ARTICLES TAGGED WITH "SBB Norden"

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.

After the Major Clean-up in 2022 – These Are Batljan's Aims in 2023

Sweden Sweden — 2022 was a major clean-up year for SBB – everything was done to achieve a better balance sheet and reduce debt. That job does not end at the beginning of 2023, but Ilija Batljan also approaches the year with the hope of a thawed bond market and a continued collaboration with the Canadian investor Brookfield, which will stimulate growth for both players in Europe in the coming years.

Sleepless Batljan on Target with SBB's Divestment Plan

Sweden Sweden — Ilija Batljan has worked almost around the clock to complete the large structural deal with Brookfield that was presented on Wednesday morning. With the sale, which can bring in a total of 10.4 billion SEK to SBB, the company is finished with its divestment plan according to Ilija Batljan. Here he talks more about the big agreement and the effect it has on SBB's finances going forward.

SBB Sells Properties in Norway, Finland and Sweden

Nordic — Samhällsbyggnadsbolaget i Norden is selling seven properties in Norway, Finland and Sweden for an agreed property value of SEK 2,500m.

SBB Raises its Forecast for Full Year with 50 Percent

Sweden Sweden — SBB:s profit after tax per ordinary share of class A and B increased to SEK 5.94 (1.80).

The Result of The Tender Offers for Green Bonds Issued by Hemfosa

Sweden 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.

Ilija Batljan Dismissed from Investigation on Alleged Insider Dealing

Sweden Sweden — SBB’s CEO Ilija Batljan has been dismissed from the investigation regarding insider dealing and that the preliminary investigation has been withdrawn.

SBB's CEO Has Been Detained in Custody on Alleged Insider Dealing

Sweden Sweden — SBB has been informed by the Swedish Economic Crime Authority that the company’s CEO Ilija Batljan has been detained in custody on alleged violation of the Market Abuse Regulation.

SBB's Ambition to Sell Properties for SEK 11 billion Remains

Sweden Sweden — SBB's ambition to sell properties totalling SEK 11 billion during the year remains despite Nyfosa awaiting with its acquisition of SBB properties.

SBB Purchases 23 School Properties for SEK 421M

Sweden Sweden — SBB has acquired 23 preschools and schools in the City of Stockholm with private tenants. The seller is the municipal school property company Sisab, which decided on the sale at its board meeting on November 6.

“SBB Has the Strongest Transaction Team in Northern Europe – Without Competition”

Nordic — SBB’s CEO and founder Ilija Batljan on the Q3 figures, the Nordic market for community service properties and why they will continue to succeed in the transaction market.

SBB's CEO: "A Natural Step for Us"

Sweden Sweden — Ilija Batljan, CEO and founder of SBB, tells Nordic Property News why the company buys 20 percent of the shares in the listed residential company Amasten, the relationship with the CEO Jan-Erik Höjvall and whether similar deals can emerge in the future.

Winners and Losers on the Stock Market in September

Nordic — Nordic Property News has the complete list of how the Nordic real estate and construction companies performed on the stock exchange in September.

Winners and Losers on the Stock Market in July and August

Nordic — Nordic Property News has the complete list of how the Nordic real estate and construction companies performed on the stock exchange the last two months.

SBB Acquires 37 Social Infrastructure Properties

Nordic — SBB continues to grow its portfolio of social infrastructure properties through an acquisition from Humana, which remains as a tenant in the acquired properties.

After the Major Divestment: Ilija Batljan on the Norwegian Strategy

Norway Norway — The Swedish company SBB sells DNB Bank's headquarters after just two years of ownership. SBB's CEO Ilija Batljan tells Nordic Property News about the plans he has for Norway in the future and why the company already is divesting the Oslo building.

Martin Mæland on the JV with Ilija Batljan: ”Not an Easy Thing”

Norway Norway — The Norwegian building and real estate profile Martin Mæland about the cooperation with Ilija Batljan, the differences over decades and why Kristiansand is an interesting area.

SBB Acquires from Jefast

Sweden Sweden — SBB continues to grow in Höganäs through the purchase of two community properties and eight residential properties from Jefast.

"It Is a Win-Win for Both!"

Sweden Sweden — SBB sells a portfolio of 39 properties for SEK 1.153 billion (EUR 111M) and simultaneously creates a JV with the buyer Property AD – to divest the portfolio. CEO Ilija Batljan tells Nordic Property News about cooperation with Property AD, why they are looking to divest the portfolio and SBB's focus going forward.

Swedish Big-Spender on the Hunt for More

Sweden Sweden — After making big investment in several Nordic countries over the last year. Ilija Batljan’s SBB adds a new major piece to the portfolio. With the latest acquisition in hand Batljan tells Nordic Property News of the new acquisitions on the horizon.

SBB Acquires from Bouwfonds

Sweden Sweden — Samhällsbyggnadsbolaget i Norden acquires 135 apartments in Stockholm from Bouwfonds European Residential. The portfolio is divided into six residential properties, including three leasehold properties.

Swedish Company Sells School Property to Instill Courage in Shareholders

Norway Norway — SBB made a large divestment in Norway when they sold a school property for MNOK 415.5 (EUR 43M) to British Aviva Investors. CEO Ilija Batljan tells Nordic Property News why the sale of the building – that granted a MNOK 83 (EUR 8.6M) return on equity since acquired by SBB just ten months prior – had important symbolic value.

Rising EU Interest Rates Make SBB Look at Denmark

Denmark Denmark — After tripling the property portfolio's value in 2017 and entering the Finnish market, SBB opens up for a Danish expansion.

Batljan Keen On Norway

Norway Norway — Ilija Batljan's SBB made a big mark in Norway during 2017 with several investments, including the purchase of DNB Bank's HQ in Oslo. After the turn of the year SBB looks for more Norwegian investments.