SBB has entered into agreements for the sale of 46 properties for an agreed property value exceeding SEK 1bn
Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") has entered into agreements for the sale of 46 properties, mainly within office, LSS and HVB segments, located foremost in the mid- and southern part of Sweden. The sale is carried out to an agreed property value exceeding SEK 1bn which exceeds the book value with approximately 10 per cent.
"The asset sale shows once again that SBB’s property portfolio, including non-core assets with strong cash-flows, is highly liquid and attractive,” comments Ilija Batljan, CEO and Founder of SBB.
For further information, please contact:
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, +46 70 518 39 67, email@example.com
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: firstname.lastname@example.org / +46 84638300). More information about the company is available at www.sbbnorden.se.