SBB Acquires School and LSS Properties in the Copenhagen Region

Denmark Denmark — SBB acquires a school in the Copenhagen region and 5 LSS properties with an average lease duration of more than 15 years.

An Increased Interest in Danish Real Estate to Expect in 2021

Denmark Denmark — Jacob Smergel Krog, CEO of Rubik Properties: “The investment frame is safe and resilient.”

SBB Buys Private School in Allerød

Denmark Denmark — The property at Sortemosevej 15 in Allerød, which now houses Allerød Private School, has been sold by Kongeegen A/S to the Swedish real estate company Samhällsbyggnadsbolaget (SBB), the Nordic region's leading real estate company in social infrastructure.

The Battle for Entra – From Start to Finish

Nordic — Not since Erling Braut Haaland was set to leave Red Bull Salzburg for a bigger European club has the interest been as high for a Norwegian player. A bidding war for the Entra shares broke out between Castellum and SBB – with Balder taking a corner position. After months of twists and turns both the Swedish giants withdrew their offers. Nordic Property News sets the timeline for the battle.

SBB in Discussions about New Nordic Portfolio Acquisition

Nordic — SBB keeps their transaction up. CEO Ilija Batljan tells Nordic Property News where the fast-growing company is in discussions of a new portfolio acquisition.

SBB Leaves Entra Bid – Castellum Increases Its Holding

Norway Norway — Castellum has acquired 2,298,504 shares in Entra. The other bidder, SBB, throws in the towel.

Ilija Batljan Increases Ownership in Swedish Giant

Sweden Sweden — Ilija Batljan’s SBB is in the midst of bidding on Norwegian Entra. But while SBB is trying to acquire the Norwegian jewel, Batljan himself is making his mark in another listed Swedish company.

“They Need to Pay Much More to Get Entra”

Norway Norway — The battle for Entra keeps going with both Castellum and SBB keen on acquiring the Norwegian jewel. But so far the bids have been rejected. Bård Bjølgerud, partner and CEO of Pangea Property Partners, explains why he is not surprised by the rejections and gives his view of why Entra is such an attractive company.

Here Are the Acquisition Target as SBB Increases Elder Care Focus

Nordic — SBB has set new ambitious targets for their elder care housing portfolio: double the value in two years. Magnus Edlund, Head of Business Development for Elderly Care Housing, tells Nordic Property News about the goals for the portfolio, where they are looking for investments and the difference between the Nordic markets.

SBB Increases Focus on Housing for the Elderly

Nordic — SBB intends to double the value of properties for housing for the elderly in the Nordic region within two years to approximately SEK 20 billion. In the current property portfolio, the Swedish tenants are 75 per cent public actors with an average lease period of just over seven years.

SBB Launches Enhanced Tender Offer to Acquire Entra

Norway Norway — SBB announces the launch of its revised tender offer to acquire all outstanding shares in Entra.

Entra Receives an Improved Offer from SBB

Norway Norway — The board of directors of Entra notes that SBB has announced an intended new voluntary offer with improved terms.

SBB Acquires Two Community Service Properties from Wallenstam

Sweden Sweden — Samhällsbyggnadsbolaget i Norden acquires two centrally located community service properties let to school operators from Wallenstam for an agreed total property value of MSEK 380.

SBB Acquires 54.3 percent of the Shares and Votes in Offentliga Hus

Sweden Sweden — SBB acquires 54.3 of the shares and votes in Offentliga Hus from Fastator. The total purchase price for all shares in the transaction amounts to SEK 2.139 billion.

SBB Makes Sizeable Investment in Regulated Residential

Sweden Sweden — SBB is building 640 rent regulated residentials comprising approximately 31,352 sq.m. BTA in Västerås, Nykvarn, Skellefteå and Växjö and is investing SEK 1.2 billion with an annual operating net of SEK 55.8 million.

Timeline: The Battle of the Norwegian Giant

Norway Norway — SBB, Castellum or status quo? Difficult to follow the different turns in the Entra affair? Nordic Property News has pointed out some key dates during the last couple of weeks, when the Swedish property giants have fighted for a major impact in Norway’s largest listed company, Entra.

SBB Withdraws from Entra Offer due to DD Process

Norway Norway — SBB has since the offer was made undertaken work in relation to the closing conditions set out in the offer.

SBB’s CEO on Entra’s Claim to Be a Competitor: ”Nonsense”

Norway Norway — The bidding war for the Norwegian real estate company Entra took another turn on Wednesday when SBB chose to withdraw its bid. Ilija Batljan, CEO of SBB, tells about, from his point of view, the unfair treatment from Entra.

Entra Largest Owner Declines Bids from Castellum and SBB

Norway Norway — The Norwegian pension fund Folketrygdfondet - which owns 11.8 percent of Entra - says no to both Castellum's and SBB's bid for the company.

“We Would Be One of the Largest Companies in Europe”

Norway Norway — Henrik Saxborn on the vision for the potential giant company, what changed during the day after the first terminated discussions with Entra, and how he views a possible bidding competition.

SBB Initiates Due Diligence of Entra

Norway Norway — SBB has now signed the appropriate NDA with Entra to initiate a due diligence.

SBB Still on Track: Launches Voluntary Offer to Acquire Entra

Norway Norway — SBB launches voluntary offer to acquire Entra ASA to create the leading European social infrastructure player.

Why Norway Attracts the Swedish Heavyweights

Norway Norway — The competition of Entra continues. Mikael Söderlundh, Head of Research and Partner at Pangea Property Partners: ”This has been a game changer.”

The Board of Entra Declines SBB's Major Bid

Norway Norway — "While the board appreciates the interest in Entra, the board has concluded, and already conveyed to SBB prior to the announcement, that the potential offer will not be recommended."

SBB Intends to Acquire Entra's Shares

Norway Norway — The board of directors of Entra informs that it has received interest that may or may not lead to an offer for the shares in the company.