Today ABG Sundal Collier sponsored research initiates coverage of Aros Bostad. Read the full report here!
Aros Bostad - Quality name operating in a turbulent world
Aros is one of the larger residential developers in the greater Stockholm region. It mainly develops apartments for the mid+ segment but also for the affordable housing segment. Aros operates a relatively slim organisation with e.g. outsourced construction. Aros’ projects are increasingly being developed on its own balance sheet, compared to in fund structures and joint ventures as it has mainly been historically. The company intends to develop a portfolio of investment properties to secure steady income streams. Aros ordinary shares were listed on First North in 2021: the main shareholders are Vencom and ALM (since H2’22).