SBB sells a property to Alecta for SEK 460m

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Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) sells the property Mimer 7 in Stockholm to Alecta for SEK 460m, corresponding to a square meter price of SEK 67,597. The property contains 6,805 square meters of premises with a rental income of SEK 14.6m and an estimated net operating income of SEK 13.7m. The closing will take place on 31 March 2020.

“SBB announces the first sale of the planned SEK 11bn disposal, six weeks post the offer period for Hemfosa shares having expired. We continue to prepare the company for a BBB+ rating by continuing to focus on the ownership of community service properties with long leases in the Nordics and rent regulated residentials in Sweden,” says Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB.

For further information, please contact:

Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, +46 70 518 39 67,

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: / +46 84638300). More information about the company is available at