United States, Nov. 14 -- JLL has acted as advisor to Public Property Invest ASA (PPI) in connection with the company's acquisition of a public property portfolio worth approximately 37 billion Norwegian kroner from Samhallsbyggnadsbolaget i Norden AB (SBB).The transaction represents one of the largest real estate deals in the Nordic region in recent years. Following the acquisition, PPI will become Europe's largest publicly listed company in social infrastructure. The acquired portfolio consists of public properties with long-term lease agreements and public counterparties.
Published by HT Digital Content Services with permission from Pivotal Sources....