Full of appreciation and pleased that RUBIK Properties gained the trust as local partner from another international investor client in facilitating their first acquisition in Denmark.

SBB (Samhällsbyggnadsbolaget i Norden AB), a Swedish real estate company listed on Nasdaq First North Premier, has acquired their first community serviced property in Denmark with a publicly financed tenant. The 3,400 sqm educational building is located in Ballerup and leased to the municipality of Brøndby.

Out of SBB’s SEK 25 bn. property value 8% is located in Sweden, 31% is located in Norway and 1% in Finland.

SBB’s main strategy is to own and manage community service properties (among other schools, elderly care and municipal/governmental agencies) in the Nordics and are now targeting regional cities in Denmark as well with the aim of increasing their property value to SEK 40 bn. by 2023.

[RUBIK Properties – an operating partner for international investors]