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ARTICLES TAGGED WITH "SBB"
SBB Initiates a Collaboration with Odalen Fastigheter
SBB initiates a collaboration with Odalen Fastigheter through a joint-venture company to scale up new construction of community service properties with a focus mainly on elderly care homes. The joint-venture company is already building an elderly care home in Ängelholm and is preparing for new construction in Gothenburg.
SBB Presents New Targets
The company’s new growth target is that the profit from property management per A and B ordinary share shall on average grow with more than 15 per cent per year over a five-year period. Furthermore, the property portfolio value shall amount to SEK 125 billion by 2025.
SBB Sells Two Properties
Samhällsbyggnadsbolaget i Norden (SBB) has sold two office properties to two different buyers in two transactions.
New Nyfosa SBB Deal – SEK 4.9 Billion Acquisition for Nyfosa
Earlier this year an announced SEK 8 billion transaction between Nyfosa and SBB was halted. Now the companies have struck a new deal where Nyfosa acquires properties for SEK 4.9 billion.
Offentliga Hus Acquires from SBB
SBB sells a large public office buildings portfolio to Offentliga Hus for SEK 1.16 billion.
SBB Develops a New Police Station in Sälen
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.
SBB Sells Property with an Agreed Value of SEK 350 Million
Samhällsbyggnadsbolaget i Norden has sold the office property Flogsta 47:1 in Ekeby, Uppsala. The total agreed property value of SEK 350 million is the same as the book value in Q1 2020.
Ilija Batljan Dismissed from Investigation on Alleged Insider Dealing
SBB’s CEO Ilija Batljan has been dismissed from the investigation regarding insider dealing and that the preliminary investigation has been withdrawn.
SBB Divests Five Properties for SEK 835 Million
SBB has sold five office properties to five different buyers in five transactions. This is the result of the new divestment strategy, where the portfolio that was planned to be sold to Nyfosa. Now Castellum is one of the buyers.
Höjvall on the Release of Batljan: “A Positive Sign”
Amasten’s CEO Jan-Erik Höjvall on the allegations against his business partner and friend Ilija Batljan, how to make deals in difficult times and differences between the corona crisis and the financial crisis back in the 1990s.
Ilija Batljan Released – But the Suspicion of Crime Remains
SBB has been informed that the company’s CEO has been released from custody. Ilija Batljan was detained on Tuesday 5 May. The suspicion of crime remains.
The Journey of SBB – from Nothing to a Multi-Billion Company in Just Four Years
This is how Ilija Batljan became one of the most powerful real estate players in the Nordics’, thanks to the creation of SBB. Read the full story.
“Many Have Wondered How This Development Is Possible”
Joakim Bornold, Economist at Söderberg & Partners and well-known stock exchange expert, shares his view on the Ilija Batljan case: “It is a unique and fascinating story.”
Sven-Olof Johansson on the Allegations: “I Am Surprised”
Fastpartner’s CEO Sven-Olof Johansson is one of the major shareholders in SBB and also a member of the board. He tells Nordic Property News about the allegations against Ilija Batljan and why the company has been that successful, in a short period of time.
SBB Expand Its Finnish Portfolio
SBB i Norden has increased its Finnish portfolio by acquiring a modern educational property in Imatra in South-Eastern Finland.
“We Have One of the Strongest Property Portfolios in Northern Europe”
SBB’s CEO and Founder Ilija Batljan on the corona crisis, why the company still stands solid and he also comments on the legal dispute of NOK 640 million in Oslo.
Amasten Makes Large Acquisition from SBB
Samhällsbyggnadsbolaget i Norden (SBB) sells a large residential portfolio with 1,259 apartments to Amasten for SEK 1,500M.
SBB Sells a Residential Portfolio to Kuststaden
SBB sells a portfolio 545 rental apartments in southern Sweden to Kuststaden for SEK 469.5M. The agreed property value exceeds the most recent external valuation.
Nyfosa to Postpone Acquisition of Portfolios from SBB
On January 17 Nyfosa signed a letter of intent with SBB regarding the acquisition of property portfolios with a total value of approximately SEK 8 billion. Nyfosa has decided to postpone this acquisition until further notice due to the changes in market conditions.
SBB's Ambition to Sell Properties for SEK 11 billion Remains
SBB's ambition to sell properties totalling SEK 11 billion during the year remains despite Nyfosa awaiting with its acquisition of SBB properties.
SBB Sells a Property to Alecta for MSEK 460
Samhällsbyggnadsbolaget i Norden AB (SBB) sells the property Mimer 7 in Stockholm to Alecta for MSEK 460, corresponding to a square meter price of SEK 67,597. The property contains 6,805 square meters of premises with a rental income of MSEK 14.6 and an estimated net operating income of MSEK 13.7.
SBB Has Bought Back Bonds in both SBB and Hemfosa
SBB has bought back most of the four senior unsecured bonds issued by SBB and its subsidiary Hemfosa maturing until May 2021.
SBB New Major Owner in SSM
SBB has, via a subsidiary, entered into an agreement with Eurodevelopment AG to acquire 11,600,000 common shares in SSM Holding.
SBB’s Plans for Further Growth in the Nordics
CEO Ilija Batljan: “We are probably among the largest players in this segment in Europe.”
SBB in First Acquisition with a Danish Municipality
Samhällsbyggnadsbolaget i Norden acquires a school property just outside central Copenhagen from Høje-Taastrup municipality, containing approx. 10,000 sqm lettable area fully let to the municipality and private public funded education providers.