Nordea upgrades Balder to Buy (Hold), target price SEK 85

Fastighets AB Balder is a Sweden-based company engaged in the acquisition, development and management of residential and commercial real estate. The Company’s real estate portfolio consists mainly of residential real estate and is located in cities such as Stockholm, Gothenburg, Lund, Malmö, Norrkoping, as well as in regions outside the metropolitan areas of Sweden and in the Copenhagen region. in Denmark. The Company’s subsidiaries are Balder Storstad AB, Balder Mellanstad AB, Din Bostad Sverige AB, Egby Vindkraftverk AB and Serena Properties AB.