SBB Acquires from Bouwfonds
Sweden Samhällsbyggnadsbolaget i Norden acquires 135 apartments in Stockholm from Bouwfonds European Residential. The portfolio is divided into six residential properties, including three leasehold properties.
"More than 60 percent of the SBB’s property portfolio is located in the Nordic metropolitan areas, and with this acquisition of attractive flats in Stockholm we further strengthen this aspect of our portfolio. Our enthusiasm and conscientious drive to create the leading Nordic company for community service properties and rent regulated residentials continues unabated," says Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden.
The acquisition is in line with the SBB’s business strategy to own and manage community service properties in the Nordics and rent regulated residentials in Sweden’s growth cities.
In total, the acquisition comprises 6,718 sqm of leasable area built between 2000 and 2007. The properties are located in good locations with good communication in Gubbängen (1), Sicklaön (2), Orminge (2) and Lännersta (1). The properties are fully let with a total annual rental income of approximately SEK 12.1 million.
Completion has taken place.