Image
Image
Claes Virgin, Managing Partner at Angermann Sweden.

Why the German Investor Enter the Nordics

Sweden Sweden — Claes Virgin, Managing Partner at Angermann Sweden: ”The previous owner has totally mishandled this.”
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”
Andreas Birgersson.

ABG Fastena Looks for Acquisitions in Finland and Sweden

Nordic — ABG Fastena has completed the first acquisition in the company's young history. With the first deal done CEO Andreas Birgersson looks ahead and tells Fastighetssverige about the plans for 2021: how much they are looking to invest, in which segments, in which regions and how many people they aim to add to the team.
Sverre Molvik.

Selvaag Bolig Buys Land for 420 Homes in Oslo and Stockholm

Nordic — Selvaag Bolig has acquired three sites in Oslo and Stockholm which can collectively accommodate about 420 homes. The first of these could be ready for sale in 2021-22.
Ilija Batljan, CEO of SBB, and Sonja Horn, CEO of Entra.

Entra Receives an Improved Offer from SBB

Norway Norway — The board of directors of Entra notes that SBB has announced an intended new voluntary offer with improved terms.
Biljana Pehrsson, CEO of Kungsleden.

Kungsleden Signs Several Lease Contracts in Kista

Sweden Sweden — Kungsleden has signed four lease contracts in Kista for a total of approximately 2,000 sq.m. The lighting company Signify, medical device company Swereco, digital media company Dicentia and technology company Now Electronics have all chosen Kungsleden in Kista.
Anne-Jan Jager, Director of Tristan Capital Partners.

The Nordic Real Estate Profile Leaves Tristan

Nordic — Information from the market reveals Anne-Jan Jager's new assignment.
Vision of the Kristinelund project in Malmö.

German Property Investor Enter the Nordics – Acquires Malmö Project

Sweden Sweden — The German company CapRate is establishing itself in the Nordic region through an acquisition. The total investment amounts to between SEK 700 and 800 million and involves an extension with five floors of housing on the existing property.
Anders Danielsson, CEO of Skanska.

Skanska in USD 669 Million Sale in USA

Sweden Sweden — Skanska divests a 95 percent interest in the 2+U office property in Seattle, Washington, USA, for approximately USD 669M, about SEK 5.5 billion, to South Korean financial group Hana Alternative Asset Management, alongside Hana Financial Group. The transaction will be recorded by Skanska USA Commercial Development in the fourth quarter 2020. Hana will immediately begin operations of the 2+U development.
Castellum's CEO Henrik Saxborn.

Castellum Doesn't Give Up on Entra: ”Together We Can Create Something Amazing”

Norway Norway — Castellum's CEO Henrik Saxborn on the revised offer to acquire the majority of the shares in the Norwegian heavyweight Entra, and the recent blockbuster divestment to the Blackstone subsidiary.

Related article Timeline: The Battle of the Norwegian Giant
One of the logistics areas owned by NRP and Partner Axel Wroll-Evensen.

Another NRP Fund Oversubscribed: “The Interest Exceeded Our Expectations”

Nordic — Axel Wroll-Evensen, Partner and Head of Business Development at NRP, tells Nordic Property News on the success with the X fund, challenges and obstacles during 2020, and the hottest segments in the Nordics at the moment.
Heimstaden in another residential acquisition.

Magnolia Bostad Sells 346 Residential Units to Heimstaden

Sweden Sweden — Magnolia Bostad is selling 346 residential units in Handen, Haninge Municipality to Heimstaden Bostad. The estimated property value upon completion will be around SEK 850 million.
The preference shares with the highest yields on the stock exchange.

These Are 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 2020?
The 18,378 sqm operational asset, acquired by Barings, is 100% let on a newly signed 10-year lease to Onninen AB.

Barings Acquires Prime Logistics Asset in Örebro

Sweden Sweden — Barings, one of the world’s largest diversified real estate investment managers, announces that it has agreed to acquire in an off-market transaction a fully let prime logistics asset in Pilängen, Örebro, Sweden from a joint venture between Swedish Kvalitena AB and Norwegian Ragde Eiendom AS.
The langhus property.

Logicenters Signs Lease Agreement Outside Oslo

Norway Norway — Scandinavia’s leading company within flow technology, GPA Flowsystem AS, has moved into Logicenters’ property in Langhus, just outside Oslo. The lease agreement is for a 5,350 sqm section of the logistics property company's facility.
Ångkvarnen and Mejeriet.

Atrium Ljungberg Buys Two Historic Properties in Uppsala

Sweden Sweden — Atrium Ljungberg has signed agreements to acquire two properties in the centre of Uppsala: Uppsala Kvarngärdet 33:2, also known as Mejeriet (the Dairy), and parts of Uppsala Kungsängen 22:2. Together these properties comprise almost 12,000 sq m and were acquired for a total of SEK 234 million.
Jonas Grandér, CEO of Nordika.

How Nordika Will Speed up the Finnish Expansion

Finland Finland — Jonas Grandér, CEO of Nordika, tells Nordic Property News about the recent divestment in Finland, pandemic effects for the company, and future growth targets.
Knut Holte.

SPG Acquires Attractive Oslo Plot: “We Believe in a Positive Price Development in Residential”

Norway Norway — Knut Holte, Managing Partner of SPG, on the acquisition in Oslo, his prediction of the residential prices back in February, and the outcome post the Corona outbreak.
Ilija Batljan.

SBB Acquires Two Community Service Properties from Wallenstam

Sweden Sweden — Samhällsbyggnadsbolaget i Norden acquires two centrally located community service properties let to school operators from Wallenstam for an agreed total property value of MSEK 380.
Antti Aarnio.

Antti Aarnio Appointed Sato's Acting President and CEO

Finland Finland — Sato's Board of Directors has appointed Antti Aarnio, 48, as the President and CEO of Sato, starting on December 18, 2020. Antti Aarnio acts as President and CEO until a permanent CEO is appointed. Aarnio also continues in his position as EVP, Rental Housing Business.
Henrik Saxborn, CEO of Castellum.

Castellum Increases Entra Offer – and Announces Major Sale to Blackstone

Sweden Sweden — On November 26, 2020, Castellum announced the intention to launch a share exchange and cash offer to eligible Entra's shareholders. Castellum now increases the consideration in the offer by 13.9% by offering each eligible Entra shareholder 8 newly issued Castellum shares for every 13 shares in Entra and NOK 54.39 in cash per share in Entra, representing a total value of NOK 1852 per Entra share excluding synergies.
Halvor Sand, Associate Director at Tristan Capital Partners.

Reasons Behind Tristan’s Divestment in Oslo

Norway Norway — Associate Director of Tristan Capital Partners, Halvor Sand: “The Nordics continues to be an important region for us.”

Pangea Property Partners: Nordic Property Markets Exceed EUR 40 Billion in 2020

Nordic — The Nordic property markets have recovered strongly from a dry second quarter and will reach EUR 41.5 billion in 2020, only 9 percent behind the record volume in 2019. A very active residential segment and several major deals in December are the main drivers, according to new figures from property advisor Pangea Property Partners.
The largest Nordic real estate companies on the stock exchange.

Updated List: The Largest Nordic Property Companies on the Stock Market

Nordic — Nordic Property News presents the current market capitalization among the Nordic real estate companies on the stock exchange.
YIT sells to OP.

YIT Sells Part of the Hybrid Block in Lahti to OP

Finland Finland — YIT has sold part of the hybrid block in the city centre of Lahti at Aleksanterinkatu 11 to the special fund managed by OP Real Estate Asset Management Ltd.
The future landmark tower of Gothenburg, and Ola Serneke, CEO of Serneke.

Ola Serneke on the Karlatornet Deal: ”A Day of Joy for Us”

Sweden Sweden — Ola Serneke, CEO of Serneke, on the importance of Balder’s entrance on the construction of the Nordics’ largest tower, Karlatornet, where they are right now in the construction process, and what the future might hold.