As previously announced, on 10 June 2020, Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) signed an agreement for the sale of office properties totalling SEK 4.9bn to Nyfosa AB (“Nyfosa”).

The transaction is conditional upon financing and approval from the Swedish Competition Authority (the “Competition Authority”). Nyfosa has today announced that they have acquired necessary bank loans, therefore the financing condition is resolved. A positive Competition Authority approval is expected during July.

Closing is scheduled to take place as soon as possible after the Competition Authority approval and no later than by 17 August 2020.

For further information, please contact:

Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, [email protected]