contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


fastighets-ab-balder-balder-has-determined-the-exchange-ratio-for-the-distribution-of-shares-in-norion-bank

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Balder is a real estate company. The main focus is on the management and further development of commercial properties throughout the Nordic market. The properties are managed with a long-term vision of being an active and long-term owner, mainly through ownership and board representation. The real estate investments are mainly found in large cities and growth areas. Balder was founded in 2005 and has its headquarters in Gothenburg.

Thank you very much for all the answers here! I read a new real estate report from Handelsbanken in Sweden which was somewhat positive with the heading “Light at the end of the tunnel”. “We see a glimmer of hope for both households and property owners. The construction industry is gradually strengthening, and the rapid rearmament of total defense is driving the construction of shelters, ports, and training facilities. However, the general housing shortage in the country has decreased, and population growth is slowing down, which limits the increase in residential construction,” says Christina Nyman, Chief Economist at Handelsbanken.” For Balder specifically, this might not say much, but my focus was more on the real estate sector in general. Handelsbanken mentions that they expect housing prices to rise by about 6 percent in 2026. This might not say much in the grand scheme of things, but I choose to see the positive in that the sector might have a slightly better period ahead.

Balder owns 57% of Satosta, and through this, Balder may gradually become increasingly known to Finns.

Speaking of banks: Balder owns 44.1% of Norion Bank. The value of that ownership is currently about 6 billion SEK.

I have kept an eye on Balder, among other reasons because they also have holdings in Finland. However, I encounter the same issue here as with all other real estate investment companies, namely, that there isn’t enough transparency. I don’t doubt that Erik Selin is competent in his field, but it would require enormous work and expertise to gain sufficient clarity on the company’s real estate investments and their expected returns. Ultimately,

Hey! I’m curious about your general thoughts on the real estate sector, but especially on a Swedish listed company called Balder. Briefly, my thoughts: The real estate sector has undergone a significant transformation in recent years. After several years of record-low interest rates, rising property values, and high leverage, conditions changed rapidly when central banks began raising interest rates in 2022 and 2023. But now, in 2024 and 2025, the market has started to stabilize somewhat. Inflation has fallen back, and is it a good time for real estate stocks? Balder was founded in 2005 and has since grown into a significant Nordic real estate group. The company operates as a long-term owner with local roots in residential, commercial properties, and new production in larger towns. Since its listing on Nasdaq Stockholm in 2005, Balder has transitioned from a smaller player to owning nearly 2,000 properties with a property value of over SEK 220 billion. The company’s strategy has been to combine its own management, local presence, and growth through acquisitions and development. The CEO of Balder is Erik Selin, who has been with the company since its early days and is also a significant owner and a person many investors in Sweden are familiar with. It’s worth noting that Selin, through his large ownership and influence, has a strong commitment, which can be both a strength and an aspect to monitor from an ownership perspective. A brief summary of Balder’s Q3 report:   Rental income: SEK 10,269 million (compared to SEK 9,543 million the previous year)   Profit from property management: SEK 5,176 million (previous year SEK 4,838 million), corresponding to SEK 4.03 per share (compared to SEK 3.84) for the parent company’s shareholders.   Profit after tax attributable to the parent company’s shareholders: SEK 5,851 million (SEK -117 million the year before) corresponding to SEK 4.92 per share.   However, there’s still a bit to prove after the report. For example, the solidity was below the company’s own target (38.2% vs target 40%) and Net Debt/EBITDA was also slightly above the target (11.9x vs target maximum 11x), which indicates some leverage risk.  And it’s a sensitive industry where the differences between companies are significant: players with high leverage or exposure to office properties in major cities have had a tougher time, while companies focusing on residential and community properties, like Balder, have fared better. I’ve invested in the company this year as I think it’s an interesting position for the industry as a whole. Is there anyone here on the forum who has looked at Balder or any other competing company?

Balder

Fastighets AB Balder (publ) ("Balder") has determined the final exchange ratio in connection with the distribution of Balder's shares in Norion Bank AB (publ), as resolved by the annual general...

<div class="abstract">Fastighets AB Balder (publ) ("Balder") has determined the final exchange ratio in connection with the distribution of Balder's shares in Norion Bank AB (publ), as resolved by the annual general meeting on 8 May 2026.</div>The distribution comprises a total of 90,501,180 shares in Norion Bank, corresponding to approximately 47.7 per cent of the total number of shares in Norion Bank. One (1) share in Balder (regardless of share class) entitles the holder to 0.0769 shares in Norion Bank. Balder holds 13,500,000 treasury shares of series B, which are not entitled to the distribution.The record date for the distribution is 12 May 2026. Balder's shares will be traded excluding the right to the distribution of shares in Norion Bank as from 11 May 2026.Only whole shares in Norion Bank will be distributed, with fractions rounded down. Excess fractions will be aggregated and sold through a central sale on Nasdaq Stockholm, whereby the shareholders concerned will receive a cash amount corresponding to the value of the fractions. &nbsp;For further information, please contact: Eva Sigurgeirsdottir, Chief Accounting Officer, +46 (0)31-10 99 13, <a href="mailto:eva.sigurgeirsdottir@balder.se">eva.sigurgeirsdottir@balder.se</a> &nbsp;<div></div>