SBB's first zooning plan and development agreement in Jordbro with 27,000 sq.m. BTA rental apartments, homes for the disabled and preschool completed

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Samhällsbyggnadsbolaget i Norden AB's ("SBB") first zooning plan of three in central Jordbro has entered into force and a development agreement has been signed with Haninge Municipality regarding 356 rental apartments, 12 homes for the disabled and a new preschool.

In 2017 SBB, together with the Municipality, began the work of transforming Jordbro Centrum. The first zooning plan of three for the new Jordbro Centrum has now entered into force and an exploitation agreement has been signed with Haninge Municipality regarding 27,000 sq m of gross area housing. It is SBB's subsidiary, Sveafastigheter, that will build the homes, which consist of two blocks with a total of 356 rental apartments, 12 homes for the disabled and a new preschool, all built in Miljöbyggnad Silver.

“It is gratifying that we can now start construction of the first of three stages as soon as a building permit has been granted. When everything is finished, this means a big boost for the area with just over 350 new rental apartments in Jordbro Centre”, says Krister Karlsson, Deputy CEO at Samhällsbyggnadsbolaget i Norden AB.

“This is another milestone for the exciting changes that are underway in Jordbro. In parallel with the emerging Vega and Handen City Centre, we are now making major investments in Jordbro, which connects the area when Haninge goes from suburb to city”, says Meeri Wasberg (S), Chairman of the Municipal Board.

“This is an important part of the extensive urban development that is taking place in Jordbro. The development and modernisation of Jordbro Centre are fundamental parts of achieving our ambition with a vibrant, attractive and safe district”, says Petri Salonen (C), Municipal Councilor and Chairman of the City Planning Committee.

SBB is a significant player in Haninge Municipality with ongoing production of just over 400 apartments and approximately 12,000 square meters of community service properties in the form of a municipal school and associated offices that are certified according to Miljöbyggnad Silver. In addition to ongoing production, SBB conducts development of approximately 170,000 sqm of building rights for residential and community service property purposes in Haninge.

For further information, please contact:

Krister Karlsson, Deputy CEO, Samhällsbyggnadsbolaget i Norden AB, krister@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. The Company’s preference shares (ticker SBB PREF) are listed on Nasdaq First North Premier Growth Market. Certified Adviser is Erik Penser Bank (contact: certifiedadviser@penser.se / +46 84638300). Further information about SBB is available at www.sbbnorden.se.

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