SBB divests properties in Borås and Kalmar for a total agreed property value of SEK 233 million

Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) is selling the Grönfinken 1 property in Borås containing student apartments and day care operations to HanssonGruppen Invest AB. In addition, the company has sold Elefanten 8 in Kalmar containing a train service depot to Polar Structure AB. The total property value in the transactions amounts to SEK 233 million, which is in line with the latest external valuation. The properties have a total lettable area of ​​8,837 sqm. Total rental income for 2022 amounts to SEK 12,982,000.

"Completely in line with our strategy of strengthened credit ratios, we can present further sales," says Oscar Lekander, Deputy CEO and Chief Operating Officer, Samhällsbyggnadsbolaget i Norden AB.

The deals have been signed and closing will take place on 30 September, 2022.

For further information, please contact:
Oscar Lekander, Deputy CEO and Chief Operating Officer, Samhällsbyggnadsbolaget i Norden AB, oscar@sbbnorden.se

Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is the Nordic region’s leading property company in social infrastructure. The Company’s strategy is to long term own and manage social infrastructure properties in the Nordics and rent regulated residential properties in Sweden, and to actively work with property development. Through SBB’s commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the Company an attractive long-term partner. The Company’s series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm, Large Cap. Further information about SBB is available at www.sbbnorden.se.