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Peab Company Acquires in Mountainside Locations

Sweden Sweden — Skiab Invest AB, half-owned by Peab and SkiStar, has today signed contracts for the acquisition of three lodges with a property value of SEK 737 million and development rights worth SEK 305 million from SkiStar.
TOP 4 Nordic
Laura Barstow.
Nordic Nordic —
Global capital raising executive joins Slättö
Ilija Batljan, CIO, Public Property Invest.
Nordic Nordic —
The Nordic investment plans for Public Property Invest
Erik Selin, CEO of Balder.
Nordic Nordic —
“I don’t think we will buy from Pandox”
Peter Wallin, CEO, and Jon Johnsson, CFO, at Bonava.
Nordic Nordic —
“We are really pleased with Bonava's regional exposure”
Pia Gideon, Chair of Klövern.

Klövern's Board Recommends Shareholders to Accept Corem Offer

Sweden Sweden — The Board of Directors of Klövern recommends holders of Class A and Class B shares in Klövern to accept Corem’s public offer, meaning that they will receive Corem Class A and Class B shares, respectively, as consideration.
Bård Bjølgerud, CEO of Pangea Property Partners.

The Future Need for Offices

Nordic — The transaction levels for offices have decreased in the Nordics over the last years. With new ways of working, brought on by the pandemic, concerned voices have been raised about the future need for offices. But Pangea’s CEO Bård Bjølgerud does not believe the demand for offices will take a hard hit going forward.
Bonava.

Bonava Winds Down Danish Operations

Denmark Denmark — Bonava has decided to wind down its operations in Copenhagen and exit the Danish market in order to increase efficiency and profitability in the Group.

Catella in Corporate Finance Appointment

Finland Finland — Catella has appointed Jenni Ervasti to its Helsinki Corporate Finance unit to strengthen Catella’s real estate advisory services in Finland.
One of the acquired properties, Generatorn 6.

Revelop Acquires Properties in Malmö and Gothenburg

Sweden Sweden — The real estate company Revelop, which recently closed its fifth value-add fund at SEK 2.1 billion, has acquired 17 commercial properties with a combined lettable area of 85,000 sqm for a total of SEK 850 million.
Tom Leahy, Senior Director, EMEA Analytics at Real Capital Analytics.

Why Denmark Is Booming While Most European Markets Wane

Denmark Denmark — The Danish market has boomed through the pandemic, compared to other European markets. Tom Leahy, Senior Director, EMEA Analytics at Real Capital Analytics, tells Nordic Property News about the key factors behind.
Sacha Pardon, Media Relations Manager of Boklok.

“The Year of the Pandemic Has Been Challenging in Many Ways”

Finland Finland — Sacha Pardon, Media Relations Manager of Boklok, on the attraction to Kerava, targets on the Finnish residential market, and the effects of the pandemic.
The Nordic companies with the highest operating income, according to the latest financial reports.

They Had the Highest Net Operating Income in Q1

Nordic — Nordic Property News presents the net operating income among the Nordic property giants, during Q1.
Illustration of MIMO, view from the north.

NCC in Property Development South of Gothenburg

Sweden Sweden — NCC is now commencing work on the property development project MIMO, encompassing approximately 40,000 square meters of offices, services and retail in Mölndal, due south of Gothenburg, Sweden.
Which companies performed in the profit list during Q1?

These Companies Have Increased Their Profit the Most in Q1

Nordic — Nordic Property News presents the listed Nordic companies’ profit before tax during the first quarter of 2021.
Heimstaden expands in Poland.

Heimstaden Acquires Large Polish Portfolio

Nordic — Heimstaden Bostad AB buys a newbuild portfolio with 2,496 homes in Poland for SEK 3.1 billion from leading Polish residential development company, Budimex.
Gustavsberg Centrum.

SPG Acquires Gustavsbergs Centrum

Sweden Sweden — SPG acquires Gustavsbergs Centrum from Nordika.
Michael Moschewitz.

Genova’s Real Estate Focus: Green Properties

Sweden Sweden — Michael Moschewitz, CEO of Genova Property Group, tells Nordic Property News about the attraction to Uppsala, how much they want to grow in the green property segment, green financing, and possible investments, going forward.
Patrik Hall, CEO of Heimstaden.

Why Heimstaden Chooses Denmark over Sweden

Nordic — Heimstaden continues its expansive journey and makes an entrance on the UK market. CEO Patrik Hall tells Nordic Property News about the future plans in the English market and why he has chosen to invest in Denmark across Sweden recently.
Siv Malmgren, CEO of John Mattson.

How John Mattson Wants to Grow in Stockholm

Sweden Sweden — John Mattson continues their growth journey – and steps in as a part-owner of two other companies. CEO Siv Malmgren tells Nordic Property News about the major investments and entry into HEFAB and EFIB, the ambitions for the companies, and how they want to continue to grow in Stockholm.
Bård Bjølgerud, CEO of Pangea Property Partners.

Pangea Property Partners Establishes Debt Advisory

Norway Norway — Pangea Property Partners expands its business and establishes Pangea Debt Advisory. The profiles Terje A. Pettersen and John Stene have been recruited from SEB and Swedbank Capital Markets.
Patrik Hall, CEO of Heimstaden.

Heimstaden Enters United Kingdom

Nordic — Heimstaden subsidiary, Heimstaden Bostad AB, buys newbuild project “Soho Wharf” with 752 residential units in Birmingham for SEK 1.9 billion (GBP 160 million) from Apsley House Capital and Galliard Homes. Galliard will also act as developer for the project.
Michael Berglin.

Michael Berglin Appointed Permanent CEO of Serneke Group

Sweden Sweden — The Board of Directors of Serneke Group has appointed Michael Berglin as President and CEO. Berglin has had the role of acting CEO since February this year and will take up his permanent role immediately.
Per W. Hallgren, CEO of Jeudan.

How Jeudan Will Rise in a Post Pandemic Environment

Denmark Denmark — CEO Per W. Hallgren: “We will – as always – seek further profitable investments in well-organized office properties in Copenhagen.”
They have investment most in their own stock in Q1 2021.

They Made the Largest Q1 Investments in their Own Portfolios

Nordic — Nordic Property News present a list of the investments made in their own portfolios by the listed Nordic companies during Q1.
Kristian Haaber, Brand Manager of Core Hospitality, and the location of the new Marriott hotel in Copenhagen.

The Global Hotel Interest for Copenhagen

Denmark Denmark — Kristian Haaber, Brand Manager of Core Hospitality, on what attracted Marriott International to Copenhagen, the outlook on the Danish hotel market, and the tough year for the hotel industry, due to the pandemic.
Eivind Hjulstad, CEO of Citybox.

Norwegian Chain Establishes Belgian Hotel – Without Seeing the Asset

Norway Norway — Citybox’s CEO Eivind Hjulstad: “Such an opportunity would most likely not have happened if it weren't for corona.”
Olav Thon, Chairman of Olav Thon Eiendomsselskap, and Arne B. Sperre, CFO.

The Biggest Challenges Ahead for Olav Thon

Norway Norway — Olav Thon’s CFO Arne B. Sperre, on the Q1 figures, the declined cross-border shopping, and the disappointment over the performance on the stock market.
Fairfield by Marriott Copenhagen Nordhavn is slated to open on Copenhagen’s waterfront in 2023.

Hotel Chain Fairfield by Marriott Enters Denmark

Denmark Denmark — Danish management company Core Hospitality has signed an agreement with Marriott International to debut Fairfield by Marriott in Denmark. Expected to open in 2023, Fairfield by Marriott Copenhagen Nordhavn will be located in the city’s North Harbour district.