Latest Skebo News
Nov 30, 2020
Wistrand Advokatbyrå advised Samhällsbyggnadsbolaget i Norden AB (SBB) on the transaction. Samhällsbyggnadsbolaget i Norden AB has signed an agreement with Skellefteå’s public housing company Skebo for the acquisition of Skebo’s rent regulated residentials and community properties on Morö Backe at an agreed property value of approximately SEK 1.3bn. The transaction comprises 766 rent regulated residentials and 123 care and nursing apartments. SBB will, together with Skellefteå Municipality, develop building rights to invest an additional SEK 3bn in the construction of 1,500 new apartments in Skellefteå. In order to be able to realise the construction of new apartments, SBB has been allocated plots of land in several places in central Skellefteå and Bureå. The acquisition of the properties on Morö Backe is financed through the sale of certain financial assets. The acquisition as well as the investment in new apartments is conditional on Skellefteå City Council approving the deal. SBB is a major Nordic social infrastructure property company. SBB owns a property portfolio across Sweden, Norway, Finland and Denmark with a market value of SEK 30.8 billion as of 30 September 2019. The Wistrand team was led by Fredrik Råsberg (Picture).