The EU Taxonomy is a key part of the EU Sustainable Finance policy reform package.

The acquisition has an impact on the ebitda guidance published on 21 February 2023.

Shares of SBB were up 27% at 10 a.m. London time after Bloomberg reported the troubled Swedish property group had attracted interest from investors including Brookfield Asset Management.

The aggregate purchase consideration for the Acquisition is approximately €76.8 million.

The complex offers a leasable area of approximately 4,676 sq.m in 30 apartments and 18 two-story houses.

The lowest inflation in the eurozone is recorded in Luxembourg (2%), Belgium (2.7%), Spain (2.9%), Cyprus (3.6%) and Greece (4.1%).

On an annual basis, construction output shrank by 1.5% in the euro zone and by 1.2% in the EU.

Completion of the development is scheduled for the second quarter of 2025, coinciding with the opening of the future line 15 of the Grand Paris Express.