SBB secures an additional SEK 94m in rental income with an average lease length of 18.5 years, of which SEK 63m from elderly care homes and SEK 31m from educational facilities
Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) is currently completing on an elderly care home in Ängelholm and recently commenced building an elderly care home in Östersund. Concurrently, SBB is investing in a new school and preschool in Haninge, where Haninge municipality is the tenant. In addition, new construction of elderly care homes in Borlänge and Gothenburg are already underway. All projects, with a rental value of approximately SEK 94m, will be completed and the tenants will have moved in during the coming 18-month period. Municipal tenants account for just over 87 percent