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Landlord SBB Gets $720 Million Cash Boost in Brookfield Deal

(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 ....

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SBB CFO Quits in Shakeup at Troubled Swedish Property Owner

(Bloomberg) A potential management shakeup began to take shape at embattled Swedish landlord SBB on Friday as Chief Financial Officer Eva-Lotta Stridh announced she was leaving the firm after seven years in the role.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefBond Bulls at JPMorgan, Allianz Double Down on a Bet Gone BadCargill Tests 123-Foot-Tall Sails in Effort to Slash Fuel BurnStock Rebound Fizzles Out as Bond Yields Climb: Markets WrapStrindh is a ....

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Embattled Swedish Landlord SBB Cut Five Steps Into Junk by Fitch

(Bloomberg) SBB, the landlord at the center of Sweden’s commercial property crisis, saw its issuer default rating downgraded five steps to B- by Fitch Ratings with a warning that more cuts could be on the way.Most Read from BloombergBorrowers With $39 Billion in Student Loans Finally See ReliefNasdaq 100 Climbs 1% as Tech Powers Stock Rebound: Markets WrapMusk Told Pentagon He Spoke to Putin Directly, New Yorker SaysBond Bulls at JPMorgan, Allianz Double Down on a Bet Gone BadThe move against ....

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

(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 billion) for an initial public offering, according to a person familiar with the matter. Most Read from BloombergTrump Cites Self Incrimination Concern in Lawsuit Against CohenElon Musk Says Treasury Bills Are ‘No-Brainer’QQQ Churns in Late Hours on Apple, Amazon Earnings: Markets WrapApple Faces Longest Sa ....

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