Real estate investment company Fastator reported a sharp decline in both sales and losses in the first quarter of 2025. The net asset value fell to SEK 3.44 per share on March 31.

"The company had until March 31 to meet the terms of the refinancing agreement for the parent company's bonds, but due to circumstances related to Bain Capital's investment in Företagsparken, this has not happened. Fastator is planning new procedures to extend the deadline and amend the terms and conditions in order to obtain final approval," writes Aktiespararnas Analysguiden in a commissioned analysis dated June 2.

Analysguiden is lowering its fair value to SEK 1.20 per share and emphasizes that the risk remains very high given the liquidity risk that exists.

Analysguiden had a fair value of SEK 1.50 in an analysis in early March.