Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) sells a large public office buildings portfolio to Nyfosa AB for SEK 4,892m. The agreed property value corresponds to the latest valuation. SBB has thus far divested properties for a value totalling SEK 10.62 billion since 23 December 2019. Furthermore, acquires SBB the project property Gamlestaden 2:8 in Gothenburg for SEK 400m.
The properties included in the transaction comprise a total of approx. 303,000 sq.m. distributed among 38 properties. The portfolio comprises the properties: Bälgen 9 i Arboga; Tyra 13 & 14 i Borlänge; Viljan 2 i Eskilstuna; Kobbegården 6:136 i Göteborg; Dahlberg 31-33, 52, 60, 61, Rügen 50, Sparre 3, Stumholmen 2:1, 2:21 i Karlskrona; Fängelset 5, Hunden 12, Södra Kasern 2 i Kristianstad; Uroxen 15 i Kristinehamn; Botulf 4 i Köping; Haren 15, Hermelinen 15, Porsön 1:403, Spiggen 4 i Luleå; Byrådirektören 3 i Malmö; Eken 12, Kassetten 1, Läraren 6, Telegrafen 2 i Motala; Lärkan 10 i Skellefteå; Tackan 9 i Sollentuna, Hvitfeldt 22, Solbacken 10 i Uddevalla; Vilunda 6:59 i Upplands Väsby; Boländerna 5:2 i Uppsala; Mon 13 i Värnamo; Gaslyset 2, Kungsängen 12, Lea 15, Samuel 1, Sigurd 5, Sigvald 5, 6, Västerås 1:199 i Västerås; Vindhjulet 3 i Örebro. The rental income amounts to approximately SEK 402m. WAULT is 2.3 years.
“SBB’s transaction team under the leadership of Lars Thagesson and Oscar Lekander is doing a great job in a challenging market. This helps us to continue to deliver divestments with the ambition to achieve a BBB+ rating within the next 12 months”, says Ilija Batljan, CEO and Founder of SBB.
The transaction is conditional upon the buyer aquiring necessary bank financing and approval from the Swedish Competition Authority. The financing condition must be resolved no later than 30 June 2020. Closing is scheduled for 15 July 2020 but may be postponed to 17 August 2020.
For further information, please contact:
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, [email protected]
This information is information that Samhällsbyggnadsbolaget i Norden AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above on June 10, 2020, at 22:30 CET.