Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”) has entered into an agreement, subject to financing, with Oscar Properties Holding AB publ (”Oscar Properties”) to sell a property portfolio for SEK 1.4bn (the ”Sale”). The Sale includes two office buildings directly owned by SBB and the remainder consists of SBB’s 50 per cent joint venture Valerum.
The total property value of SEK 1.4bn is in line with the latest external valuation. The Sale is conditional upon Oscar Properties receiving the necessary debt financing and an equity injection.
”SBB’s transaction team continues to deliver sales with the ambition that SBB will achieve a BBB+ rating”, says Oscar Lekander, Chief Business Development Officer, Samhällsbyggnadsbolaget i Norden AB.
For further information, please contact:
Oscar Lekander, Chief Business Development Officer Samhällsbyggnadsbolaget i Norden AB, [email protected]