Business concept, goals and strategy

Balder's business concept is to acquire, develop and manage properties for residential and commercial use based on local support in larger cities with a positive development.

Balder wants to be a long-term owner with stable cash flows, satisfied customers and employees who through a high level of activity and efficient management generate good profit from property management. The company generates growth by acquiring, investing in and developing properties while meeting customer needs. 

Financial goals

• Equity/assets ratio: min. 40%
• Net debt to total assets: max. 50%
• Interest coverage ratio: max. 2.0 times