SBB develops a new police station in Sälen, Sweden

Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”), via its subsidiary Hemfosa Fastigheter AB, develops another police station. The Police Authority’s property management division has commissioned SBB to build a police station in Sälen, Sweden, totalling 3,500 sq m.

The Police Authority has developed a strategy for the development of its operations until 2024. Strategy 2024 includes, amongst others, a new vision, an updated operations idea and revised targets for the Police Authority. To be able to implement Strategy 2024, the Police Authority’s premises need to be expanded and developed.

“It is with great enthusiasm that we commence the project to cater for a new police station in Sälen, Sweden. In close cooperation with the Police Authority, we will create a modern police station that meets the requirements of Strategy 2024," says Krister Karlsson, Deputy CEO, Samhällsbyggnadsbolaget i Norden AB.

The new police station will be built centrally in Sälen and, based on its location and design, is deemed to be able to meet the needs of the Police Authority.

The police station is planned to be completed during the fourth quarter 2023. The lease for the new police station is expected to be signed during the third quarter 2020. The term of the lease is 15 years, commencing in 2023.

For further information, please contact:

Krister Karlsson, Deputy CEO, Samhällsbyggnadsbolaget i Norden AB, +46 70 352 56 65, krister@sbbnorden.se

About Samhällsbyggnadsbolaget i Norden AB (publ)

The company’s strategy is to own, manage and develop community service properties throughout the Nordic region and rental apartments in growth regions in Sweden. Through the company's commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the company an attractive long-term partner. At the beginning of 2018, SBB was named the winner of the Real Estate Company of the Year Award for 2017. The company’s series B shares (short name SBB B) and D shares (short name SBB D) are listed on Nasdaq Stockholm, Large Cap. The company’s preference shares (SBB PREF) are listed on Nasdaq First North Premier Growth Market. Certified Adviser is Erik Penser Bank (contact: certifiedadviser@penser.se / +46 84638300). More information about the company is available at www.sbbnorden.se.