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Swedish housing fraud surges: hidden loans, unfinished units, drained associations
Dagens IndustriLO·SE·3 days ago
Swedish real estate firm SBB is divesting properties worth nearly 1.4 billion kronor to its associated company PPI, with consideration in cash and shares. This transaction likely aims to reduce SBB's debt burden amid ongoing financial strain. The deal's terms and impact on SBB's balance sheet remain to be detailed.