Swedish landlord SBB rules out state support as cash dwindles

[ad_1] A general view of Stockholm, Sweden, May 8, 2017. REUTERS/Ints Kalnins/File Photo STOCKHOLM, July 14 (Reuters) – Swedish property group SBB (SBBb.ST) on Friday ruled out state support as…

Sweden’s embattled SBB probed for breaking accounting rules

[ad_1] The crisis around Sweden’s Samhällsbyggnadsbolaget i Norden (SBB) intensified this morning as the country’s Financial Supervisory Authority (Finansinspektionen, FI) launched an investigation into asset valuations and whether the housing…

Swedish property company SBB to sell remaining 51% of education unit

[ad_1] June 25 (Reuters) – Swedish real estate company SBB (SBBb.ST) said on Sunday it has entered discussions to sell the company’s remaining 51% of EduCo, the education subsidiary of…

Swedish landlord SBB hit with accounting probe

[ad_1] Receive free Samhällsbyggnadsbolaget i Norden updates We’ll send you a myFT Daily Digest email rounding up the latest Samhällsbyggnadsbolaget i Norden news every morning. Swedish regulators have opened a…

Sweden’s SBB Weighs IPO of $3.4 Billion Residential Unit

[ad_1] (Bloomberg) — SBB, the embattled developer at the center of Sweden’s property crisis, is considering carving out its entire residential business with a portfolio of 36.5 billion kronor ($3.4…

Fall from grace: How the property crash unravelled Sweden’s SBB

[ad_1] [1/2]A general view of Stockholm, Sweden, May 8, 2017. REUTERS/Ints Kalnins/File Photo/File Photo STOCKHOLM/LONDON/FRANKFURT, July 13 (Reuters) – For hundreds of thousands of ordinary Swedes, investing in one of…

UPDATE 2-Swedish landlord SBB jumps 20% on EduCo sale talks

[ad_1] (Updates throughout with analyst comment, share reaction, context) By Marie Mannes STOCKHOLM, June 26 (Reuters) – Shares in Swedish landlord SBB rose by as much as 20% on Monday,…

Embattled Swedish landlord SBB explores options including sale

[ad_1] Swedish property company SBB is considering options including an outright sale as the group at the heart of the Scandinavian country’s debt-fuelled real estate battles for survival. The board of Samhällsbyggnadsbolaget…

Europe stocks climb after U.S. debt ceiling deal; Swedish property group SBB soars 30%

[ad_1] 29 Mins Ago Fear of stagflation gripping oil producers, analyst says Andrew Critchlow, EMEA head of news at S&P Global Platts, previews the forthcoming OPEC+ meeting and whether further…

Europe markets close lower ahead of House vote on U.S. debt ceiling; SBB down 27%

[ad_1] 13 Hours Ago Oil prices extend losses Oil prices fell over 2% during afternoon deals, extending losses on weaker-than-expected economic data from China and a stronger U.S. dollar. International…