Page 2 - Bertil Nilsson News Today

Swedish property group SBB said one of its creditors has requested it immediately repay a bond after claiming it was in breach of a debt term, an allegation it said it rejected. The...

SBB did not identify the bond holder, but a person familiar with the case told Reuters the request came from U.S. hedge fund Fir Tree Partners.

Nordic property companies are likely to further write down the value of their real estate in the upcoming results season, analysts said, as rapidly rising interest rates have taken their toll on...

SBB: CEO Leiv Synnes said the companys sale of control in a schools property business to Canadian investor Brookfield was just the start of a sweeping overhaul of its operations, and that selling a minority or controlling stake in its residential arm could be next.

Property group SBB has agreed to sell one of its properties to a Swedish municipality for 191 million Swedish crowns as part of its drive to reduce debt. SBB is scrambling to bolster...

Swedish commercial property company Fastpartner has sought to reassure investors of its financial stability after Moodys had cut its credit rating to junk status. Fastpartner has enough... | June 19, 2023

Shares in Swedish real estate company SBB soared as much as 26% on Monday after incoming CEO Leiv Synnes said there would not be a fire sale of the companys assets. ... | June 5, 2023

Struggling Swedish real estate group SBB is broadening a strategic review to include the options of a potential sale of the whole company or some of its business segments, it said on Monday, sending its shares up more than 9%.