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 CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    ...CompanyTagList
    id
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... 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
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
      id
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... 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
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

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


fastpartner-negative-value-changes-of-5percent-abg

__typename

title

isPremium

lang

htmlBody

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Fastpartner is a company operating in the real estate industry and focuses on the acquisition, development and management of commercial properties. The company's portfolio includes office and retail properties. The operations are primarily concentrated on the Swedish market. Fastpartner was founded in 1987 and is headquartered in Stockholm.

Fastpartner

Recurring PTP growth of -27% y-o-y, 14% below ABGSCe In Q4’22, Fastpartner (FPAR) reported rental income of SEK 502m (469m) vs ABGSCe at SEK 521m. NOI increased 6% y-o-y to SEK 340m, -4% vs ...

Recurring PTP growth of -27% y-o-y, 14% below ABGSCe In Q4’22, Fastpartner (FPAR) reported rental income of SEK 502m (469m) vs ABGSCe at SEK 521m. NOI increased 6% y-o-y to SEK 340m, -4% vs ABGSCe. Recurring PTP of SEK 180m (247m) was -14% vs ABGSCe at SEK 209m. The occupancy rate was 92.5% (92.4% in Q3’22). DPS is proposed to SEK 0.50 (2.20), vs ABGSCe at SEK 2.20 and DPS to D-shares is also cut, to SEK 2.50 (5.00). Moody's has previously put FPAR on a negative outlook, and the dividend cuts are manoeuvres to keep its Baa3 rating (Investment Grade). FPAR is working with relatively short interest maturity and is affected more than the sector average by the rapid increase in interest rates. In Q4'22, the average interest rate was 3.7% (2.9% in Q3’22 and 1.6% in Q4’21). Moreover, FPAR has adjusted its view on project development, taking a more cautious stance on new developments and instead focus on tenant adaptations. EPRA NRVPS -7% q-o-q to SEK 107 Property value changes amounted to SEK -1,760m or -4.7% (ABGSCe -2.1%) — key peers in Stockholm (Atrium Ljungberg and Fabege) reported property value changes of -2.4% and -4.1%, respectively. The valuation yield increased by ~50bps q-o-q to 4.8% (and up ~40bps y-o-y). Reported EPRA NRV per share amounted to SEK 107 vs Q3'22 at SEK 115. Net LTV was 45.8% (42.7% in Q3’22). Investments in projects and tenant adjustments in Q4'22 amounted to SEK 201m (249m) and 747m TTM (777m), compared to FPAR’s ambition of SEK 600-800m per year. Trading at P/CEPS ~21x vs five-year average of ~23x The share is trading at ~21x 2023e CEPS and at a ~19% discount to reported EPRA NRV, compared to its 5-year average of 23x and a 3% premium.