SBB has signed a letter of intent to divest a property portfolio at an agreed property value of approx. SEK 9 billion

Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") has signed a letter of intent to divest a property portfolio at an agreed property value of approximately SEK 9 billion. The buyer is an institutional investor. Total agreed property value for the portfolio before the deduction for deferred tax is in line with the book value as of the second quarter of 2022. The intention is to sign and close the portfolio divestment on 31 October, 2022.

SBB has been advised by  ABG Sundal Collier.

This disclosure contains information that Samhällsbyggnadsbolaget i Norden AB is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 08-09-2022 04:07 CET.

For further information, please contact:

Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, ilija@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.