Announcements
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1/9/2025 Rating announcement EN
Scope affirms BB/Positive issuer rating of Swedish real estate company Fastpartner AB
The affirmation reflects the expected stabilisation in credit metrics thanks to the sharp decline in interest rates but still constrained by risks from the exposure to floating interest rates.

7/9/2023 Rating announcement EN
Scope downgrades Fastpartner AB’s issuer rating to BB/Negative from BBB-/Stable
The rating action is driven by the deterioration observed in the interest cover ratio, which led to a downward assessment of the financial risk profile (BB), standing in contrast to Fastpartner’s stable operations and its unchanged business risk profile.

7/9/2022 Rating announcement EN
Scope affirms its BBB-/Stable issuer rating on Fastpartner AB
The rating action reflects Fastpartner’s stable operations and its unchanged business risk profile (assessed at BBB-) as well as a resilient financial risk profile (assessed at BBB) that can tolerate expected interest rate increases.

31/8/2020 Rating announcement EN
Scope assigns first-time rating of BBB-/Stable to Fastpartner AB
The rating is driven by Fastpartner’s moderate credit metrics, with strong debt protection and a good market position in its home market of Stockholm providing visibility to tenants, and high profitability levels of 70%.