SBB sells 22 properties through various transactions at an agreed property value of SEK 817 million
Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) sells non-core properties in four transactions to four different buyers in Fredrikstad (Norway), Karlshamn and Karlstad as well 426 residential apartments in Ronneby, Sweden. The total agreed property value of SEK 817 million is in line with the latest external valuation.
“We are experiencing a very high demand for our properties with strong cash flows. SBB's transaction team continues to deliver sales with the ambition that SBB will achieve a BBB + rating”, says Oscar Lekander, Chief Business Development Officer, Samhällsbyggnadsbolaget i Norden AB.
For further information, please contact:
Oscar Lekander, Chief Business Development Officer Samhällsbyggnadsbolaget i Norden AB, email@example.com
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: firstname.lastname@example.org / +46 84638300). Further information about SBB is available at www.sbbnorden.se.