Kari Kauniskangas will leave his position as CEO at YIT.

YIT's CEO Kari Kauniskangas to Step Down

Finland Finland — Kari Kauniskangas will leave his position as the President and CEO of YIT Corporation. The Board of Directors has already embarked upon the search process for a new CEO, and appointed Antti Inkilä, EVP of Housing Finland and CEE segment of YIT, as interim President and CEO effective 23 October 2020.
TOP 4 Nordic
Mikael Åslund.
Nordic Nordic —
“Can save a quarter of a million per newly built apartment”
Helena Paulsson, head of Afry Architects, and Thomas Sandell, cheif architect.
Nordic Nordic —
"Our supply is being sharpened towards the market"
Blackrock is among the largest owners in several of the listed Nordic real estate companies.
Nordic Nordic —
The development of Blackrock’s ownership in listed Nordic companies
Christian Fredrixon, Kristina Sawjani and Henrik Brinck Landelius.
Nordic Nordic —
The hottest free agents in the industry
Stockholm.

Blackrock Enters Another Swedish Listed Company

Sweden Sweden — The American giant Blackrock keeps investing in Swedish listed companies – becomes large owner in another high-profiled real estate player.

Related article Updated List: The Global Owners in the Nordic Heavyweights
Gjuteriet (The Foundry).

Oatly Relocates to New HQ

Sweden Sweden — From 2023 Oatly will lease 4,600 sqm in the property Gjuteriet (The Foundry) for their new headquarters. The property is owned by Varvsstaden, a JV between Balder and Peab.
Copenhagen skyline and Wihlborgs' CEO, Ulrika Hallengren.

Wihlborgs About to Expand Its Operations in Copenhagen

Denmark Denmark — CEO Ulrika Hallengren: ”More and more projects in Denmark.”
Montage of Ilkka Tomperi, Investment Director and Head of Real Estate at Varma, and Helsinki skyline.

Why Varma Is Continuing to Divest Assets

Finland Finland — Ilkka Tomperi, Investment Director at Varma: ”The recent exits were part of our normal portfolio management.”
The nine properties in the portfolio are located in Gothenburg, Lysekil, Stenungsund, Varberg, Hässleholm and Åstorp.

New Hot Portfolio Hits the Market

Sweden Sweden — The industrial segment is hotter than ever. Now a new portfolio is coming out on the Swedish market. Alexandra von Segebaden, Director at Croisette Real Estate Partner, tells Nordic Property News about the portfolio's structure and the broad interest in the portfolio.
Patrizia acquires from Slättö.

Patrizia Acquires Residential Development in Sweden for EUR 100M

Sweden Sweden — Patrizia has acquired a residential development project in Malmö, in the attractive suburb of Hyllie from Slättö, for approximately EUR 100 million.
Nicolai Tangen, Norway's Bank's CEO, Robert Steers, CEO of Cohen & Steers, and Gerald L. Hassell, Chairman of The Bank of New York Mellon.

Updated List: The Global Owners in the Nordic Heavyweights

Nordic — Nordic Property News presents an updated list of the foreign holdings in the Nordic listed real estate companies.
Åsa Bergman, CEO of Sweco.

Sweco Buys Norwegian Architectural Firm

Norway Norway — Sweco has signed an agreement to acquire TAG Arkitekter, thereby establishing an architectural business in the Norwegian market. Through the acquisition, TAG Arkitekter will become part of Europe's leading provider of integrated architectural and technical consulting services.
Hans Wallenstam, CEO of Wallenstam.

Wallenstam Has Reached 10,000 Rental Apartments Under Management

Sweden Sweden — Wallenstam now has 10,000 rental apartments under management. The tenant Dennis Furlan and his family are moving into Wallenstam’s 10,000th apartment in the new production in Elisedal, Gothenburg.
Bent Oustad, CEO of Norwegian Property.

“Demanding Times for Many Tenants”

Norway Norway — Bent Oustad, CEO of Norwegian Property, on the Q3 results, the Covid-19 effects during the ‘flattish’ third quarter and the giant acquisition in Oslo.
Rutger Arnhult.

Rutger Arnhult Increases Ownership in Swedish Giant

Sweden Sweden — High-profiled Swedish real estate player and Klövern CEO Rutger Arnhult increases his ownership in heavyweight.
Oslo.

Norwegian Property Makes Massive Oslo Acquisition

Norway Norway — Norwegian Property acquires Telenor's building in Fornebu, Oslo, for NOK 5.45 billion (EUR 496M).
Skandia acquires in Kungsbacka.

Skandia Acquires Three Properties in Kungsbacka

Sweden Sweden — Skandia Fastigheter continues to expand its community property portfolio when two schools and a health center are acquired.
Jarkko Lehtonen.

Future Investment Opportunities for United Bankers

Nordic — Jarkko Lehtonen, Portfolio Manager of United Bankers’ Nordic Property Fund, tells Nordic Property News about what kind of assets they are focusing on, which geographies that are of interest in the Nordics and whether the corona outbreak has changed the company’s planned investments.
The local detailed plan of the Kruunuvuorenranta Centre Block and property transaction is progressing.

The Local Detailed Plan of the Kruunuvuorenranta Centre Block Is Progressing

Finland Finland — The preliminary contract on the sale of the property and local detailed plan proposal of YIT and the City of Helsinki concerning the planning and implementation of the Kruunuvuorenranta Centre Block are progressing and will be discussed in the Urban Environment Division on October 20, 2020. YIT was selected as the Centre Block negotiating partner for the City of Helsinki through registration and negotiation proceedings organised in 2017.
Olav H Selvaag is Chairman of Selvaag Bolig.

Why Selvaag Bolig Let the CEO Go – Immediately

Norway Norway — Norwegian listed company Selvaag Bolig announced yesterday that Rolf Thorsen will step down as CEO. Chairman Olav H Selvaag on the reasons behind the decision, and how to build up the company’s management, going forward.
Janne Vaula, CEO of Premico Group, and part of Helsinki.

Premico’s CEO: “No Reason to Change Our Strategy”

Finland Finland — Janne Vaula, CEO of Premico Group, on the historic fund PCNRF, why carbon neutrality is an important focus area right now, and future investment targets for the company.
The Nordic real estate companies’ dividend yields.

Updated List: These Companies Provide the Highest Yields on the Stock Exchange

Nordic — Nordic Property News has listed the Nordic construction and real estate companies’ dividend yield. Here is the updated list.
Johan Skoglund, CEO of JM.

JM Obtains Legal Title for Office Building Rights

Sweden Sweden — The detailed planning for JM’s office project K1 Karlbergs Strand has gained legal force, and JM will obtain legal title and pay for the property during the fourth quarter of 2020. The purchase amount is approximately SEK 190 million, and construction is expected to begin in early 2021.
Jesper Göransson, CEO of Peab.

Peab to Decide on Distribution of Annehem Fastigheter at EGM

Sweden Sweden — Today, October 19, 2020 Peab’s Board has summoned to an Extra General Meeting (EGM) November 12, 2020 to decide on its proposal to distribute all the shares in the wholly owned subsidiary Annehem Fastigheter. The intention is to list the B shares in Annehem Fastigheter on Nasdaq Stockholm in December 2020. The distribution corresponds to equity of around SEK 2 billion.

Lehto Builds Wooden Residential Properties for NREP

Finland Finland — Nordic property investor NREP and construction company Lehto Group have signed preliminary agreements on the development of four wooden residential properties.
James Robson.

How Hines Will Continue to Grow in the Nordics

Denmark Denmark — James Robson, Managing Director of the US investor Hines’ Nordic operations: “It is challenging to find the right assets in any European market.”
Emilia Riikonen, CEO of Trevian Funds AIFM: “Considering the heavy carbon footprint of the real estate sector, we have a responsibility to decrease it.”

Why Trevian Make Large Investments – to Decrease the Carbon Footprint

Finland Finland — Emilia Riikonen, CEO at Trevian Funds AIFM, on the latest establishment of Trevian Carbon Sink Real Estate fund, how to decrease the heavy carbon footprint in the real estate sector, and how much they will invest in the current portfolio.
The preference shares with the highest yields on the stock exchange.

The Nordic Preference Shares’ Development in 2020

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, so far, this year?