ET
Summary
- Fastighets Balder continues to trade at a discounted valuation despite resilient operating performance.
- Balder's property portfolio value declined in 2023 due to rising interest rates, but rental income and occupancy rate remained stable.
- Balder's focus on balance sheet deleveraging and lower capital expenditures indicate a priority on strengthening its financial position.
Fastighets Balder ( OTC:BALDF ) continues to trade at a discounted valuation, which seems to be undemanding considering the resilient operating performance reported in recent quarters....
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Fastighets AB Balder: Resilient Operating Performance And Discounted Valuation