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SAMHÄLLSBYGGNADSBOLAGET I NORDEN AB (PUBL)

(SBB B)
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Samhällsbyggnadsbolaget i Norden : SBB commences the construction of 161 climate-smart apartments in Skellefteå

09/10/2021 | 02:31am EDT

Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") commences the construction of 161 apartments in Västra Erikslid in Skellefteå. With innovative technology, the buildings will have an energy use that is half of what the Swedish National Board of Housing, Building and Planning's building regulations prescribe.

The buildings are built with a wooden frame in the factory and arrive at the construction site for assembly into finished buildings. By industrializing the construction process, the construction time is shortened and becomes more resource efficient and thus more sustainable. Occupancy will take place at the end of 2022. The buildings will contain apartments (one to three bedroom). The contractor is Lindbäcks Bygg in Piteå.

Through innovative technology, the buildings will have a low energy use. Heat energy is utilized in wastewater at the same time as solar cells are installed on the roofs, resulting in the entire project being sustainable for the environment.

"We are pleased to be able to add 161 new apartments to our journey to build 1,500 apartments in Skellefteå. The good cooperation with the Municipality's officials and a streamlined construction process has meant that we can deliver climate-smart homes in Skellefteå in record time," says Erik Hävermark, Head of Project Development, Samhällsbyggnadsbolaget i Norden AB.

"In Skellefteå, sustainability is a clearly stated guiding star. We do not just need to build housing, we need to build sustainable housing for future generations. The innovative houses at Västra Erikslid fit in well with our quest for sustainability," says Lorents Burman, Chairman of the Municipal Board in Skellefteå.

For further information, please contact:

Erik Hävermark, Head of Project Development, Samhällsbyggnadsbolaget i Norden AB, erik.havermark@sbbnorden.se

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 rent regulated 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. Further information about SBB is available at www.sbbnorden.se.

http://publish.ne.cision.com//Release/ViewReleaseHtml/825DDC8092F52F14E0C856B0705FC7D6

https://mb.cision.com/Main/15487/3412834/1466460.pdf

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Sales 2021 5 870 M 685 M 685 M
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P/E ratio 2021 7,23x
Yield 2021 2,10%
Capitalization 86 060 M 10 031 M 10 044 M
EV / Sales 2021 25,5x
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Nbr of Employees 300
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Ilija Batljan Chief Executive Officer & Director
Rosel Ragnarsson Co-Chief Financial Officer & Finance Director
Eva-Lotta Stridh Co-Chief Financial Officer
Paul Lennart Schuss Chairman
Lars Thagesson Chief Operating Officer, VP & Deputy CEO