SBB acquires SEK 1.2bn social infrastructure portfolio
Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") continues to grow its portfolio of social infrastructure properties through the purchase of 14 assets from Hemsö that include elderly care homes, health centres and education properties located in Stockholm and Västra Götaland for approximately SEK 1.2 bn. The portfolio is located mainly in Stockholm (60%) and 94% of the rental income is generated from activities financed by public funds, of which 61% come directly from the state, county council or municipality with a focus on care and education facilities. The average contract length in