SBB, through its subsidiary SBB i Norden AB, has decided that the price in the offering is to be set within a range of SEK 39.5–45.5 (EUR 3.41–3.92) per share, corresponding to a total market value of the company of approximately SEK 7.9–9.1 (EUR 681–785 million) billion. SBB has further determined that the offering is to in total comprise up to 88.0 million existing shares in Sveafastigheter (including overallotment), corresponding to approximately 44 percent of the total number of shares in the company.

“Today’s announcement marks an important milestone of our ambition of becoming the leading residential company in Sweden. A listing will create an even clearer profile for our key stakeholders and enable us to capture the full potential of our property portfolio and development pipeline while also benefit from our scale. We are looking forward in welcoming new investors to join Sveafastigheter on our journey forward with a focus on organic growth and profitability,” says Erik Hävermark, CEO of Sveafastigheter.

"Sveafastigheter is very well positioned in a structurally growing market with a strategically focused organization, attractive regional exposure, solid capital structure in combination with potential in the standing asset portfolio and the development of new housing. A listing will offer the management the right conditions to leverage this strong foundation and would thereby mark the beginning of the next phase of Sveafastigheter’s journey," says Peter Wågström, Chairman of the Board of Directors of Sveafastigheter.

”Upon listing, Sveafastigheter will become one of Sweden's largest pure-play and publicly traded residential real estate company. Its size creates conditions for efficient and profitable property management. Residential properties are a highly attractive asset class, combining high demand and strong underlying drivers, which results in a low risk profile and the ability to generate steadily growing operating surplus over time. I am very pleased that our shareholders – thanks to the structure of this sale – will benefit from the strengthening of SBB's balance sheet as a result of the sale, while also being given the option to invest directly in Sveafastigheter, which has not been available in previous divestments by SBB," says Leiv Synnes, CEO of SBB.