SBB acquires an elderly care home portfolio, where the Municipality of Boden is the main tenant
Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") continues to grow its portfolio of social infrastructure properties through the purchase of seven elderly care homes in Boden. The total lettable area in the portfolio is approximately 61,900 sq.m. and 96% of the rental income is generated directly from the state, the county council or the municipality where the Municipality of Boden contributes with 90% of total rental income. The elderly care homes are located in central Boden. The average contract length in the portfolio is 12 years plus and rental income is approximately SEK 65