The transaction is in line with SBB’s strategy to focus its operations on its core holdings, simplify the portfolio and strengthen the financial flexibility.

“Through this transaction, we are increasing our exposure to our core holdings. In light of the ongoing merger between Klarabo and Sveafastigheter, the investment increases our exposure to Sveafastigheter, one of our core holdings. At the same time, we are divesting a non-core holding, in line with our strategy, while releasing liquidity that can be used to reduce interest expenses or fund other value-creating initiatives,” says Andreas Morfiadakis, CEO of SBB.