SBB has entered into an agreement with Oscar Properties Holding AB to sell a SEK 1.4bn property portfolio including SBB’s joint venture Valerum
Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) has entered into an agreement, subject to financing, with Oscar Properties Holding AB publ (”Oscar Properties”) to sell a property portfolio for SEK 1.4bn (the ”Sale”). The Sale includes two office buildings directly owned by SBB and the remainder consists of SBB’s 50 per cent joint venture Valerum. The total property value of SEK 1.4bn is in line with the latest external valuation. The Sale is conditional upon Oscar Properties receiving the necessary debt financing and an equity injection. ”SBB’s transaction team continues to deliver