Real Estate
Embattled Landlord SBB’s Second Largest Owner Leaves Board
The building housing the headquarters of Samhallsbyggnadsbolaget i Norden AB (SBB) in Stockholm.
Photographer: Andrey Rudakov/BloombergThis article is for subscribers only.
SBB, the company at the center of Sweden’s property crisis, has seen its second largest shareholder leave the board of directors, a day after another board member resigned for health reasons.
Samhallsbyggnadsbolaget i Norden AB — as the firm is officially known — said Fredrik Svensson left the board due to “time constraints,” according to a statement late on Thursday. His decision follows this week’s resignation of board member Eva Swartz Grimaldi.