Sweden's SBB Faces Fir Tree Partners' Bond Repayment Demand Amid Property Sector Turmoil

Sweden's property sector is in turmoil as SBB, a major landlord, faces pressure to repay its bonds after allegedly breaching a covenant. Fir Tree Partners demanded the repayment, prompting a funding crisis. Heimstaden's founder is considering selling part of his stake in response to the crisis.