Public Property Invest Shareholders Approve Purchase of SBB Portfolio

01:01 AM EST, 12/10/2025 (MT Newswires) -- Public Property Invest's (PUBLI.OL) shareholders approved its proposed acquisition of a social infrastructure portfolio from property company Samhällsbyggnadsbolaget i Norden (SBB-B.ST, SBB-D.ST), d/b/a SBB. During an extraordinary general meeting held on Tuesday, the Norwegian property company's shareholders also proposed the issuance of 153,646,693 new shares to help finance the acquisition, according to a same-day release. Completion of the acquisition is expected in December, subject to remaining conditions, including approval from SBB shareholders during an extraordinary general meeting scheduled for Thursday.