Press releases 1 October 2018

Wistrand assists SBB in the sale of properties for SEK 1.153 billion to a JV with Property AD

Wistrand has assisted Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) in connection with the sale of 39 properties with an underlying property value of SEK 1.153 billion to a joint venture co-owned with Property AD.

The 39 properties are located centrally in the municipalities of Oskarshamn, Västervik, Nyköping, Karlskrona, Hudiksvall, Karlstad, Älvdalen, Malung-Sälen, Motala, Hedemora, Tomelilla, Hörby, Ludvika, Skövde, Ovanåker, Helsingborg, Flen, Norrköping, Torsby, Hagfors & Svalöv. The total leaseable area encompasses 108 248 sqm with approx. 59 MSEK in operating net of. The properties comprise both community service properties and offices.

The joint venture is owned 50:50 by SBB and Property AD. Property AD has extensive experience in the area of transactions and rental, which will also be the focus of the joint venture.

For further information:
Fredrik Råsberg, Advokat / Managing Partner
D: +46 8 50 72 00 47
M: +46 709 50 72 47