Thanks to Hemsö's strategy for active divestments and refinement of its property portfolio, tangible vacancy risks are diminishing, securing strong asset quality and supporting Hemsö's strong enterprise risk profile. Hemsö has benefitted from a capital injection from its owner, which in our view shows that it intends to abide with its communicated policy as regards Hemsö's capitalization. We are affirming our 'A-/A-2' and 'K-1' ratings on Hemsö. The stable outlook reflects our view that Hemsö will continue reporting strong and stable operating cash flow and debt-service metrics, mitigating risks associated with the company's expansion over the next 24 months. On June 20, 2019, S&P Global Ratings affirmed its 'A-/A-2' long- and short-term issuer credit ratings on Swedish housing provider Hemsö
