ARTICLES TAGGED WITH "Leiv Synnes"

SBB: "We have the biggest negative value changes behind us"

Sweden Sweden — SBB had a challenging 2023 where it made a loss of approximately SEK 22 billion, primarily driven by changes in the value of properties that amounted to a little more than SEK 13 billion. But for 2024, CEO Leiv Synnes breathes more optimism and he believes that the worst is behind the company. However, what will happen with the payment of the suspended dividend for 2022 of two billion kroner remains to be seen, as it is a question that still hangs in the balance.

SBB's PPI investigates the possibility of an IPO and listing on the Oslo Stock Exchange

Norway Norway — Samhällsbyggnadsbolaget i Norden's associated company Public Property Invest prepares for a possible initial public offering and listing on the Oslo Stock Exchange.

This is how the streamlining continues for SBB after Sveafastigheter

Sweden Sweden — SBB's CEO Leiv Synnes tells Nordic Property News that a listing of Sveafastigheter is one of the possible paths with the ownership dispersion that was recently announced. SBB also intends to go below 50 percent ownership in the soon-to-be-independent company. Here he tells more about how the streamlining of SBB will continue in the future.

CEO Leiv Synnes wants a wiser SBB

Sweden Sweden — SBB presents its report against the background of a few turbulent months. During the year, a large sales attempt was carried out to save the company in crisis. Ambition to be wiser and more thoughtful when it comes to liquidity, while also resolving debt.

SBB sells to Lovisenberg for EUR 245M

Norway Norway — SBB has sold two properties to the tenant Stiftelsen Diakonissehuset Lovisenberg for NOK 2,815 million (EUR 245 million). The properties being sold are the hospital on Ragnar Ströms Veg 10 in Ullensaker of which SBB owns 100 percent and an adjoining development plot of which SBB today owns 65 percent, co-owning with a local developer.

Leiv Synnes on SBB's latest crisis measures

Sweden Sweden — SBB's CEO Leiv Synnes tells Nordic Property News about Sunday evening's big strategic transaction which means that SBB releases majority control over Educo and presents a new corporate structure. Read about the ambitions with the changes, how the new structure is intended to strengthen the company going forward and the plan for the housing portfolio.

SBB sells to Nykvarn Municipality

Sweden Sweden — SBBhas entered into an agreement to sell one property containing the town hall and nearby residential buildings in central Nykvarn to Nykvarn Municipality for SEK 191 million (EUR 17.4 million).

SBB enters into LOIs with tenants to sell properties

Nordic — Samhällsbyggnadsbolaget i Norden has entered into LOIs with existing tenants that intend to acquire properties in which the tenants conduct business. The agreed property value in the deals amounts to over SEK 3 billion (approximately EUR 273 million). Signing of binding agreements and closings is planned for the third quarter of 2023.

SBB and FGF sells in Nykvarn

Sweden Sweden — SBB and FGF sells the property Tillbringaren 2 in Nykvarn with a property value of SEK 221 million (approximately EUR 20.1 million).

SBB in discussions to sell its education portfolio

Nordic — SBB enters into exclusive discussions to sell the remaining 51 percent of the social infrastructure portfolio for public education.

Roger Akelius: "Leiv is needed at SBB"

Sweden Sweden — For Nordic Property News, Akelius founder Roger Akelius comments on Friday's big bombshell in the real estate industry – that Ilija Batljan is resigning as CEO of SBB and will be replaced by Akelius CFO and Vice President Leiv Synnes.

Leiv Synnes replaces Ilija Batljan as CEO of SBB

Nordic — SBB replaces Ilija Batljan as CEO. Leiv Synnes, current CFO and Deputy CEO at Akelius, takes the helm at the company.