SBB gathers residential assets of SEK 29 billion in Sveafastigheter ahead of broadening of the shareholder base
Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") gathers residential stock and residential development of SEK 29 billion in the subsidiary Sveafastigheter AB, a unique platform for developing and managing high quality residential rental properties in Sweden. Sveafastigheter's occupancy rate is 94 percent and the increase in net operating income over the current year amounted to 13.6 percent in comparable portfolios. Sveafastigheter owns and manages 14,498 apartments, excluding partially owned companies, and has building rights for 15,485 apartments. In addition, SBB has 7,284