SBB has signed new leases with a rental value of approximately SEK 314 million during the contract period
Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) has signed new lease agreements for approximately 21,100 square meters and with a rental value of approximately SEK 314m during the contract period. The largest tenant is the Swedish Government through the Police Authority, the Employment Service Agency and the Social Insurance Office as well as a private elderly care operator. The WAULT for the newly signed lease is 9.8 years.
"SBB's experienced property management organization continues to deliver during challenging times as well. The lease agreements ensure well-functioning premises for the important functions of society and secure cash flow for SBB," says Lars Thagesson, Deputy CEO and Chief Operating Officer.
For further information, please contact:
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, +46 70 518 39 67, ilija@sbbnorden.se
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: certifiedadviser@penser.se / +46 84638300). More information about the company is available at www.sbbnorden.se.