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Announced

Public Property Invest to acquire community property portfolio of SBB for $3.4bn.

Synopsis

Public Property Invest, a sustainable owner, operator, and developer of infrastructure properties, agreed to acquire community property portfolio of SBB, a real estate company, for $3.4bn. "The proceeds from this divestment enable us to manage our debt profile efficiently, strengthen our financial stability, and benefit from a more favorable funding environment," Leiv Synnes, SBB CEO.

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