SBB sets up new business division with focus on government infrastructure

Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) sets up a new business division: SBB Government Infrastructure. SBB will acquire properties within government infrastructure with a special focus on ministry and government buildings, prison properties and defence properties. The business division will be led by former Wing Commander and Colonel (ret) Fredrik Hedén who will be assisted by an Advisory Board consisting of the following: former Army Chief Major General (ret) Berndt Grundevik, Anne-Grete Strøm-Erichsen, former Air Force Chief Major General (ret) Mats Helgesson, Eva Swartz Grimaldi, Jan Nygren and Brigadier General (ret) Ola Gynäs.

SBB is the Nordic region's largest and one of Europe's largest owners of social infrastructure. Infrastructure in the form of defence properties used in peacetime is central to the Armed Forces' development of operational capability. SBB already guarantees the municipalities' social infrastructure long-term. Long-term conditions are also important for the Armed Forces' planning. Cooperation between the private and the public is the basis of the nation's prosperity and has also historically contributed to the development of the nation’s defence.

SBB Government Infrastructure may own properties in Sweden and the other Nordic countries. SBB Government Infrastructure will ensure that all necessary personnel functions are security-checked and that the acquired properties can never end up in the possession of anyone that is not approved by the respective country’s government agency.

For further information, please contact:

Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, ilija@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.

Subscribe

Documents & Links