ARTICLES TAGGED WITH "SBB"

The Opportunities for Odalen under SBB's Ownership

Sweden Sweden — SBB continues to strengthen its investment in community properties - now by acquiring Odalen Fastigheter. The CEO of the new subsidiary, Alex Mabäcker, tells Nordic Property News about the deal, the future of Odalen and the opportunities that open up with SBB as owner.

SBB Acquires Odalen Fastigheter

Sweden Sweden — SBB acquires 100 percent of the shares in Odalen Fastigheter AB for a purchase price of SEK 510 million. The transaction is financed through the issue of 3,000,000 Class B shares in SBB at a subscription price of SEK 70 per share.

Goes Against the M&A Trend – Why Mergers Will Not Be an Option for Fastpartner

Sweden Sweden — The trend of M&A deals has grown rapidly on the Nordic markets in the last years – but it will not be an option for Fastpartner. CEO Sven-Olof Johansson explains why M&A is not for Fastpartner but an important factor for SBB, where he is on the Board.

SBB Issues EUR 700M Floating Rate Notes in Social Format

Nordic — SBB successfully issues its first EUR 700 million social floating rate notes with a negative yield at issuance.

Amasten Applies for Delisting of Shares

Sweden Sweden — SBB controls 97.5 percent of the shares in Amasten and extends the acceptance period for the mandatory offer.

Swedish Juggernaut Adds Key Player

Nordic — SBB continues to shape their team – adds new key player.

SBB Acquires Property in Birkerød

Denmark Denmark — SBB strengthens its presence in Denmark by making another investment. The acquisition comprises 6,200 sqm in Birkerød located on Biskop Svanes Vej with “Kriminalforsogens Uddannelsescenter” as the tenant.

SBB Raises its Forecast with More Than 40 Percent

Sweden Sweden — SBB raises its forecast for the 2021 full year earnings per ordinary share A and B to SEK 13.70-14.20.

SBB Owns 92.9 Percent of Amasten

Sweden Sweden — SBB’s mandatory offer to the shareholders of Amasten – the acceptance rate, including shares controlled by SBB, amounts to 92.9 percent of the votes.

SBB Buys Healthcare Property from Conficap

Finland Finland — Conficap has sold a modern healthcare property in Raisio Samhällsbyggnadsbolaget i Norden AB (SBB).

Why Obos and SBB Make a Perfect JV Match

Norway Norway — Daniel Kjørberg Siraj, CEO of residential developer Obos, on the collaboration with Ilija Batljan and SBB, the interest in Solon Eiendom’s portfolio, and a summation of the investment operations during 2021.

SBB Sells its Shares in Solon Eiendom to a JV Owned by SBB and Obos

Norway Norway — SBB has sold its shares in Solon Eiendom to a company jointly owned by SBB and Obos. The share price in the transaction has been set at NOK 44, which gives SBB NOK 1.6 billion in net cash consideration.

SBB Makes Portfolio Acquisition in Halmstad

Sweden Sweden — SBB acquires seven rent regulated residential properties in Halmstad from the municipal real estate company HFAB. The property portfolio consists of a total lettable area of ​​approximately 15,000 sq.m.

SBB Acquires Major Preschool Portfolio

Norway Norway — SBB acquires preschool portfolio in Norway from Norwegian Trygge Barnehager for 4,580 MNOK and signs long-term leases.

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.