Today, Sveafastigheter AB (publ) (“Sveafastigheter”) begins trading on Nasdaq First North Premier Growth Market, marking the company's entry as a listed company. Sveafastigheter was previous to the listing a wholly owned subsidiary of Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”). Sveafastigheter will be a key holding for SBB in the Residential business area.
A listing and broadening of the shareholder base of Sveafastigheter gives the company optimal conditions to capitalise on its unique market position and create the right conditions for growth. With a focused management, operations are intended to be streamlined with increased profitability as a result, which both SBB and other shareholders in Sveafastigheter will benefit from.
With approximately 14,500 apartments under management and a further 7,900 apartments in project development or under construction, Sveafastigheter is now Sweden's largest pure-play housing company in a listed environment.
For more information about the listing, please visit Sveafastigheter's website: corporate.sveafastigheter.se.
For further information, please contact:
Helena Lindahl, Treasury Director, [email protected], [email protected]
Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is the Nordic region’s leading property company in social infrastructure. The Company’s strategy is to long term own and manage social infrastructure properties in the Nordics and rent regulated residential properties in Sweden, and to actively work with property development. Through SBB’s commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the Company an attractive long-term partner. The Company’s series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm, Large Cap. Further information about SBB is available at www.sbbnorden.se.