Sweden-based Förvaltnings AB Framtiden's highly predictable revenue stream from rental activities supports the rating. The entity only has limited exposure toward nonresidential tenants, providing resilience on vacancies and rent losses. We affirmed our 'AA-/A-1+' long- and short-term issuer credit ratings on Framtiden. The stable outlook reflects our expectation that the entity will continue to benefit from strong demand and low vacancy rates, and its status as the largest provider of rental housing in Göteborg. On Oct. 26, 2021, S&P Global Ratings affirmed its 'AA-/A-1+' long- and short-term issuer credit rating on Swedish public housing provider Förvaltnings AB Framtiden. The outlook is stable. The stable outlook indicates that, despite a rising debt burden, S&P Global Ratings expects Framtiden's management will stick
