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Leiv Synnes

Leiv Synnes

SBB Stock Soars 20 Percent as Norwegian Aker Becomes Major Shareholder

The real estate company SBB is surging upwards with over 20 per cent on the Stockholm Stock Exchange. News about a new major shareholder from Norway, which is connected to an interim report, is behind the price rally.
SBB Stock Soars 20 Percent as Norwegian Aker Becomes Major Shareholder

SBB wants to "catch up" with higher housing rents

Higher housing rents, lower interest rates and lower margin requirements on real estate companies are expected to bring about the shift in the market that SBB needs, according to CEO Leiv Synnes. The wish list is presented in the prospects of an interim report where the struggling real estate company reports yet another billion-loss.
SBB wants to "catch up" with higher housing rents

New Billion Loss for SBB

SBB reports a new billion-loss for the second quarter of the year. The value of the company's properties is written down by 1.
New Billion Loss for SBB
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