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Tokmanni to open a new store in Pälkäne.

Tokmanni to open a new store in Pälkäne

Finland Finland — Tokmanni has acquired a plot of land on Tervapirtintie in Pälkäne and signed a contract for the construction of a new store building on that particular plot, which is located in the immediate vicinity of 12 and Taukopaikka Aapiskukko service station.
TOP 4 Nordic
Peter Wallin, CEO, and Jon Johnsson, CFO, at Bonava.
Nordic Nordic —
“We are really pleased with Bonava's regional exposure”
David Mindus, CEO of Sagax.
Nordic Nordic —
Sagax acquires seven properties
Nordic Nordic —
Areim exec exits the company
Henrik Bastman.
Nordic Nordic —
Following the acquisitions in Finland – Storebrand Real Estate looks at new opportunities
Fabege welcomes Coor’s head office to Haga Norra.

Fabege welcomes Coor’s head office to Haga Norra

Sweden Sweden — Fabege has signed three lease agreements with Coor covering a total of approximately 4,500 square metres in the Kvarter 1 office project (Ackordet 1 property). Coor has also been given the task of providing service and comfort functions to tenants and visitors.

The companies with the lowest ICRs in the Nordics

Nordic — Nordic Property News presents a list over the Nordic listed companies with the lowest Interest Coverage Ratios for Q1 2023.
Peter Winther, Executive Director and Head of Capital Markets at Colliers Denmark, and Nyhavn, Copenhagen.

Colliers' expert: Danish companies are waiting for Swedish sales

Denmark Denmark — In Denmark the money is waiting to be spent on real estate, and many local investors on the market are hoping that the Swedish companies that own real estate in Denmark will start selling. Colliers Denmark's partner Peter Winther spoke of this during the advisor's latest Nordic Outlook, which was presented earlier this week. Nordic Property News gives you the picture of the Danish real estate market at the moment and the moves going forward.
Grustaget 1.

Wihlborgs adds building to warehouse property

Sweden Sweden — At the Grustaget 1 property in Väla södra, Wihlborgs is constructing a new building of 1,300 square metres for the machine rental company Renta, which is currently co-locating its operations in Helsingborg. The lease is for seven years.

Heimstaden appoints Head of Corporate Finance

Nordic — Rutger Kaeding starts 1 July as Head of Corporate Finance to lead an experienced team of 21 colleagues across Heimstaden’s markets.
NREP acquires from Vectura.

NREP acquires EUR 420 million Swedish care home portfolio

Sweden Sweden — NREP has announced that its NREP NSF V Fund has completed the acquisition of a portfolio of 22 properties for approximately EUR 420 million across Sweden, for management by its social infrastructure platform Altura. The portfolio was acquired from Vectura and is comprised of 20 care homes and two pre-schools, and the deal represents Sweden’s largest ever transaction in this asset class.
Leiv Synnes and Ilija Batljan.

Leiv Synnes replaces Ilija Batljan as CEO of SBB

Nordic — SBB replaces Ilija Batljan as CEO. Leiv Synnes, current CFO and Deputy CEO at Akelius, takes the helm at the company.
May was a gloomy and pitch-black month for the listed nordic real estate companies, where crisis-hit SBB fell wildly and lost 70 percent in value.

SBB slaughtered on the stock market in May

Nordic — May was a gloomy and pitch-black month for the listed nordic real estate companies, where crisis-hit SBB fell wildly and lost 70 percent in value. Nordic Property News presents a list of the companies' losses on the stock exchange during the fifth month of the year.

Partner leaves Slättö

Nordic — Partner leaves management position and bids farewell to Slättö after just under four years.

Resinova makes acquisition from John Mattson

Sweden Sweden — John Mattson has reached an agreement on the sale of the property Tryckregulatorn 1 on Lidingö. The purchase price is based on an underlying property value of SEK 525 million (approximately EUR 48 million) before deduction for deferred tax. The buyer is Resinova Bostads AB.
Europi JV makes sale-and-leaseback deal with Siemens.

Europi JV buys in Barcelona

Sweden Sweden — The joint venture between Swedish real estate company Europi Property Group, the Arié Family Office and Kefren Capital Real Estate has acquired its second office building in Barcelona.
Eva Landén, CEO of Corem.

Corem divests two properties in Gothenburg

Sweden Sweden — Corem has signed an agreement to divest two properties in the Gothenburg area at an underlying property value of SEK 111 million (approximately EUR 10 million), which is in line with book value.

The Highest LTVs in the Nordics

Nordic — Nordic Property News presents how high the loan-to-value ratio the listed companies had in Q1 2023.
Katri Harra-Salonen.

Kojamo's CDO to Leave the Company

Finland Finland — Katri Harra-Salonen, a member of Kojamo's management team since 2020, has resigned and will be leaving her current position as CDO (Chief Digital Officer) at Kojamo.
Therese Norling.

Areim Looks to Drive Green Transition within Datacenters

Nordic — Areim invests in data centers and closes a new fund with SEK 5 billion (approximately EUR 456M) in capital. Therese Norling, Fund Manager at Areim, tells Nordic Property News about the investment, the goals for Eco Data Centers, green transition and about investing in the segment during the current energy situation.
Bonava.

Bonava Makes New Attempt to Divest Russian Subsidiaries

Nordic — Bonava intends to divest its subsidiaries in St. Petersburg, and has reached an agreement with buyer RBI Group. Completion of the divestment is contingent on approval from authorities.
Amid the crisis in SBB, the Sweden's Ministry of Finance has made calls to major institiutinons to inquire about the interest in buying community properties, according to DI.

The Swedish Government Looks for Buyer of Community Properties

Sweden Sweden — Sweden's Ministry of Finance has recently made calls to large investors and inquired about their interest in buying community properties. This is stated by sources for Dagens industri. This at the same time as SBB, major owner of community properties, finds itself in crisis.
Karin Witalis, Associate Director, EMEA Research.

Colliers: The Office Compass Is in a Spin

Sweden Sweden — On Friday, Colliers released its latest office report and by all accounts, the pandemic continues to leave its mark. But when Karin Witalis, Associate Director, EMEA Research at Colliers, sums up the office market in Stockholm, it reads "everyone wants everything". Nordic Property News called her up to find out what that means.
Castellums project Infinity in the Hagastaden area in Stockholm.

Castellum Wants to Postpone Access in Major Office Project

Sweden Sweden — The company cites the current market situation and difficulties in paying the purchase price as reasons for wanting to postpone their access to one of the two properties that make up the SEK 1.7 billion investment Infinity in Hagastaden. Nordic Property News has more details about the matter.
Peab to build in Verkkosaari, Helsinki.

Peab Builds Apartments in Helsinki

Finland Finland — Peab has been commissioned to build an apartment building in Verkkosaari, Helsinki. The customer is Helsinki City’s ATT and the contract is worth EUR 17 million.
Ulrica Holmgren.

Newsec Recruits CDO

Nordic — Newsec has recruited Ulrica Holmgren to the position of Chief Digitalization Officer.
Henri Sulankivi leaves SRV.

Change in SRV Group’s Corporate Executive Team

Finland Finland — Henri Sulankivi, SVP, Regional Units and a member of Corporate Executive Team, has decided to leave the company.
A former Castellum boss has returned to the business at a nordic fund giant.

Former Castellum Head Returns to Nordic Giant

Nordic — Returns to an old acquaintance after more than 20 years to focus on the trade segment. Nordic Property News tells more.
Ilija Batljan, CEO of SBB Norden.

SBB Valuates Options – the Company Might Be Sold

Sweden Sweden — The Board of Directors of SBB has decided to broaden its review of strategic options in order to maximize value for SBB's shareholders.