SBB has entered into an agreement regarding the divestment of 36 properties at an agreed property value of just over SEK 570m

Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) has entered into a binding agreement regarding the divestment of 36 properties located in Hörby, Mark, Osby, Höör, Mullsjö, Gislaved, Gnesta, Mölndal, Enköping, Mörbylånga, Täby, Lilla Edet, Ale, Vallentuna and Lerum for an agreed property value of SEK 570m, which exceeds the latest external valuation and acquisition price by approximately 10 per cent. Completion will take place during the fourth quarter in 2021.

"We are refining the portfolio and investing in Stockholm, and this sale shows once again that SBB's properties are very attractive and liquid," comments Oscar Lekander, Head of Business Development at Samhällsbyggnadsbolaget i Norden AB.

For further information, please contact:
Oscar Lekander, Head of Business Development, 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.