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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.
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”
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.
The Telegrafen building.

Tristan Capital Partners Divests Landmark Building in Oslo

Norway Norway — EPISO 4, an opportunity fund advised by Tristan Capital Partners, has announced the EUR 210 million sale of the landmark Telegrafen building in Oslo, Norway following an extensive renovation project. The 25,500 sq m building, situated in the Kvadraturen district of the Norwegian capital, has been sold to a syndicate by Arctic Securities in one of the largest single real estate transactions in Norway.
Stockholm skyline and Alexander Thams, Head of Nordics at Pictet Alternative Investors.

After the Data Centre Establishment: Pictet's Growth Plans in the Nordics

Nordic — Alexander Thams, Head of Nordic Real Estate at Pictet Alternative Advisors: “The Nordics is a key focus market for our investment activities.”
Christian Fladeland, co-CIO of Heimstaden.

How Heimstaden Finalized the All-Time High Residential Deal

Denmark Denmark — Christian Fladeland, co-CIO of Heimstaden, tells Nordic Property News about the acquisition of HD Ejendomme from Niam for about EUR 1.63 billion, the background of the massive investment, and future growth in Denmark.

Related article Niam and Heimstaden in Record-Breaking Residential Transaction Related article After the Massive Sale: Here Are Niam’s Danish Investment Targets
Ilija Batljan, CEO of SBB Norden.

SBB Acquires 54.3 percent of the Shares and Votes in Offentliga Hus

Sweden Sweden — SBB acquires 54.3 of the shares and votes in Offentliga Hus from Fastator. The total purchase price for all shares in the transaction amounts to SEK 2.139 billion.
Sverker Källgården, CEO of Cibus Nordic Real Estate.

Cibus Makes Swedish Acquisition

Sweden Sweden — Cibus Nordic real estate has signed and closed the acquisition of a property in Jönköping, Sweden for EUR 1.0 million.
The building is located in the border of the Kamppi and Etu-Töölö districts, in Helsinki.

KY Foundation Divests Landmark Property in Helsinki City Centre

Finland Finland — The Foundation for Business Students in Aalto University (KY Foundation) has sold an office property, which is known as the KY Building and located at Pohjoinen Rautatiekatu 21 in the Helsinki city center.
Karlatornet.

Balder Acquires 50 Percent of Karlatornet

Sweden Sweden — Balder is acquiring 50 per cent of the shares in Karlatornet AB, becomes a shareholder in Serneke Group and has agreed on the acquisition of almost 1,400 rental apartments and just over 12,000 sqm of commercial premises.
Peter Broström, Head of Nordics at Savills IM, and the Elgiganten distribution centre that Savills IM divested to DWS.

The Difference Between the Nordic Logistics Markets

Nordic — Savills IM completed a large divestment when the Elgiganten distribution center was sold to German DWS this week. Peter Broström, Head of Nordics at Savills IM, tells Nordic Property News about the future of the logistics fund, which he sees as Sweden's most interesting logistics areas and how the logistics markets differ between the various Nordic countries.
Sampsa Apajalahti, Investment Director at Capman Real Estate.

After the Latest Divestment: Capman on the Finnish Offensive

Finland Finland — Sampsa Apajalahti, Investment Director at Capman Real Estate, on the perfect timing of divesting the office building in Helsinki, whether the pandemic has affected Capman’s Finnish business, and the investment targets for 2021.
Patrik Andersson, Partner at Brunswick Real Estate.

Why Brunswick Invests in Data Centres

Sweden Sweden — Pictet Alternative Advisors and Brunswick Real Estate in partnership to form data centre platform across the Nordics, starting with 63,000 sqm asset in Stockholm. Patrik Andersson, Brunswick Real Estate, on the investment, and how 2020 has been for the company, in general.

Niam and Heimstaden in Record-Breaking Residential Transaction

Denmark Denmark — Niam has signed an agreement to sell a Danish residential portfolio, which includes the real estate company HD Ejendomme, to Heimstaden. A total of 152 residential properties are included in the portfolio, comprising 6,237 residential units, of which several have been developed during Niam's ownership.
Patrik Andersson, Brunswick Real Estate, and Alexander Thams, Pictet Alternative Advisors.

Pictet and Brunswick Join Forces to Form a Data Centre Platform

Sweden Sweden — Pictet Alternative Advisors and Brunswick Real Estate in partnership to form data centre platform across the Nordics, starting with 63,000 sqm asset in Stockholm.
Antti Louko.

Winners and Losers on the Finnish Transaction Market

Finland Finland — Antti Louko, Managing Director at Catella Finland, on the current trends on the Finnish investment market; how the pandemic has affected the transaction pace, and whether the vacancy rates will increase in 2021. “Still a lot of foreign interest towards Finland.”
Michael Berthelsen, Country Manager Denmark at Niam.

After the Massive Sale: Here Are Niam’s Danish Investment Targets

Denmark Denmark — Niam’s Danish Country Manager Michael Berthelsen tells Nordic Property News on the record-breaking divestment to Heimstaden; the background for the sale, why the timing was perfect, and why Heimstaden is the perfect buyer.
Vision of the project Kista äng.

Norwegian Giant Leaves Major Residential Project in Northern Stockholm

Sweden Sweden — City of Stockholm is planning for an area with 1,500 residential units. But the former listed Norwegian company leaves the project.
DWS acquires in Swedish logistics hotspot: Jönköping.

DWS Expands Footprint in Swedish Logistics Sector

Sweden Sweden — DWS has announced the acquisition of a well-located logistics property in Jönköping, Sweden for approximately EUR 141.6 million on behalf of one of its German open-ended retail real estate funds. The seller of the property is Savills Investment Management's Nordic Logistics Club Deal fund.
Skanska builds apartments in Helsinki.

Skanska Builds Apartments in Helsinki

Finland Finland — Skanska has signed a contract with the City of Helsinki to build new apartments in Helsinki, Finland. The contract is worth EUR 34M, about SEK 350M, to be included in the Nordic order bookings for the fourth quarter 2020.
Eva Granlund, Head of Real Estate Investments Nordics at Schroder Real Estate.

The Switched Focus for Schroder Real Estate in the Nordics

Nordic — Eva Granlund, Head of Real Estate Investments Nordics at Schroder Real Estate, tells Nordic Property News about the 5 GRESB stars, how they work with sustainability going forward, and the resilience on the Nordic transaction market.
Siri Hatlen, Chairman of Entra.

Entra's Board Recommends Shareholders Not to Accept Castellum's Offer

Norway Norway — Entra's board recommends that the company's shareholders not accept Castellum's offer for the company. However, the board is open to discussing a different approach to a deal, with Castellum or another player.
Per Johansson, CEO of Brinova, Peter Strand, incoming CEO of SLP, and Jakob Fyrberg, CEO of Emilshus.

Norama's Entire Portfolio Divested to Three Buyers

Sweden Sweden — Three buyers - Brinova, SLP and Emilshus - acquires Norama Real Estate Fund's 49 commercial properties with a total lettable area of approximately 170,000 square meters. The acquisition price amounts to SEK 2.014 billion.
Anna Reuterskiöld.

Why the Vacant Property Attracted Capman

Sweden Sweden — Anna Reuterskiöld, Partner and Head of Capman Real Estate Sweden: “This is a perfect case.”