Image
Image
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.
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”
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?
Hans Wallenstam, CEO of Wallenstam.

Wallenstam Launches New Climate Targets

Sweden Sweden — As a part of Wallenstam’s sustainability work, four climate targets are now being introduced. The aim of the targets is to further reduce the carbon footprint from the building operations and from the properties’ energy consumption and residual waste. In addition, all business trips shall be carried out in a carbon-neutral way.
Rolf Thorsen, CEO of Selvaag Bolig.

Rolf Thorsen Steps Down as CEO of Selvaag Bolig

Norway Norway — Rolf Thorsen is stepping down as CEO of Selvaag Bolig. He is being replaced by Sverre Molvik as CEO and Øystein Klungland as COO.
Helsinki.

Varma Divests Two Office Properties in Helsinki

Finland Finland — Varma Mutual Pension Insurance Company has sold two office properties in Lauttasaari, Helsinki. The total floor area of the Itälahdenkatu 15-17 and Itälahdenkatu 22A properties is over 15,000 sqm.
Portland Towers.

Hines Acquires Portland Towers Building in Copenhagen

Denmark Denmark — Hines, the international real estate firm, has acquired the iconic Portland Towers building in the heart of Copenhagen, Denmark. The asset was purchased from three Danish pension funds; PFA, ATP and Pension Denmark on behalf of the Hines Pan-European Core Fund (HECF).
Ilija Batljan, CEO of SBB Norden.

SBB Purchases Finnish Healthcare Portfolio for EUR 222 Million

Finland Finland — The portfolio comprises approximately 71,000 sq.m. of lettable area with a rental income of approximately EUR 13.6 million and a net operating income of approximately EUR 13.1 million. The average lease maturity of the portfolio is 7.6 years.