From June 1st, Cibus is trade in the Nasdaq Stockholm main market.

List Change for Cibus: Enters the Nasdaq's Main Market

Nordic — Nasdaq Stockholm's listing committee has approved Cibus' application for admission of the company's shares to trading on Nasdaq Stockholm's main market.
The former US embassy in Reykjavík.

Croisette to Sell the Former US Embassy on Iceland

Nordic — Croisette Real Estate Partner has been commissioned to divest the old US embassy in Iceland.
John German, Managing Director – Residential Investments at Invesco Real Estate tells Nordic Property News about the interest for Denmark.

The US Giant’s Growth Targets in Copenhagen

Denmark Denmark — John German, MD Residential Investments at Invesco Real Estate, on the recent Copenhagen acquisition, the attraction to Denmark, and which Nordic country they are monitoring at this stage.
Rikke Lykke.

Rikke Lykke Leaves Patrizia for New Top Position

Nordic — One of the most renowned people in Nordic real estate makes a big change as Rikke Lykke leaves Patrizia to take a new senior leadership position in the industry. She tells Nordic Property News about the decision to leave Patrizia and of her time at the company.
Jacob Smergel-Krog, CEO of Rubik Properties.

“Copenhagen Private Rented Sector Has Proven to Be Pandemic Resistant”

Denmark Denmark — Rubik Properties’ CEO Jacob Smergel-Krog on the massive interest for the Danish residential market.
Klarabo and Kuststaden merge.

Klarabo and Kuststaden Merge to form New Company

Sweden Sweden — KlaraBo merges with Kuststaden through a share exchange where shareholders in Kuststaden receive newly issued Series B shares in KlaraBo. Together, a pure residential property company is formed with a total property value of just over SEK 6 billion and over 5,000 apartments in management. Access is planned for June. In parallel, KlaraBo continues with the preparations for the planned IPO.
Thomas Sipos, CEO of Revelop.

“We Have Worked with Our Identity for Quite a Long Time”

Sweden Sweden — Thomas Sipos, CEO of Revelop, on the new name of the company, the recently announced Gothenburg and Malmö acquisitions, and why the private equity market is lacking behind during the corona outbreak.
Peter Wallin.

Why Denmark Is Not of Expansion Interest for Bonava

Denmark Denmark — Bonava’s Peter Wallin on his first months as CEO, and the decision to wind down the Danish operations: “Plenty of time and space to grow in Denmark, but…”
Invesco acquires residential in Copenhagen area.

Invesco Makes Another Copenhagen Investment

Denmark Denmark — Invesco Real Estate has acquired the exclusive rights to a new development of prime, Class A residential Private Rented Sector (PRS) asset located in Ishøj, Greater Copenhagen; developed by the Becker/Nielsen Group.

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.
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.