Should You Invest In Fastighets AB Balder ser. B?

Fastighets AB Balder is a real estate company that owns, manages and develops residential and commercial properties and hotels in Denmark, Finland, Germany, Norway, Sweden, and the United Kingdom. . As of 30th September, 2019, Balder's real estate portfolio was valued at SEK 133.2 billion. In 2019, Balder acquired four properties in Stockholm, Helsinki and London with a total lettable area of about 28,000 square meters for approximately SEK 1,600 million. This year, Balder also acquired property and building rights in central Gothenburg, for 38,000 square meters of hotel, retail and offices. The Balder share is listed on Nasdaq Stockholm in the Large Cap segment. The company’s financial results for the first nine months of fiscal 2019 include reported profit from property management attributable to parent company shareholders, amounting to SEK 2,970 million, that is, an increase per share of 22%. Interested in learning more about the company? Add this instrument to your watchlist and get the latest updates on BALDB.ST price movements.