Peab.

Peab wins six year old dispute over Unibail Rodamco Westfield

Sweden Sweden — A decision in the case between Peab and Unibail Rodamco Westfield regarding the contract for Mall of Scandinavia in Solna was handed down on June 30, 2023. The judgement entails a positive effect on Peab’s operating profit by SEK 400 million in the second quarter.
TOP 4 Nordic
Nordic Nordic —
Winners and losers on the stock market in April
Michael Swank.
Nordic Nordic —
The segments Blackstone consider attractive in the Nordics
Ingunn Andersen Randa.
Nordic Nordic —
Obos to allocate more capital into the Swedish market: "It's bubbling with positivity in the big cities"
Nils Styf, CEO of Hemsö.
Nordic Nordic —
“Our assessment is that property values have bottomed out”
Anders Danielsson, CEO of Skanska.

Skanska order in USA cancelled

Sweden Sweden — Skanska announces order cancellation in Massachusetts, USA, worth USD 112M, about SEK 1.2 billion.

YIT divests residential units within the group

Finland Finland — YIT sells 190 apartments in Finland to its joint venture’s rental housing portfolio.
Peab builds logistics facilities in Helsingborg.

Peab to build logistics assets in Helsingborg for Catena

Sweden Sweden — Peab has been commissioned to build three logistics facilities in Helsingborg. The customer is Catena and the contract is worth SEK 700 million.
The Nordic real estate companies’ dividend yields.

The dividend yields among the Nordic stocks

Nordic — Nordic Property News presents which of the listed Nordic construction and real estate companies that have the best yields. Here is the complete list.
Catarina Molén-Runnäs, Head of NCC Building Nordics.

How NCC is constructing buildings with high safety levels

Norway Norway — Catarina Molén-Runnäs, Head of NCC Building Nordics, on the major order in Bærum, the work along with the authorities, and why NCC will succeed in a complex process.
Malmö

Region Skåne wants to buy back properties from SBB

Sweden Sweden — Primary care, public dental care, psychiatry Simrishamn hospital are some of the activities that Region Skåne has in SBB's properties. Now comes a proposal from the Social Democrats in Region Skåne to buy off the properties. Henrik Fritzon (S) believes that the crisis in SBB focuses on a weakness in Scania's healthcare.
Ewa Wassberg.

Balder updates its green financing framework

Sweden Sweden — The updated green financing framework sets a standard for green financing. The green financing framework has been designed to provide Balder with a range of green financing opportunities and is based on third-party certified properties and ambitious goals for energy consumption.
Veidekke to build Kvam upper secondary school in Norheimsund.

Veidekke to build upper secondary school

Norway Norway — After completing the interaction phase, Veidekke has been awarded the contract to build the new Kvam upper secondary school with a cinema and library in Norheimsund.
Nöten 4.

Fabege signs lease LOI of 66,000 sqm

Sweden Sweden — The letter of intent covers the letting of all floor space in the property Nöten 4, which is located in Solna Strand.
Kim Särs, Trevian's Business Director of Residential real estate.

Trevian: “We will be well prepared for better times”

Finland Finland — Kim Särs, Trevian's Business Director of Residential real estate, on the residential development in Helsinki CBD, the housing need in Finland and upcoming investment opportunities in the challenging market.

Strongest transaction month in 2023

Nordic — Colliers’ latest monthly report shows that May was the best transaction month so far this year on the Nordic market. Deals were made for close EUR 1.8 billion. Nordic Property News takes a closer look at the figures.
Titania's CEO Einar Janson and K-Fastigheter's CEO Jacob Karlsson.

Titania and K-Fastigheter create JV

Sweden Sweden — K-Fastigheter has signed a Letter of Intent with Titania for a Joint Venture regarding a building right in Vallentuna comprising 74 apartments.
Viktor Baláž.

Verdion strengthens team – appoints Development Manager

Denmark Denmark — Verdion has announced the appointment of Viktor Baláž as Development Manager in Copenhagen, increasing the business’s technical expertise to support its Nordics portfolio growth.
Juha Niskanen, Property Manager at Y-Säätiö.

How the foundation wants to eliminate homelessness in Finland

Finland Finland — Juha Niskanen, Property Manager at Y-Säätiö, tells Nordic Property News about the recent acquisition from VVO, the company’s housing vision, and future investment priorities.

Slättö's logistics platform Evolv acquires Nordic logistics portfolio

Nordic — Slättö, through its logistics and light industrial team, Evolv, expands its portfolio by acquiring ten properties in strong locations in Stockholm, Gothenburg and Helsinki with an underlying property value of MSEK 455 (app. MEUR 40).
Rutger Arnhult, CEO of Corem.

Corem's Massive Divestment Journey

Nordic — Since the acquisition of the old version of Klövern went through, Corem has started a serious divestment project. Nordic Property News has taken a closer look at the work which – in addition to the sales to the own JV company with ALM Equity and the disposal of all shares in Castellum – after the latest sale in Denmark now amounts to close to SEK 10,833 million (approximately EUR 927 million) since December 2021.
SLP.

SLP utilizes building rights and builds to existing tenant

Sweden Sweden — In March this year, SLP signed a seven-year lease with a global technology company regarding the entire existing area of 2,900 square meters at the Timglaset 2 property in Landskrona. There is a building right on the property which will now be used for the same tenant when an extension of 1,400 sqm will be built.

Catena creates new terminal in Sundsvall

Sweden Sweden — Catena is building a new 5,012 sqm refrigeration terminal in Sundsvall, with a total investment of SEK 120 million. A ten-year lease agreement has been signed with Kyl & Frysexpressen.
NCC builds secure psychiatric unit in Bærum.

NCC secures major order in Bærum

Norway Norway — NCC will build a new hospital building for psychiatry in Bærum municipality. The project is commissioned by the South-Eastern Norway Regional Health Authority, Helse Sør-Øst. The order value is approximately SEK 1 billion.
The preference shares with the highest yields on the stock exchange.

Updated figures: 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?
SBB.

SBB in discussions to sell its education portfolio

Nordic — SBB enters into exclusive discussions to sell the remaining 51 percent of the social infrastructure portfolio for public education.
Serneke and K-Fastigheter in a Gothenburg deal.

K-Fastigheter acquires building right from Serneke

Sweden Sweden — K-Fastigheter has acquired yet another building right in Gothenburg. The building right is for approximately 124 rental apartments. The acquisition is made from a company within the Serneke Group.
Stovner swim center.

NCC to build swim center in Oslo

Norway Norway — NCC has been contracted by Oslobygg KF to build the Stovner swim center in Oslo, Norway. The parties have developed the project in partnering form and construction of the swim center can now commence. The order value is approximately SEK 800 million.
Part of Round Hill's Danish portfolio and Kirk Lindstrom, CIO at Round Hill Capital.

Round Hill Capital on Nordic hunt: "We continue to seek additional opportunities"

Nordic — Round Hill Capital’s European Residential Income Fund II closes following a final tranche of EUR 90 million secured in May. Kirk Lindstrom, CIO at Round Hill Capital, tells Nordic Property News about the volatility in the global capital markets and its effects, the Nordic investment plans, and which country in the region the investor sees as the most attractive.