SBB sells 18,500 sqm of building rights in Falkenberg, Sweden
Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) acquired a large land area close to the sea in Falkenberg in 2016. The area has been developed with four new residential properties with sea views. SBB continues the success and now sells 18,500 sqm of building rights to a consortium led by local entrepreneurs and the local construction company Peterson and Hansson. The price for the building rights is SEK 5,250 per sqm at the time of completion and an additional SEK 2,000 per sqm in connection with the construction being completed. SBB will also receive a 30 percent share in the upcoming