Sweden — SBB announces the result of the tender offers and written procedures for the outstanding SEK denominated senior unsecured floating rate green bonds due 2022 issued by Hemfosa.

Sweden — Samhällsbyggnadsbolaget i Norden (SBB), via its subsidiary Hemfosa, develops another police station. The Police Authority’s property management division has commissioned SBB to build a police station in Sälen, Sweden, totalling 3,500 sqm.

Sweden — On 15 November 2019, Samhällsbyggnadsbolaget i Norden (SBB) announced a recommended public offer to the shareholders of Hemfosa Fastigheter. On 23 December 2019, SBB announced that it controlled 87.8 percent of the shares in Hemfosa after the initial acceptance period and that it extended the acceptance period in the Offer. Now, SBB declares that it controls approximately 91.2 percent of the shares in Hemfosa.

Nordic — Hemfosa has acquired 11 modern healthcare properties in Finland and two properties in Sweden at an underlying property value of approximately MSEK 650. The acquisition of the healthcare properties means Hemfosa’s community service properties offering in Finland is now complete, entirely in line with the company’s strategic initiative in the Finnish market.

Finland — Hemfosa has acquired two properties in Finland for an underlying property value of approximately MSEK 600 (EUR 57M) and a total rental value of about MSEK 70.

Sweden — SBB has now received clearance from the Swedish Competition Authority (Sw. Konkurrensverket) to acquire Hemfosa. As a result, completion of the Offer is no longer conditional upon receipt of regulatory clearances, but remains subject to other conditions as set out in the offer document regarding the Offer.

Sweden — Hemfosa has been awarded a land allocation for a property block in central Falun and is planning a new build comprising approximately 15,000 square meters ideal for community service operations and public-sector offices. Hemfosa is also increasing the pace of its project operations with the initiation of three school projects.

Sweden — Ilija Batljan's Samhällsbyggnadsbolaget (SBB) announces a recommended public offer to the shareholders of Hemfosa to acquire all the common shares and preference shares. The common shares and preference shares in Hemfosa are admitted to trading on Nasdaq Stockholm, Large Cap. SBB’s Class B common shares and Class D common shares are admitted to trading on Nasdaq Stockholm, Large Cap.

Sweden — Hemfosa is to invest just over MSEK 114 in the renovation and tenant-specific modification of an existing, vacant property in central Gothenburg, Sweden. The property will be leased to SOS Alarm with a 20-year lease.

Sweden — Hemfosa has successfully issued a senior unsecured green bond loan in the total amount of MSEK 800 under a framework of MSEK 1,000. The bond loan has a tenor of 3 years and a floating interest rate of STIBOR three months plus 210 bps and will mature on 3 October 2022.

Finland — Hemfosa has acquired an office portfolio, with a majority of community services sector tenants, at an underlying property value of approximately MSEK 465 (MEUR 46).

Finland — Essi Sten has been recruited as new head of Hemfosa’s operations in Finland. She has extensive experience from senior positions in the property sector, most recently as Country Manager and Head of Asset Management at Patrizia Finland Oy. Essi Sten will assume her position after the summer. With an operational presence in Finland, Hemfosa will accelerate its efforts to grow in the expansive Finnish market for community service properties.

Norway — Henrik Melder has been recruited as new head of Hemfosa’s operations in Norway. He has extensive experience from senior positions in the property sector, most recently as Head of Leasing at Entra ASA.

Sweden — Hemfosa has acquired a property in Mariestad at an underlying property value of MSEK 274. Also, the company acquires school and office properties in Eskilstuna at a value of just over MSEK 650.

Nordic — Jenny Asmundsson has been recruited to the newly established position as Head of Business Development at Hemfosa Fastigheter.

Nordic — Hemfosa has made acquisitions in all three markets for a total underlying property value of approximately MSEK 575 and annual rental income of about MSEK 42. The acquisitions in Sweden and Norway complement the existing portfolio in locations where Hemfosa already owns properties and offer potential for development. Hemfosa is also entering the preschool segment in Finland with the acquisition of four preschools in Oulu.

Sweden — Following the decision to distribute Nyfosa to the ordinary shareholders, Hemfosa Fastigheter has worked on preparing a strategy and business plan for the next few years. This process has resulted in new financial targets and a new dividend policy that have now been adopted by the Hemfosa Board of Directors. These targets include property portfolio growth from slightly more than SEK 35 billion to SEK 50 billion in property value within five years.

Sweden — Hemfosa Fastigheter is strengthening its transaction team, employing Hanna Fjeldgård and David Träff as project managers. Both bring solid expertise from complex and value-generating property transactions, and will strengthen Hemfosa’s opportunities for consolidating its strong position in community service properties in the Nordic region. They will take up their positions in March 2019.