Will this serial acquirer swallow its latest target at a 33% premium?
alwaysinvertit.substack.com
Ilija Batljan is the brightest shining star of the Swedish real estate sector in recent years. From a standing start in 2016, he has built one of the largest real estate companies in Sweden, SBB. This was achieved primarily through furious deal-making with the view that yields should be falling. Smart use of bond markets and rating criteria also helped. Additionally, strained public finances at the municipal level in Sweden has made elected officials prone to sell off public real estate infrastructure in spite of record-low borrowing costs. Batljan spotted that opportunity early, likely wise from his political experience as chairman of the city council in Nynäshamn.
Will this serial acquirer swallow its latest target at a 33% premium?
Will this serial acquirer swallow its latest…
Will this serial acquirer swallow its latest target at a 33% premium?
Ilija Batljan is the brightest shining star of the Swedish real estate sector in recent years. From a standing start in 2016, he has built one of the largest real estate companies in Sweden, SBB. This was achieved primarily through furious deal-making with the view that yields should be falling. Smart use of bond markets and rating criteria also helped. Additionally, strained public finances at the municipal level in Sweden has made elected officials prone to sell off public real estate infrastructure in spite of record-low borrowing costs. Batljan spotted that opportunity early, likely wise from his political experience as chairman of the city council in Nynäshamn.