Skandia Fastigheter to break ground on new office building in Arenastaden.

Skandia Fastigheter Builds 12,000 sqm Office Building in Arenastaden

Sweden Sweden — Construction of the new Ballongflygaren (the Ballooner) office building in Arenastaden will begin in the autumn. Next to Solna's commuter station, next to Ica's head office and opposite Westfield Mall of Scandinavia, approximately 12,000 sustainability-classified square meters will be available at the beginning of 2025.
Peter Strand, CEO of Swedish Logistic Property.

SLP Makes Another Sale and Lease Back Deal

Sweden Sweden — Through company acquisitions, SLP has today acquired a larger logistics property in Nässjö, designated Svedjan 1. The property has a total lettable area of ​​approximately 12,700 sqm and is currently leased to Industrilås i Nässjö AB with a nine-year lease. SLP will take over the property on June 30, 2022.
Joonas Lemström, Director at NREP, and the Bulevardi 21 property.

Investment Requirements for NREP’s Office Growth in Central Helsinki

Finland Finland — Joonas Lemström, Director at NREP: “Only a good location is not enough to meet our investment criteria.”
Maik Schott joins Union Investment.

Where Union Investment Looks for New Nordic Residential Acquisitions

Nordic — Union Investment strengthens their Nordic residential investment team as Maik Schott joins to take the position of Investment Manager Residential. He shares with Nordic Property News his view of the Nordic residential market, where he sees the most interesting opportunities and what attracted him about joining Union Investment.
Magnus Andersson and Joakim Alm.

Alm Equity Sells a Building Rights Portfolio and Becomes Large Owner in Aros Bostad

Sweden Sweden — Alm Equity and Aros Bostad have signed a letter of intent and are creating one of Greater Stockholm's largest housing developers. Alm Equity sells a project portfolio of 1,600 building rights to Aros Bostad with payment in shares and thus becomes large owner in the company.
Wanda's team in Sweden.

Fredensborg Enters Logistics Company

Nordic — Fredensborg and Norselab invest in Wanda.
Rickard Haraldsson.

Index Signs Lease with Pepsi Company in New York

Sweden Sweden — Index Investment Group has signed a ten-year lease to build 6,500 square meters of industrial premises and offices for Rolling Frito-Lay Sales, a division within PepsiCo. The establishment takes place on the Index industrial campus "New Venture Gear Industrial Campus", just outside Syracuse in New York.
Chaim Katzman (Citycon), Niels Jacobsen (Jeudan) and Siri Hatlen (Entra).

Updated Figures: The Most Influential Chairmen in the Nordic Heavyweights

Nordic — Nordic Property News presents an updated list of the shareholdings among the chairmen of the major real estate companies in the Nordics.

Blackstone Company Makes Key Appointments

Finland Finland — Several changes in management in Sponda.
Erik Selin, CEO of Balder.

Balder's Ambitions for the Hot Segment

Nordic — Balder has started to list industrial and logistics as its own property category in the financial reports. CEO Erik Selin explains why and shares his view of Balder’s growth ambitions in the scolding hot segment.
Copenhagen.

Heimstaden Buys Six Properties in Copenhagen.

Denmark Denmark — Heimstaden buys six properties from Bröderna Samuelsson Invest AB for MSEK 250.
Costco will open a store in Stockholm.

Arcona Builds Costco's First Store in Scandinavia

Sweden Sweden — Arcona has been commissioned by Costco Wholesale to build Scandinavia's first Costco store in Arninge, Stockholm.
David Dahlgren, CEO of Gladsheim.

Gladsheim's CEO on the Growth Supported by the American Investor

Sweden Sweden — David Dahlgren, CEO of Gladsheim Fastigheter: “They have played a huge part.”
ATP Real Estate sells Belgian property for EUR 605M.

ATP Sells Head Office of the Belgian Ministry of Finance for EUR 605M

Denmark Denmark — ATP Real Estate has sold its 90 percent stake in the company Galaxy Properties, that owns the North Galaxy property, to the Korean investment company KB Asset Management. With its 122,000 m2 and 107 meters in height, the North Galaxy property was the largest in the portfolio of ATP Real Estate. With a property value in excess of DKK 4.5 billion (EUR 605M), the transaction marks the largest single asset transaction in the history of ATP Real Estate.
Bulevardi 21 in Kamppi, Helsinki.

Genesta Sells Office Property in Helsinki to NREP

Finland Finland — Genesta sells the historic office property Bulevardi 21 in Kamppi on behalf of its fund, GNRE Fund II, to NREP. The approximately 10,100 square meter building was acquired in December 2015 and the property has since undergone extensive refurbishment.
Johan Knaust, CEO of K2A, and Knut Rost, CEO of Diös.

Updated Figures: The Most Influential CEOs in the Nordic Heavyweights

Nordic — Nordic Property News presents the shareholdings among the CEOs of the major real estate companies in the Nordics.

The Biggest Cheats on the Construction Market

Sweden Sweden — All Eastern European construction companies cheat with salaries and taxes, Lennart Weiss, Commercial Director at Veidekke Sweden, claims.

Leadership Change for Skanska USA Commercial Development

Sweden Sweden — Skanska USA Commercial Development announces that Robert Ward is no longer with the company.
Nordic Property News lists the vacancy rates among the listed real estate companies in the Nordics.

The First Quarter's Vacancy Rates Among the Nordic Giants

Nordic — Nordic Property News presents a list of the first quarter’s vacancy rates among the listed Nordic real estate companies.
SBB.

SBB Increases Presence in Hot Danish Market

Denmark Denmark — Signs lease agreement with regional city.
Peter Strand, CEO of Swedish Logistic Property.

"We Don't See Any Slowdown in Logistics Demand"

Sweden Sweden — Peter Strand, CEO of Swedish Logistic Property, on the first quarter's results, and the future investment focus for the recent listed logistics company.
Ilija Batljan, CEO of SBB Norden.

SBB Sells Building Rights in Falkenberg

Sweden Sweden — SBB sells 18,500 sqm of building rights to a consortium led by local entrepreneurs and the local construction company Peterson and Hansson. The price for the building rights is SEK 5,250 per sqm at the time of completion and an additional SEK 2,000 per sqm in connection with the construction being completed.
The Tikkurila property.

Sponda Signs Office Lease with Valmet

Finland Finland — Valmet has signed an agreement with the property investment company Sponda Ltd on the renting of a new office building that will be designed and constructed in Tikkurila, Vantaa in Finland.
Grete Aspelund.

NCC Appoints New Head of Industry

Nordic — Grete Aspelund will become the new Head of the NCC Industry business area. Grete Aspelund is currently President of Sweco Norway and will assume her new role no later than November 1, 2022.
Ville Raitio, CIO of Kojamo.

The Hot Residential Area in Finland's Number Two

Finland Finland — Ville Raitio, CIO of Finland’s largest private residential real estate company Kojamo: "Our strategy focuses on growing locations with strong..."