Fastighets AB Balder (LTS:0H2Z)
kr 76.26 0.2 (0.26%) Market Cap: 90.75 Bil Enterprise Value: 235.08 Bil PE Ratio: 0 PB Ratio: 1.07 GF Score: 74/100
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Q2 2020 Fastighets AB Balder Earnings Call Transcript

Jul 16, 2020 / 06:45AM GMT
Release Date Price: kr61.59 (+1.44%)
Operator

Hello and welcome to the interim report January to June 2020. (Operator Instructions) I will now hand you over to your host, CEO, Erik Selin, to begin today's conference. Thank you.

Erik Selin;publ;CEO;Director
Fastighets AB Balder

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Hi. Thank you, and welcome, everybody. It's me here and also Jesper MÃ¥rtensson, CFO of Balder. So welcome to this update of Q2 for Balder.

Starting on Page 2, some comments about COVID. Obviously, we have close contact with tenants that are most affected of this, and that is the hotel segment and city retail. In some cases we have give them some support, could be deferred rental payments or some rebates in some cases. But overall, the situation is quite much better than it was a couple of months ago, obviously. So for this quarter, it seems to be much calmer.

On the investment side, we took possession of a couple of properties in Gothenburg and one in Oslo and also some land that we're going to build resis on. And we also divested some development properties

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