SBB expands its involvement with Skellefteå Municipality - acquires rent regulated residentials and community service properties for SEK 1.3bn and builds 1,500 new apartments
Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) has signed an agreement with Skellefteå's public housing company Skebo for the acquisition of Skebo's rent regulated residentials and community properties on Morö Backe at an agreed property value of approximately SEK 1.3bn. The transaction comprises 766 rent regulated residentials and 123 care and nursing apartments. SBB will, together with Skellefteå Municipality, develop building rights to invest an additional SEK 3bn in the construction of 1,500 new apartments in Skellefteå. In order to be able to realise the construction of new