Sweden —
SBB has entered into a binding agreement regarding the divestment of 36 properties located in Hörby, Mark, Osby, Höör, Mullsjö, Gislaved, Gnesta, Mölndal, Enköping, Mörbylånga, Täby, Lilla Edet, Ale, Vallentuna and Lerum for an agreed property value of SEK 570m, which exceeds the latest external valuation and acquisition price by approximately 10 per cent.
Completion will take place during the fourth quarter in 2021.
"We are refining the portfolio and investing in Stockholm, and this sale shows once again that SBB's properties are very attractive and liquid," comments Oscar Lekander, Head of Business Development at Samhällsbyggnadsbolaget i Norden AB.
Bernstrom & Partners was SBB's advisor in the sale.