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K2A Sells Properties to Resinova

Sweden Sweden — K2A Knaust & Andersson Fastigheter has completed a sale comprising four properties in Växjö with an underlying property value of SEK 650 million. K2A is transferring the properties with vacant possession on 30 June 2023. The buyer is Resinova Bostad AB.
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
Linus Nilsson.

Pictet Appoints New Head of Nordics for Direct Real Estate

Nordic — Pictet Alternative Advisors has strengthened its real estate offering in the Nordic region with the appointment of Linus Nilsson as its new Head of Nordics, based in Stockholm.
Doxa's CEO Victor Persson comments on the major bid for Serneke.

Doxa's CEO: "A Friendly Offer after Close Dialogue"

Sweden Sweden — Doxa's CEO Victor Persson tells Nordic Property News about the work leading up to the company's billion-dollar bid for Serneke, why a takeover attracts so much and Karlatornet's part in Serneke's attractiveness.
Ola Serneke, founder of Serneke.

Ola Serneke: "We Were a Company That Never Gave Up"

Sweden Sweden — Yesterday it became clear that Doxa has submitted a takeover offer for Serneke Group. Ola Serneke, founder of Serneke, says to Nordic Property News that he is positive to the offer that means that company can get a broad and stable owner base. Now Jan C Johansson, Serneke group's chairman, also comments on the potential takeover "We didn't contact Doxa".
Terje Björsell.

Terje Björsell Appointed New CEO of SBF Fonder

Sweden Sweden — Terje Björsell has been appointed as the new CEO of SBF Fonder AB and will assume the role on May 2, 2023.
Logicenters builds for Frigoscania.

Logicenters Builds 36,000 sqm for Frigoscandia in Hyllinge

Sweden Sweden — The new logistics property will be specially adapted for storing food in several temperature zones. The facility, which is expected to be ready in the last quarter of 2024, will be located in Hyllinge, just outside Helsingborg, in direct connection to both the E4 and E6.
Joacim Sjöberg.

Increased NOI but Lowered Valuations for Castellum

Nordic — Castellum increased its Net Operating Income by 9.3 percent and rental income in comparable stock by 10.7 percent during Q1 – at the same time property valuations decreased by approximately SEK 6 billion.
Frida Carlsson, valuer and analyst at Cushman & Wakefield, on the challenges of converting offices into housing.

The Challenges in Converting Offices to Residential

Sweden Sweden — In the United States, there is talk of a "golden ticket" in the real estate market – that is to succeed in finding a vacant office building that can be converted into housing that can provide a lucrative future. The Swedish market hasn't really come that far, but with increasing vacancies in above all the older stock, one can ask – when will it be profitable to convert vacant office space into housing? Nordic Property News enlists the help of Cushman & Wakefield's valuer and analyst Frida Carlsson to dig into that and other issues surrounding office conversions.
Victor Persson, CEO of Doxa, and Ola Serneke, founder of Serneke and CEO of Serneke Invest.

Doxa Makes Public Offer for Serneke

Sweden Sweden — Doxa has made an offer for all the series B shares in Serneke. The board of directors of Serneke unanimously recommends the shareholders of Serneke to accept the public offer made by Doxa.
Christian Kielgast.

"Buyers Are Becoming Very Active and We Expect Activity to Pick Up"

Nordic — Nordic Hotel Consulting recently announced its expansion in Stockholm. CEO Christian Kielgast tells Nordic Property News about NHC’s goals for the Swedish market, the affects of the pandemic on the hotel market and why activity could rise on the hotel transaction market.

Catena Builds a New Logistics Facility in Jönköping

Sweden Sweden — Catena is building a new 33,000 sqm logistics facility in Jönköping, with a total investment of SEK 379 million. A lease agreement has been signed with Nowaste Logistics.

Amaron Acquires in Malmö

Sweden Sweden — Amaron Real Estate acquires the property Vägstekeln 1 in Malmö municipality.
Nordic Property News maps the Swedish securities funds' holdings in the Nordic listed real estate companies in 2022.

The Swedish Funds' Real Estate Favorites

Nordic — Nordic Property News lists the Swedish securities funds' holdings in the Nordic listed real estate companies in 2022. How many funds that own, how much they own – and the funds that sit most heavily in the companies.

The Supreme Administrative Court Rejects JM Application

Sweden Sweden — The Supreme Administrative Court announced on April 21, 2023, that it does not intend to hear the case between JM and Finansinspektionen with regard to JM’s annual report for 2017.
Lehto has signed an agreement to build Finnish headquarters and sizeable warehouses for power tool manufacturer Makita.

Lehto Gets Construction Assignment in Tuusula

Finland Finland — Lehto has signed an agreement to build Finnish headquarters and sizeable warehouses for power tool manufacturer Makita in Rykmentinpuisto area in Tuusula.
Skanska.

Skanska Takes over YIT Project in Helsinki

Finland Finland — Skanska chosen as the new developer of the high-rise project in Pasila, Helsinki.
The preference shares with the highest yields on the stock exchange.

Here Are the Nordic Preference Shares with the Highest Dividend Yields

Nordic — Nordic Property News has listed the Nordic real estate companies’ preferred stocks. Which stock provides the highest yield and which stock has had the best development during 2023?
Peter Strand, CEO of SLP, and Stina Lindh Hök, CEO of Nyfosa.

SLP and Nyfosa in Big Transaction

Sweden Sweden — Swedish Logistic Property has acquired and taken possession of four properties with a total lettable area of 48,610 sqm. The agreed property value amounts to 455 MSEK and the annual rent amounts to 30.2 MSEK.
Knut Pousette.

Företagsparken's Nordic Expansion Plans

Nordic — The Swedish real estate profile Knut Pousette on why he stepped down from the CEO chair at Fastator, his engagement in Företagsparken, and where the light industrial company will focus its Nordic investments, going forward.

YIT Downplays 2023 Expectations on the Housing Market

Finland Finland — YIT lowers its guidance for the full-year 2023 due to weaker-than-expected housing market and provides preliminary financial information for its first quarter 2023.
David Mindus, CEO of Sagax.

Sagax Closes Spanish Divestment

Sweden Sweden — Sagax has divested 36 properties in Spain in accordance with what was announced on 20 December, last year.
Christian Lindberg.

K2A on the Major Deal: "Sometimes You Have to Rethink Your Strategy"

Sweden Sweden — After the SEK billion deal between K2A and Savills IM, Nordic Property News spoke with Christian Lindberg, vice president at K2A, about why this was the best option right now for the company and whether the future holds more sales.
Johan Knaust, CEO of K2A.

K2A Divests Portfolio for SEK 1.1 Billion

Sweden Sweden — K2A Knaust & Andersson Fastigheter has completed a sale of six properties with an underlying property value of SEK 1,095 million. The buyer is Savills Investment Management.
Jussi Rouhento.

Catella Asset Management's Managing Director Joins Northern Horizon

Finland Finland — Jussi Rouhento will rejoin Northern Horizon as the Fund Manager and Managing Director in Finland as of 1 July 2023.
Fabian Søbak, CEO of Self Storage Group.

SSG Buys a Land Plot in Ålesund

Norway Norway — Self Storage Group has entered into an agreement to acquire a land plot at Emblem in Ålesund. The transaction has a value of NOK 9 million and the land plot has a gross area of 3,390 sqm.