Moody’s affirms Vasakronan’s rating of A3, stable outlook
As before, the strong rating is based on the high quality of Vasakronan’s property portfolio, a high share of public sector tenants, healthy financial metrics and the strong links to the company’s owners, the First, Second, Third and Fourth Swedish national pension funds.Moody’s highlighted in particular the company’s high proportion of environmentally certified properties in its analysis. In addition to lower operating expenses, Moody’s notes that environmentally certified properties ensure the long-term attractiveness and competitiveness of the property portfolio. As of 31 December 2022,