The transaction is subject to customary completion conditions regarding the division of financing. SBB will take over 1,300 apartments spread over 12 properties totalling approximately 78,000 sqm and a building right of 6,000 sqm of Light Gross Floor Area. The properties are located in Stockholm, Nacka, Haninge, Västerås and Nykvarn. They had a market value of SEK 3.4 billion as of 31 December 2023.

“The dissolution of Hemvist is the last major step in streamlining and consolidating SBB's housing portfolio in Sveafastigheter ahead of a diversification of ownership. If the option of a stock exchange listing is chosen, Sveafastigheter will be Sweden's largest specialised housing company in a listed environment. Sveafastigheter has unique expertise in managing and developing housing,” says Leiv Synnes, CEO of SBB.

On 30 April, SBB announced a split of the housing company Unobo AB, which SBB owned together with Riksbyggen. The split has been completed during May and SBB's share of the housing will be integrated in to Sveafastigheter.