Swedish Company Sells School Property to Instill Courage in Shareholders
Norway —
SBB made a large divestment in Norway when they sold a school property for MNOK 415.5 (EUR 43M) to British Aviva Investors. CEO Ilija Batljan tells Nordic Property News why the sale of the building – that granted a MNOK 83 (EUR 8.6M) return on equity since acquired by SBB just ten months prior – had important symbolic value.
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