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Soumen Ranta in Yekaterinburg.

YIT Started the Construction of Five Apartment Buildings in Russia in July–September

Finland Finland — YIT has started the construction of five new apartment buildings in Russia in July–September. The properties are located in St. Petersburg, Yekaterinburg and the Moscow region, and their combined value exceeds EUR 40 million. The buildings will consist of nearly 800 apartments in total. The residential start-ups will be entered in the order backlog of the third quarter of 2020.
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”
40,000 sqm building rights on Kungsholmen hits the market.

40,000 sqm Building Rights in Stockholm City Hits the Market

Sweden Sweden — One of the largest building rights deals in central Stockholm is on the market. Joakim Arvius, CEO of Pangea Sweden, that has the sales assignment, tells Nordic Property News about the 40,000 square meter building rights sale in central Stockholm, what the interest looks like and where the price picture is for the urban development project.
Andrew Hills, Managing Director – Client Portfolio Management, Invesco Real Estate.

“We Expect the Team to Source Deals in the Region”

Nordic — Andrew Hills, Managing Director – Client Portfolio Management, Invesco Real Estate, tells about the new debt platform, where in the Nordics they have been active during these challenging times, and future Nordic targets.
Michael Moschewitz.

Genova Makes Knivsta Acquisition

Sweden Sweden — Genova has agreed on the acquisition of the properties Gredelby 7:89 and Särsta 3: 398 in Knivsta to an underlying property value of SEK 246 million (SEK 28,300/square meter) before deduction of deferred tax.
Peter Winther, CEO of Colliers International Denmark.

The Danish Transaction Market: Expectations on a Busy Q4

Denmark Denmark — Peter Winther, CEO of Colliers International Denmark: ”Denmark continues to offer attractive investments yields and inexpensive mortgage financing.”
Today, Amazon.se open up for Swedish customers.

Amazon.se Launches in Sweden

Sweden Sweden — Customers in Sweden can start shopping on Amazon.se today, with low prices on more than 150 million products across more than 30 categories and reliable, free delivery on eligible orders above SEK 229 that are fulfilled by Amazon. Customers can shop from thousands of European and local Swedish businesses on Amazon.se.
Michael Moschewitz.

Genova Acquires in Uppsala

Sweden Sweden — Genova acquires 21,500 sqm warehouse and logistics in Uppsala.
Joachim Hallengren.

Different Market Challenges for Bonava

Nordic — Bonava’s CEO Joachim Hallengren on the Q3 results, how the countries differ, and what performance he is satisfied with.
Tormod Sandstø, Director, Media Relations at Telenor Group.

Reasons Behind the Major Oslo Divestment

Norway Norway — Tormod Sandstø, Director, Media Relations at Telenor, tells Nordic Property News about Telenor Real Estate’s future strategy, and why the timing of selling the Fornebu office was perfect at this stage.
Köpingeskolan.

Veidekke to Build New School in Trelleborg

Sweden Sweden — Veidekke has been commissioned by Hemsö to build the new Köpingeskolan in Trelleborg.
Stockholm.

Global Giant Launches New Debt Platform: Will Exploit the Funding Gaps

Nordic — Invesco Real Estate, and GAM Investments have agreed to transfer GAM’s commercial real estate debt finance business, including its European real estate debt team and corresponding European assets and investor relationships, across to Invesco.
Leif Danielsson.

Leif Danielsson Named COO of Nordr Sweden

Sweden Sweden — Leif Danielsson switches positions from Business Area Manager to COO for Nordr Sweden.
Håvard Nustad.

The Transaction Boom in Norway: “The Activity Is High in All Segments”

Norway Norway — Håvard A. Nustad, Partner and Director at Pangea Property Partners, on the latest massive acquisitions in Oslo, why the Norwegian market is booming right now, and what the transaction volume in Norway is estimated to, during 2020.
Stina Lindh Hök.

Nyfosa Acquires Properties for SEK 2.5 Billion

Sweden Sweden — Nyfosa has acquired all properties and projects in Estea AB’s wholly owned subsidiary and investment fund Estea Sverigefastigheter 3 AB at a value of approximately SEK 2.5 billion. Approximately 60 percent of the portfolio is located in the Stockholm region.
Joachim Kuylenstierna.

Prime Living and Studentbostäder i Sverige Becomes One Company

Sweden Sweden — Prime Living, listed on the Nasdaq First North Growth Market, has entered into an agreement to merge with Studentbostäder i Sverige AB ("Student residential in Sweden").
Kristin Willerström, Regional Director, Nordics at Pembroke.

“We Are Constantly Looking at New Investment Opportunities”

Nordic — Kristin Willerström, Regional Director, Nordics at Pembroke, tells Nordic Property News about possible expansion plans in the Nordic region, her view on the future office market, whether they will enter Copenhagen, and actions towards the tenants – during the pandemic.
Fredrik Lidjan, CEO of Magnolia Bostad.

Magnolia Bostad Proposes a Dividend Payment of SEK 2 per Share

Sweden Sweden — The Board of Directors of Magnolia Bostad AB has decided to propose a dividend payment of SEK 2 per share for the financial year 2019.

Residential Development to Be Finalized in Sweden's Number Five

Sweden Sweden — Hundreds of residential units will be built in a forest area, south of Västerås.
Johan Lagerdahl, Country Manager and Head of Asset Management at Patrizia Sweden, and skyline over the Hyllie area in Malmö.

Patrizia on the Attraction to Sweden: ”A Safe Haven for Real Estate Investments”

Sweden Sweden — Johan Lagerdahl, Country Manager and Head of Asset Management at Patrizia Sweden, on the EUR 100 million investment in Malmö, why they continue to grow in the Nordics, and why the corona outbreak hasn’t been challenging at all for the German investor.
Paul Spina and Stan Kubacek.

Heimstaden Strengthens Management Team and Scales Up International Presence

Nordic — Heimstaden announces the appointment of Paul Spina as Chief Asset Management Officer and Stan Kubacek as Senior Managing Director of Heimstaden’s Central and Eastern Europe investment team.
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.
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.”