SBB intends to divest around 70 percent of the shares in the company in connection with the listing. The Board believes that the listing of Sveafastigheter will enable increased shareholder value through continued focus and specialisation. Furthermore, the proceeds are expected to enable a decreased debt level and thereby further strengthening the company’s financial position.

”SBB has recently experienced a large interest from international investors in Sveafastigheter and its residential development activities in the Stockholm region, as well as its strong commitment to sustainability issues. The transaction further refines SBB's operations with an even sharper focus on social infrastructure," says Ilija Batljan, CEO and founder of SBB.

SBB will continue to build on its vision of being the best European real estate company for social infrastructure in areas such as education, retirement homes and LSS housing. In addition to the community service properties, SBB has over the years built up an attractive complementary portfolio of rent regulated residentials and a portfolio of development properties and associated companies.

Sveafastigheter will own 5,000 apartments. In addition to this, Sveafastigheter also holds a large building rights portfolio for over 4,900 apartments and will control 25 percent of Heba Fastighets AB, which at the end of 2022 owned properties worth SEK 15.7 billion.

Sveafastigheter's management portfolio is 100 percent focused on the Stockholm-Mälardalen region. There is a large and long-term focus on sustainability within the organization and all properties that are built are constructed so that they at least achieve the Miljöbyggnad Silver classification (Swedish classification for sustainable buildings). In addition to this, Sveafastigheter has won several awards regarding architecture, sustainability and satisfied tenants.