Press releases 21 May 2019

Wistrand has assisted SBB in the acquisition of 14 community properties for approx. SEK 1.2 billion from Hemsö

Wistrand has assisted Samhällsbyggnadsbolaget in Norden AB (publ) (SBB) in connection with the acquisition from Hemsö of 14 community propertys in Stockholm and Västra Götaland for SEK 1.2 billion.

The lettable area in the portfolio is 56,000 sq.m. and 94 per cent of rental income is generated from activities financed by public funds, of which 61% come from the state, county council or municipality with a focus on health and care. The rental contract in the portfolio is on average 6.8 years with rental income of SEK 79.7 million.

The acquisition strengthens SBB’s position as the Nordic region’s leading listed company in the community property sector.

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