Kungsleden stable in times of turbulence
Due to the turbulence now prevalent in the business sector and financial markets in connection with the spread of COVID-19, Kungsleden wants to clarify the following. Kungsleden is standing stable financially and in terms of our customer base.Kungsleden’s equity/assets ratio amounted to 44 per cent at year-end and the loan-to-value ratio was 45.8 per cent. We have no bond or bank loan maturities in 2020. At the same time, we have cash and facilities available to be able to manage all remaining maturities in the capital market in 2021. “Kungsleden has built up a strong balance sheet and