Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") has today sold eight properties in Linköping to municipality-owned Lejonfastigheter.
Leiv Synnes, CEO SBB: "Our relations with Nordic municipalities are of the utmost importance and we have said that we are open to dialogues with municipalities that want to acquire properties and where the municipality can act quickly. This is our second municipal deal during the second quarter and we have several dialogues with Swedish municipalities about further deals."
SBB intends to use the net proceeds from the transaction to strengthen the company's liquidity and financial position.
For further information, please contact:
Helena Lindahl, Treasury director & IR, ir@sbbnorden.se
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.