Sweden —
SBB acquires 15 percent of Arlandastad Group from Gelba Management for the equivalent of SEK 564 million. At the same time, Arlandastad Group and SBB have signed an agreement that gives SBB the opportunity, at market value, based on two independent valuations, to acquire the community properties and rental housing that will be sold in the future. Furthermore, a so-called joint venture company is started to develop major real estate projects in strategic areas.