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 a healthy mix of properties in our four prioritised markets of Stockholm, Västerås, Gothenburg and Malmö during the past five years. We have a well-diversified customer mix of high quality. We are stable even in these times of turbulence," says Biljana Pehrsson, CEO of Kungsleden.

Kungsleden's tenants comprise 75 per cent offices and 15 per cent logistics, warehouses and industry. Less than 5 per cent of the rental value comprises retail and approximately 4 per cent hotels. Approximately a quarter of the share of retail comprises grocery stores.

The spread of coronavirus is currently affecting most aspects of society. Kungsleden will not be immune to any future payment difficulties among its customers. The requests for rent relief that Kungsleden has received to date are being addressed individually and at present, the impact on the total rent flow is deemed to be limited.

"We are monitoring developments closely and working systematically in both property management and our projects to support our customers in their current situation. Above all, we are taking care of our customers, employees and investors by adopting a responsible approach," says Biljana Pehrsson.