SBB acquires 70 per cent of the shares in the rent regulated residentials company Unobo from Riksbyggen for an agreed share price of SEK 2,064m
Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) has acquired 70 per cent of the shares in Riksbyggen’s rent regulated residentials company Unobo for a share price of SEK 2,064m. Unobo currently owns 5,368 apartments in metropolitan regions and / or university towns with a total lettable area of 372,000 sq.m. and an annual rental income of SEK 432m. In addition to SBB, Unobo will be owned by Riksbyggen by up to 30 per cent. Over time, there is an ambition to expand list of owners to also include institutional investors. In addition to the 5,368 apartments owned by Unobo, the company