Fastighets AB Förvaltaren's focus on rental housing properties in the dynamic and fast-growing city of Sundbyberg will limit the repercussions from the COVID-19 pandemic. We expect vacancy will remain low, although slightly elevated in 2020 caused by an uptick in nonresidential vacancies. On the back of the city's very strong population growth and housing shortage, we do not foresee any major shifts to Förvaltaren's strategies, focusing on new construction and investments in existing stock. The COVID-19 pandemic will have only limited effects on the company's financial position. Although we anticipate some rental losses in 2020, mainly related to rent discounts for commercial tenants, we believe the rent collection on residential housing will remain solid, supporting Förvaltaren's financial position. The focus