Moody's affirms Rikshem's credit rating at A3 with stable outlook

Credit rating agency Moody's Ratings has affirmed Rikshem AB's credit rating at A3, maintaining a stable outlook. The rating reflects the company's portfolio of residential rental properties and facilities for public use in the health and education sectors.

Moody's cited several key factors supporting the rating, including a long average lease duration for public-use properties, a low vacancy rate for residential properties, very good liquidity coverage, and strong ownership support. These elements contribute to Rikshem's financial stability and operational resilience.

Rikshem's business model focuses on owning, developing, and managing properties, with a specialization in residential and public facilities. The company aims to generate stable, long-term cash flows through its real estate portfolio.

The affirmation of the credit rating signals confidence in Rikshem's financial standing and business strategy. The stable outlook suggests that the rating is expected to remain unchanged in the foreseeable future, barring significant adverse changes.