SBB sells a portfolio of residential properties to Kuststaden

Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) sells a portfolio 545 rental apartments in southern Sweden to Kuststaden. The agreed property value exceeds the most recent external valuation.

The properties included in the transaction with Kuststaden comprise a total of 38,900 square meters of residential apartments are sold at an agreed property value of SEK 469.5 million. The apartments are located in three Swedish municipalities: Västervik, Nybro and Vaggeryd.

“The deal shows once again that Swedish rent regulated rental properties are very liquid and safe assets. In addition, it feels right to sell to the team at Kuststaden who have strong local connections and who can continue to develop and refine the properties, "comments Ilija Batljan, CEO and founder of Samhällsbyggnadsbolaget i Norden AB.

SBB's advisor in the deal with Kuststaden has been Tango.

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.