Swedish Landlord SBB Cuts Property Valuations Amid Market Pain
Struggling Swedish landlord SBB cut the valuation of its properties by 2.78 billion Swedish kronor ($271 million) in the fourth quarter, adding to the grim outlook for the company that’s seeking to shore up its finances.
Samhallsbyggnadsbolaget i Norden AB, as the company is formally known, on Tuesday reported a net operating income of 713 million kronor in the three months through December
https://www.bloomberg.com/news/artic...phoenix-europe
Struggling Swedish landlord SBB cut the valuation of its properties by 2.78 billion Swedish kronor ($271 million) in the fourth quarter, adding to the grim outlook for the company that’s seeking to shore up its finances.
Samhallsbyggnadsbolaget i Norden AB, as the company is formally known, on Tuesday reported a net operating income of 713 million kronor in the three months through December
https://www.bloomberg.com/news/artic...phoenix-europe
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