Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) acquires a portfolio of nine properties in the educational and care segment from WasaGroup Funds Oy, three additional care properties in Finland through supplementary acquisitions and a portfolio in the Malmö / Lund region consisting of mainly residential properties, a total of 99 apartments. The total rental income amounts to SEK 34.3m with an operating net of SEK 28.2m. The total lettable area amounts to approximately 22,000 sqm. The Finnish properties are primarily located in southwestern Finland. The average contract length for the community service properties amounts to just over 13 years and just over 75 per cent of the properties have been built within the last five-year period.
“SBB continues to expand in our priority segments with a well-managed residential stock in the Malmö / Lund region as well as newly built community service properties in Finland with e.g. 20-year lease agreements with Alkio College in Jyväskylä and Sievi Municipality”, says Oscar Lekander, Head of Business Development, Samhällsbyggnadsbolaget i Norden AB.
For further information, please contact:
Oscar Lekander, Head of Business Development Samhällsbyggnadsbolaget i Norden AB, [email protected]