ARTICLES TAGGED WITH "Aker"

SBB in major transaction with its interest company PPI

Nordic — SBB has entered into three agreements with Public Property Invest ASA regarding the transfer of SBB’s community portfolio at a value of SEK 32 billion (EUR 2.9 billion).

Aker's view on the PPI and SBB investments

Nordic — Following a transaction earlier this week, it is now confirmed that SBB and its associated company PPI will gain a new major shareholder. Atle Kigen, Head of Media Relations and Public Affairs at Aker, tells Nordic Property News about the Norwegian company’s decision to invest in SBB and PPI, the future of PPI following the transaction, and their view on SBB’s position and prospects.

SBB CEO: "We have time on our side"

Nordic — Two new companies, a new major owner and steps towards the goal of reducing debt are some of the things that please Leiv Synnes about the first quarter for SBB. In short, it means that the strategy to return the company to financial stability is starting to have an effect.

Aker acquires ownership interest in PPI and SBB

Nordic — Aker Property Group, a wholly owned subsidiary of Aker ASA, announces that it has signed agreements to acquire a strategic ownership interest in Public Property Invest and Samhällsbyggnadsbolaget i Norden.

Large Office Deal in Oslo

Norway Norway — Fornebuporten Holding AS, an indirect subsidiary of Aker ASA, has signed an agreement to sell its shares in Fornebuporten AS to a Norwegian real estate consortium led by Pareto Securities AS. The transaction values the Fornebuporten offices at NOK 3.2 billion (€ 340 M).