The transaction is the largest ever in Finland in the healthcare segment. Samhällsbyggnadsbolaget i Norden AB's profit from property management on a 12-month rolling basis is expected to increase by SEK 136m.

The agreed property value for the portfolio amounts to EUR 222m. The properties are primarily located in southern and western Finland with 25 per cent of the property value in the Helsinki region. Elderly care homes make up 60 per cent of the portfolio, followed by 20 per cent special care homes and 20 per cent education.

Closing is expected to take place during the fourth quarter of 2020 and is conditional on the Finnish Competition Authority approving the transaction. The transaction is financed with own funds."We continue to strengthen our position in Finland and in line with our strategy to increase the number of elderly care homes under own property management," comments Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget I Norden AB.

For further information, please contact:
Ilija Batljan, CEO and Founder of Samhällsbyggnadsbolaget i Norden AB, ilija@sbbnorden.se

This information is information that Samhällsbyggnadsbolaget i Norden AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above on 15 October 2020, at 11:00 CET.

Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is the Nordic region's leading property company in social infrastructure. The Company's strategy is to long term own and manage social infrastructure properties in the Nordics and rentregulated residential properties in Sweden, and to actively work with property development. Through SBB's commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the Company an attractive long-term partner. The Company's series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm, Large Cap. The Company's preference shares (ticker SBB PREF) are listed on Nasdaq First North Premier Growth Market. Certified Adviser is Erik Penser Bank (contact: certifiedadviser@penser.se /+46 84638300). Further information about SBB is available at www.sbbnorden.se.