SBB divests warehouse and industrial properties in Kalmar Municipality to an agreed property value of SEK 340 million

Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) is selling warehouse and industrial properties in Kalmar Municipality to Nyfosa AB. The properties have a lettable area of ​​approximately 36,000 square meters with an annual rental value of SEK 25.7 million. The total agreed property value is SEK 340 million before the deduction for deferred tax of SEK 20 million, which is in line with book value.

"We continue to divest non-strategic properties with the ambition of further strengthening the balance sheet," says Oscar Lekander, Vice President and Chief Operating Officer, Samhällsbyggnadsbolaget i Norden AB.

The deal has been signed and closing will take place on 29 August 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 rentregulated 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.