Swedish Landlord SBB Sells Some Properties to Reduce Debt
The face of Sweden’s property crisis has sold some properties to a municipality to strengthen its financial position.
2023-06-30 21:19
Riksbank Extends Tightening as Krona Weakness Fuels Prices
Sweden’s Riksbank raised borrowing costs and pledged accelerated bond sales, a response to stubborn inflation and a weak
2023-06-29 16:49
SBB Enters Exclusive Talks to Sell Stake in Property Portfolio
Sweden’s Samhallsbyggnadsbolaget i Norden AB has entered into exclusive discussions with Brookfield Asset Management to sell its remaining
2023-06-26 14:58
Troubled Swedish Landlord SBB Hit by Probe on Accounting
The landlord at the center of a commercial property crisis in Sweden is being investigated by the country’s
2023-06-22 15:59
Sweden’s Property Crunch Worsens as Another Landlord Cut to Junk
Sweden’s beleaguered property sector suffered another blow late on Friday night when one of the largest office landlords
2023-06-19 14:53
Anchorage, BlackRock Hire Adviser as SBB Battle Heats Up
A group of investors holding more than €1 billion ($1.09 billion) of SBB bonds have hired an adviser
2023-06-16 23:23
Landlord SBB Sinks Further Into Junk Territory in S&P Downgrade
The company at the center of Sweden’s property crisis was sent even further into junk territory by S&P
2023-06-08 14:18
A New Wave of Real Estate Pain Is Coming After $148 Billion Rout
Roiled by rising borrowing costs and falling valuations that wiped out $148 billion of shareholder value, European landlords
2023-06-03 15:55
SBB’s New CEO Seen to Strengthen Hand of Property Mogul Akelius
Sweden’s battered commercial property sector could be in for further consolidation after one of the country’s biggest landlords
2023-06-03 13:49
SBB Founder Steps Down as CEO of Troubled Swedish Landlord
Ilija Batljan, the founder and dominant shareholder of embattled Swedish landlord SBB, stepped down as chief executive officer
2023-06-02 21:58
SBB’s Embattled CEO Faces Tough Sell After London Investor Pitch
The property tycoon at the center of Sweden’s real estate crisis traveled to the City of London this
2023-06-02 15:27
SBB Woes Deepen After Holding Company Skips Hybrid Bond Payment
The crisis engulfing Swedish landlord SBB worsened after the chief executive officer’s investment company skipped interest payments on
2023-05-31 16:22