ARTICLES TAGGED WITH "SBB"

SBB Buys Schools in Stockholm for SEK 1.46 Billion

Sweden Sweden — SBB acquires seven school properties in Stockholm with a total lettable area of ​​39,400 square meters from the municipal company SISAB. The total rental income amounts to SEK 59 million, 90 per cent of the revenues are generated from primary schools and ten per cent from preschools. SBB will offer existing tenants lease extensions of ten years.

SBB Has Completed Amasten Transaction: Owns 46.3 Percent of the Shares

Sweden Sweden — SBB announces completed acquisitions of approximately 46 percent of the shares and votes in Amasten.

Wallenstam Sells Portfolio to SBB

Sweden Sweden — Wallenstam has signed an agreement to sell six properties to SBB. The properties are located in Sundbyberg and in Gröndal, Stockholm and are being sold at an agreed property value of SEK 1,150 million.

SBB Acquires Additional Shares in Amasten

Sweden Sweden — SBB today announces that SBB has entered into additional agreements to acquire in total 81,909,488 ordinary shares of class A in Amasten at a corresponding price per ordinary share of class A.

Wallenstam Makes Investment in SBB

Sweden Sweden — Wallenstam has chosen to subscribe for B shares in a directed new issue in SBB for SEK 250 million in total.

SBB Acquires 35 Percent of the Shares and Votes in Amasten

Sweden Sweden — SBB has entered into an agreement with ICA-handlarnas Förbund Finans to acquire ICA-handlarnas Förbund Finans’ 246,000,000 ordinary shares of class A in Amasten, corresponding to 32.71 percent of the shares and 32.74 percent of the votes in Amasten.

SBB Sells Property and Building Rights to Joint Venture

Sweden Sweden — SBB has entered into a binding agreement to sell the property Göteborg Gamlestaden 2:8 for SEK 450 million to a newly formed joint venture together with Aspelin Ramm.

Solon Eiendom’s CEO on the SBB Merge

Norway Norway — Andreas Martinussen, CEO of Solon Eiendom, on what the SBB acquisition of Solon’s shares will mean for the company, why they have searched for a buyer since last year, and the joy of entering Sweden.

Solon Eiendom Becomes Part of SBB

Norway Norway — SBB has entered into an agreement to acquire 51,106,538 shares corresponding to 62.65% percent of the shares in Solon Eiendom for a total purchase price of NOK 2,248,687,672.

SBB Ready for European Expansion

Nordic — SBB has become a dominant force in Nordic real estate. Now they are ready to expand to the rest of Europe. CEO Ilija Batljan tells Nordic Property News what the next step is and when they look to have the first acquisition in hand.

SBB Sells Properties for SEK 10 Billion to Jointly Owned Company

Sweden Sweden — SBB sells government infrastructure properties for an agreed property value of SEK 10 billion to a jointly owned company (50/50) with Kåpan Occupational Pension Association.

SBB Sells Eight Properties for SEK 400 Million

Sweden Sweden — SBB has entered into a binding agreement to divest eight non-strategic properties with commercial tenants for approximately SEK 400 million.

SBB Ready to Increase Focus Outside of Sweden

Nordic — The coming year SBB will direct their focus away from Sweden and towards the other Nordic countries. CEO Ilija Batljan tells Nordic Property News why and what they look for in terms of new investments.

SBB Makes Acquisitions in Expansive Region

Denmark Denmark — Secures assets of almost 20,000 square meters in Randers.

SBB Is Growing in Höganäs with 80 New Build Apartments

Sweden Sweden — SBB is building 80 apartments in the Sjöcrona area in Höganäs. The houses are built in a factory with a solid wooden frame and with half the energy use of the requirements in BBR.

SBB Makes Divestment for SEK 570 Million

Sweden Sweden — SBB has entered into a binding agreement regarding the divestment of 36 properties located in Hörby, Mark, Osby, Höör, Mullsjö, Gislaved, Gnesta, Mölndal, Enköping, Mörbylånga, Täby, Lilla Edet, Ale, Vallentuna and Lerum for an agreed property value of SEK 570 million.

SBB Acquires Community Service Properties and Building Rights in Umeå

Sweden Sweden — SBB acquires a portfolio of 40,000 sq.m. and building rights of approximately 20,000 sq.m. BTA in Umedalen, Umeå from Balticgruppen and Gazette.

SBB Signs Major Lease with the Swedish Police

Sweden Sweden — On 9 September 2021, SBB signed a 15-year lease agreement with the Police, regarding the new police station in Örnsköldsvik.

SBB’s Swedish Plans for the Norwegian Residential Player

Sweden Sweden — SBB moves forward with residential projects for the Norwegian listed company Solon Eiendom – in Sweden. Hugo Dammert at Solon in Sweden on what the focus will be in the neighboring country.

SBB and Alive Creates Apartments with Lower Rents

Sweden Sweden — SBB and the concept company Alive Bostad AB are building 162 homes aimed at young adults. SBB will be the long-term owner of the homes. Through the Alive concept, the rent will be approximately 30 percent lower.

SBB and Newsec Extend Partnership

Nordic — The extended agreement between SBB and Newsec covers a five-year period in Sweden and three years in Finland.

SBB Signs Agreement with Sizes – Will Build 1,000 Apartments per Year

Sweden Sweden — SBB has entered into an agreement with the industrial apartment building manufacturer Sizes Works and the goal is for the volume from 2023 to amount to 1,000 apartments per year, 346 apartments have already been ordered.

SBB Buys Large Portfolio from Rikshem

Sweden Sweden — SBB acquires community service properties and rent regulated residentials in Stockholm, Västerås and Helsingborg for an agreed property value of a total of SEK 1.25 billion.

SBB Acquires 70 percent of the Shares in Unobo

Sweden Sweden — SBB acquires 70 per cent of the shares in the rent regulated residentials company Unobo from Riksbyggen for an agreed share price of SEK 2.064 billion.

SBB in JV Project in Mölnlycke

Sweden Sweden — SBB, Kålltorps Projektutveckling and Development Partner signed an agreement on 10 June 2021 to develop part of Mölnlyckes Haga in expansive Härryda Municipality in a JV.