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SBB I NORDEN AB ACQUIRES CULTURAL CENTER AND HOTEL IN SKELLEFTEÅ
SBB i Norden AB has issued a letter of intent that it plans to invest more than SEK 1 billion in Skellefteå’s future cultural center. SBB will own the entire property, including the hotel, and will rent it out to an operating company that the municipality will form within its corporate group, Skellefteå Stadshus. There were many interested parties during the sales process, which consolidates Skellefteå as an attractive business-friendly municipality.
“For us, the interest in Skellefteå is quite natural, as we are one of the strongest players in the Nordic region with a focus on community properties,” says SBB’s founder and CEO, Ilija Batljan.
“The whole concept of the cultural center, from its architecture and sustainability aspects to its activities and content, became a significant part of Skellefteå’s spatial planning. We are also interested in investing in other types of properties in the municipality in the future. We are now happy to be a part of Skellefteå’s ongoing positive community development,” Batljan continues.
The Letter of Intent (LOI) is a declaration of intent about the whole property, cultural center and hotel, being sold to SBB i Norden AB for one billion and fifty million Swedish kronor. A sales process preceded today’s decision where negotiations were held with several interested buyers.
“We gladly welcome SBB as another enterprise in Skellefteå,” says Maria Marklund (S), municipal councilor in Skellefteå. “We and many other players in Skellefteå work hard to promote the municipality’s benefits as a business-friendly location. The cultural center is a project that has attracted great attention, internationally and nationally, not least because of its architecture and its focus on long-term sustainability. I’m happy that so many have been interested in investing in this property,” concludes Marklund.
The agreement between Skellefteå municipality and SBB means, among other things, that the municipality has control of the property’s use for a long time to come.
LONG-TERM SUSTAINABLE COMMUNITY PROPERTY
“SBB’s clear focus on acting as a long-term sustainable community builder goes hand in hand with Skellefteå municipality’s vision and goals” says Lorents Burman (S), municipal councilor in Skellefteå.
“It is my view that they also see a strength in the vision of a cultural center that dares to dream, with the aim of being a dynamic meeting place that makes us think, feel and grow,” says Kristina Sundin Jonsson, chief executive of Skellefteå municipality.
“The new players who wish to invest in Skellefteå are important and positive for our development. The arrival of SBB is also the last and important puzzle piece before the start of construction of the cultural center. Now, we can at last look forward to starting the work in the autumn.”
BRIEF FACTS ABOUT SBB
SBB i Norden AB has currently property assets of more than SEK 20 billion. They focus on properties of importance to communities and are a long-term partner to some of Sweden’s largest municipalities
The company was founded in 2016 by Ilija Batljan, who is now CEO. In 2017, SBB i Norden AB was named Property Company of the Year and now is considered the strongest company in the Nordic region with special focus on community properties and projects.
More information about SBB can be found at www.sbbnorden.se