Press releases 21 December 2018

Wistrand assists SBB in the sale of residential properties to a JV with KlaraBo

Wistrand has assisted Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) in connection with the sale of 1,600 apartments in six locations in Sweden to a joint venture (JV) co-owned with KlaraBo.

The properties comprise in total 123,000 square meters of rental housing and are sold at an agreed property value of SEK 1.375 billion. The apartments are located in Bollnäs, Borlänge, Ludvika, Malmö, Smedjebacken and Sundsvall. The transaction means that SBB and KlaraBo expand their cooperation in addition to their existing joint venture with regard to development of building rights.

For further information:
Fredrik Råsberg, Managing Partner
E: fredrik.rasberg@wistrand.se
D: +46 8 50 72 00 47
M: +46 709 50 72 47