Landlord SBB Gets $720 Million Cash Injection in Brookfield Deal bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) Struggling Swedish landlord SBB took a major step toward stabilizing its finances after agreeing to sell a further stake in a portfolio of school buildings to Canada’s Brookfield Asset Management Ltd. Most Read from BloombergChinese Gold Buying Is Driving a Paradigm Shift in BullionWells Fargo Preps for Wealth Battle After $1 Billion TurnaroundUS to Keep a Distance From India-Canada Dispute, Signum’s Myers SaysBond Market Faces Quandary After Fed Signals It’s Almost DoneRaw Meat-E
Sweden’s hot housing market cooled last year as the Riksbank tightened monetary policy to fight inflation, leading to steeply increasing mortgage rates and debt costs and sharply plunging house prices. Although household confidence is up, the housing market is not out of the woods, with Sweden’s economic indicators on the pessimistic side.
SBB Founder s Holding Firm Cut Further Into Junk by Scope bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.