SBB Attracts Brookfield Interest in Bid to Rescue Landlord
- Founder Ilija Batljan made pitch in London in rescue effort
- Talks with Brookfield and other investors at early stages
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Swedish landlord SBB has attracted interest from investors including Brookfield Asset Management, as the property tycoon at the center of the country’s real estate crisis faces an uphill battle to save his $13 billion empire.
The Canadian investment group is among investors involved in early stage talks with Samhallsbyggnadsbolaget i Norden AB to evaluate the real estate firm’s portfolio, said the people, who asked not to be identified as the meetings weren’t public.