Press releases 17 December 2020

Wistrand advises SBB on its acquisition of community service properties

Wistrand Advokatbyrå has advised Samhällsbyggnadsbolaget i Norden AB (publ) (“SBB”) on its acquisition of two centrally located community service properties in Gothenburg.

The properties are let to school operators. The property Nordstaden 24:11 covers approximately 4,200 sqm and is today fully let. The largest tenant is Vittraskolorna. The property Inom Vallgraven 64:31 comprises approximately 1,700 sqm. The tenant is Kita’s Education, which rents the entire area

The seller is Wallenstam and the agreed total property value is SEK 380 million.

Completion will take place on 1 April 2021.