A Nasdaq listed real estate investor, called Samhällsbyggnadsbolaget i Norden AB (publ) (”SBB”), has signed an agreement with eQ Care Special Investment Fund on the acquisition of a care property portfolio consisting of 55 real estates. The properties are mainly used as healthcare facilities and kindergartens and comprise approximately 71,000 sqm of lettable area.
The purchase price is approximately EUR 222M. The closing of the transaction is subject to the clearance of the Finnish competition authority. When closed, the deal will be the largest care property transaction ever done in Finland.
SBB is a significant owner of healthcare and public properties in the Nordic countries.
HPP acts as legal advisor to SBB in the transaction.