YIT divests share in Bratislava office property.

YIT Sells Its Share in an Office Property in Slovakia

Finland Finland — YIT has sold its 50 percent share of the Pradiareň 1900, a project company owning an office property in Bratislava, Slovakia to a newly established sub-fund of RSJ Investments. RSJ Investments is a Czech real estate investor and a joint venture partner of YIT Slovakia in several projects via separate fund. Debt-free transaction price is approximately EUR 35 million.
The Nordic real estate companies’ dividend yields.

Updated Figures: The Highest Yields Among the Listed Property Giants

Nordic — Nordic Property News has listed the Nordic construction and real estate companies’ dividend yield. Here is the complete list.
Jussi Niemistö, Head of Research at CBRE Finland.

Modest Levels of Logistics Investments in Q1 – These Are the Reasons Why

Finland Finland — Jussi Niemistö, Head of Research at CBRE Finland, on the report Logistics Market Snapshot Q1; the high demand from both investors and occupiers, the limitation of transaction volumes during the first quarter, and the megatrends on the market.
Christian Birrell.

Heimstaden’s Expansion Plans for the UK Market

Nordic — Heimstaden has appointed Christian Birrell Managing Director/Head of UK Investments. He tells Nordic Property News about Heimstadens growth ambitions in the UK market, where they see attractive investment opportunities, the state of the UK residential market and how they will grow the local investment team.
Stenvalvet acquires property in Växjö.

Emilshus Sells to Stenvalvet

Sweden Sweden — Emilshus sells preschool property in Växjö to Stenvalvet.
Erik Ranje, CEO of Stendörren.

Stendörren Makes Fifth Purchase in Copenhagen

Denmark Denmark — Stendörren has the warehouse property Rönnevangsalle 8 in the Hilleröd in Copenhagen from a private seller.
Thomas Bertelsen, CEO at Birch Ejendomme.

Birch Gets New Global Owner: “A Professional Hands-on Investor”

Denmark Denmark — The UK investor Aermont Capital has agreed to acquire a majority interest in Birch Ejendomme. Thomas Bertelsen, Birch’s CEO, tells Nordic Property News on why they have decided to sell now, why Aermont is the optimal buyer, and whether it will be business as usual, going forward.
Tuultenristi Merituulentori.

YIT to Construct Office Building in Espoo Area

Finland Finland — YIT is launching the construction of the five-storey office building and a car park that will serve housing units of Tuultenristi in Tapiola.
The property Benkammen 16.

Wihlborgs Signs Logistics Agreement in Malmö

Sweden Sweden — Wihlborgs has signed an agreement with a logistics customer for 5,900 sqm at Benkammen 16 in Fosie in eastern Malmö, an in-demand area with a low vacancy rate. Occupancy is scheduled for June 2022.
Linnavuorenpuisto.

Toivo Group to Carry Out Housing Project in Helsinki

Finland Finland — Toivo Group has started construction work on a residential building project in Mellunkylä, Helsinki. The project is scheduled for completion during spring 2023.
Sofia Folstad.

SBS' Growth Ambitions on the Nordic Student Housing Market

Denmark Denmark — Studentbostäder i Norden (SBS) continues to exoand in Denmark. Following the new major acquisition in Copenhagen, the company's Head of Transactions, Sofia Folstad, tells Nordic Property News about the acquisition, the view of the Danish market, the competitive situation and how SBS wants to continue to grow in the Nordic region.
Liia Nõu, CEO of Pandox, Jani Nieminen, CEO of Kojamo, and F. Scott Ball, CEO of Citycon.

They Are the Highest Paid CEOs in the Nordic Companies

Nordic — Nordic Property News presents the wages of the CEOs in the largest Nordic real estate companies on the stock exchange.
Catena makes acquisition in Horsens.

Catena Acquires New Logistics Property in Horsens

Denmark Denmark — Catena is acquiring a newly constructed property in Horsens, Denmark from Ejendomsinvest Egeskovvej ApS, the third-party logistics company DKI Logistics A/S will then move into the property as a tenant.
Alecta Fastigheter adds new piece to the puzzle.

Alecta Fastigheter Adds New Important Piece to the Puzzle

Sweden Sweden — Recruits new important member to strengthen the team.
Rebecka Eidenert.

SBS Acquires Student Housing Project in Copenhagen

Denmark Denmark — Studentbostäder i Norden has signed an agreement to acquire a student housing project with 173 units located in Copenhagen.
Christian Birrell.

Heimstaden Appoints Christian Birrell as Head of Investments for the UK

Nordic — Heimstaden has appointed Christian Birrell as Managing Director/Head of UK Investments to help realise its growth ambitions in the UK and to expand its local investment team.
Jani Peräsarka.

The Divestment Focus for WasaGroup’s Funds

Finland Finland — Jani Peräsarka, Fund Manager and Founding Partner, WasaGroup, on the investment targets for Tuohex in the retail segment, the sale to Serena, and how to divest the rest of the assets of WasaGroup''s funds this year.
Rutger Arnhult, CEO of Castellum.

Arnhult Makes Small Divestment in Castellum

Sweden Sweden — CEO and largest owner, Rutger Arnhult, makes a small decrease of his holdings in Castellum.
Salla Kalliola, Taaleri Real Estate and Aktia Residential Fund+ portfolio manager.

Increased Competition in the Turku Residential Market

Finland Finland — Salla Kalliola, Taaleri Real Estate and Aktia Residential Fund+ portfolio manager: “More new investors are finding this market an interesting one.”
David Neil, CEO and Founding Partner of Genesta.

After the Helsinki Divestment – Here Are Genesta's Investment Targets

Nordic — After the divestment in Helsinki, Genesta’s CEO David Neil tells Nordic Property News what type of acquisitions and locations Genesta looks for going forward.

Wallenstam to Take Co-living Concept to New Location

Sweden Sweden — Wallenstam will take the first co-living concept to Southern Stockholm.
Jens Stender.

Jens Stender Joins NREP as Partner to Drive International Growth Agenda

Nordic — In his new role of Head of Global Markets, Jens Stender will lead NREP’s approach to growing and building new markets and business lines.
Andreas Birgersson, CEO of ABG Fastena.

ABG Fastena Acquires Two Properties

Sweden Sweden — ABG Fastena acquires properties in Kungsbacka and Skövde.
Convendum opens new coworking space in Barings' property.

Barings Sings Lease with Convendum

Sweden Sweden — Barings has signed a lease agreement for 3,700 sqm in Stockholm with Convendum.

Atrium Ljungberg Signs Lease with Sisab

Sweden Sweden — Atrium Ljungberg has signed a lease contract with Sisab, Skolfastigheter i Stockholm AB, for an upper-secondary school in Slakthusområdet. The school, which is planned to open ahead of the start of the school year in 2026, will house some 800 students and comprise just over 6,000 square metres of letting area.