SBB Acquires Residential and Social Infrastructure in Southern Sweden

Sweden — Samhällsbyggnadsbolaget i Norden (SBB) continues to grow its portfolio of social infrastructure properties through the purchase of 48,000 sqm of rent regulated residentials and social infrastructure properties. All 451 apartments are located in attractive and central locations in Malmö-Limhamn, Staffanstorp, Höganäs and Helsingborg. The purchased portfolios also include 25,000 sqm properties with a potential for developing building rights.

2019-06-04

Rental income is MSEK 73.9 and net operating income is MSEK 53.3.

"During the last few weeks we have strengthened our position in the largest cities in the Nordics and this acquisition in the Malmö region continues to strengthen our position as the Nordic region's leading listed player in social infrastructure," says Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB.