‘’SBB’s new group structure follows a distinct management model and portfolio strategy. Sveafastigheter is a key holding that will own the group's residential property holdings. We will now have the opportunity to coordinate the remaining portfolio from Unobo with Sveafastigheter, which will simplify the group structure and generate efficiency gains," says Leiv Synnes, CEO of SBB.
The properties have been allocated based on a lettable area of approximately 500,000 square metres. Riksbyggen is acquiring properties corresponding to its share of Unobo AB at the same time as SBB is acquiring Riksbyggen's 30 per cent share in Unobo AB, which will thus be wholly owned by SBB. Unobo AB will retain approximately 5,200 apartments spread over 63 properties totalling approximately 355,000 square metres. Most of the remaining portfolio is located in Linköping, Helsingborg and Skellefteå. The remaining properties in Unobo AB have a book value of SEK 8.4 billion as of 31 December 2023. The transaction is subject to customary completion conditions regarding the raising of financing and is expected to be completed in May.