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Aker's APG Invest Wraps Up Share Deals as Part of Public Property Invest's SBB Portfolio Buy

MT Newswires·12/16/2025 22:16:53
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10:16 PM EST, 12/16/2025 (MT Newswires) -- Aker's (AKER.OL) APG Invest said Tuesday a three-part transaction for a 33.32% economic interest in Public Property Invest (PUBLI.OL) closed on the same day. The deals were made as part of Public Property's now-completed 34 billion-Norwegian-krone acquisition of a real estate portfolio from Samhällsbyggnadsbolaget i Norden (SBB-B.ST, SBB-D.ST), d/b/a SBB, that made it the biggest listed social infrastructure property company in Europe. As announced Nov. 11, the industrial investment group's subsidiary agreed to subscribe for 1.3 billion kroner of class A shares in Public Property and 4.1 billion kroner worth of non-voting shares issued to SBB. APG's 4.9 million ordinary shares in Public Property were also exchanged for an equal number of non-voting shares.