ARTICLES TAGGED WITH "SBB"

SBB Acquires in Trelleborg

Sweden Sweden — SBB acquires an elderly care home from Trelleborgshem.

SBB Gets Positive Planning Decision for Apartments in Borås

Sweden Sweden — SBB, together with Borås Municipality, receives zooning plan permission for approximately 40,000 sq.m. of BTA new residentials in connection with the existing residential area Liljeberget, which is an attractive residential area in central Borås.

SBB Makes Major Divestment to Oscar Properties

Sweden Sweden — SBB has entered into an agreement, subject to financing, with Oscar Properties to sell a property portfolio for SEK 1.4bn. The sale includes two office buildings directly owned by SBB and the remainder consists of SBB’s 50 per cent joint venture Valerum.

SBB Sells in Sweden and Norway

Nordic — SBB sells 22 properties through various transactions at an agreed property value of MSEK 817.

SBB Acquires Educational Properties from Turako

Sweden Sweden — SBB acquires a portfolio of newly constructed educational properties in Greater Stockholm from Turako for an agreed property value of SEK 283 million.

SBB Sets Up New Business Division with Focus on Government Infrastructure

Nordic — SBB sets up a new business division: SBB Government Infrastructure. SBB will acquire properties within government infrastructure with a special focus on ministry and government buildings, prison properties and defence properties.

SBB Develops a New District in Nyköping

Sweden Sweden — Decision taken on large zoning plan - SBB develops a completely new district in Nyköping city center comprising 1,600 homes, schools and elderly care homes.

SBB Has Resolved on a Directed Issue of D Shares

Sweden Sweden — The Board of SBB has, based on the authorization granted by the Annual General Meeting held on 27 April 2020, resolved on a directed issue of not more than 44,197,779 new Class D common shares at a price corresponding to SEK 31 per share. Læringsverkstedet has subscribed for all D-shares in the directed issue.

SBB has Repaid All Hemfosa Bonds and SEK 3.0 Billion in Secured Bank Debt

Sweden Sweden — The repayment results in lower financial costs on a 12-month rolling basis (everything else being equal) of SEK 90m.

Genova and SBB Are Developing Cooperation in Stockholm

Sweden Sweden — SBB and Genova have jointly acquired Nackahusen Holding in Nacka Strand consisting of initially six properties containing building rights of approximately 40,000 sq.m. The purchase price for the shares amounts to SEK 1 and the joint venture company will take over responsibility for the outstanding bond loan of approximately SEK 360m.

SBB Prolongs 14,124 sqm Lease with the Finnish Government

Finland Finland — Samhällsbyggnadsbolaget, through its subsidiary Hemfosa Finland, has prolonged the 14,124 sqm lease agreement with Senate Properties in Finland up to Q4 2032.

The Major Shareholder: “There Is a High Energy Level in SBB”

Sweden Sweden — Fredrik Svensson, CEO of Arvid Svensson Invest, on the purchase of shares in SBB for almost SEK 19.8 million.

SBB:s Big Sale of Properties to Nyfosa has Taken Place

Sweden Sweden — On 30 June 2020, Nyfosa announced that the financing condition had been resolved, and the Competition Authority has now announced a positive clearance.

SBB Develops a New Police Station in Örnsköldsvik, Sweden

Sweden Sweden — The police station is planned to be completed during 2023. The lease for the new police station is expected to be signed during the fourth quarter 2020. The term of the lease is 15 years, commencing in 2023.

SBB Acquires Massive Portfolio

Norway Norway — SBB acquires preschool portfolio in Norway with newly signed 35-year triple-net leases for NOK 4.25 billion.

Financing Secured for Nyfosa’s SEK 4.9 billion Acquisition from SBB

Sweden Sweden — After seeing a transaction of SEK 8 billion with SBB fall through earlier this year, Nyfosa announces that financing is secured for the SEK 4.9 billion acquisition from SBB.

SBB Initiates a Collaboration with Odalen Fastigheter

Sweden Sweden — 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

Sweden Sweden — 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

Sweden Sweden — 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

Sweden Sweden — 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

Sweden Sweden — SBB sells a large public office buildings portfolio to Offentliga Hus for SEK 1.16 billion.

SBB Develops a New Police Station in Sälen

Sweden Sweden — 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

Sweden Sweden — 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

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 Divests Five Properties for SEK 835 Million

Sweden Sweden — 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.