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Rolf Thorsen, CEO of Selvaag Bolig.

Selvaag Bolig Sold Homes Worth NOK 1.1 Billion in Q3

Norway Norway — Selvaag Bolig sold 209 homes worth a total of NOK 1,104 million in the third quarter of 2020. Sales for the first nine months amounted to 591 homes worth NOK 3 058 million.
TOP 4 Nordic
Erik Ranje, CEO of Stendörren.
Nordic Nordic —
Erik Ranje: "When Stockholm becomes a bull market, it often becomes too expensive"
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”
Montage of Helsinki and Mika Matikainen, Managing Partner at Capman Real Estate.

Future Investment Plans for Capman in the Nordics

Nordic — Mika Matikainen, Managing Partner of Capman Real Estate, tells Nordic Property News about the quick fundraising process of the new value-add real estate fund CMNRE III, challenges during the pandemic, and what segments they are looking at, going forward.
Ola Serneke, CEO and Founder of Serneke.

Ola Serneke: “We Evaluate All Possibilities”

Sweden Sweden — International expansion plans and questions about the upcoming (?) sale of Karlatornet – which will be the Nordics’ tallest building. Ola Serneke, CEO of Serneke Group, on the current status of the groundbreaking project.
Capman expands BVK’s Danish portfolio.

Capman Expands BVK’s Danish portfolio – Makes Major Acquisition

Denmark Denmark — Capman Real Estate expands Bayerische Versorgungskammer’s (BVK) Danish portfolio. The new acquisition for a real estate fund managed by Universal-Investment-Luxembourg S.A. is a 37,440 sqm residential project in Kirkebjerg, Brøndby developed by Casa, who originally purchased the property in December 2019. The transaction, amounting to more than DKK 1 billion, will be one of the largest residential transactions in Denmark in 2020.
Sofia Sandh and Rickard Slagbrand.

Cromwell Boost Its Nordic Team as Part of Nordics Expansion

Nordic — Real estate investor and manager Cromwell Property Group has boosted its Nordic team with the hire of Sofia Sandh as Investment Manager and Rickard Slagbrand as Transactions Manager.
Which companies are the winners and which are the losers on the stock market in September?

These Are the Winners and Losers on the Stock Market in September

Nordic — Nordic Property News has the complete list of how the Nordic real estate and construction companies performed on the stock exchange in September.
Hans Wallenstam, CEO of Wallenstam.

Wallenstam: Completed Transactions and Construction Starts During Q3

Sweden Sweden — Wallenstam has started the construction of 85 apartments, of which 12 are so-called co-living apartments, in the development project Kallebäcks Terrasser in Gothenburg. During the quarter, a total of 145 apartments were completed and occupied in two different projects. In September, land was also taken into possession for future new production in Österåker.

Great Expansion Plans North of Stockholm

Sweden Sweden — A large school and over 1,600 homes to be produced in the suburban area in Sweden’s capital.
Per Ekelund, CEO of Victoria Park, and Hembla.

Possible Residential Challenges for German-Owned Victoria Park/Hembla

Sweden Sweden — CEO Per Ekelund: “Of course, the banks are looking at us, but they see what a strong owner we have.”
Kestutis Sasnauskas.

Eastnine Acquires Office Property in Vilnius

Sweden Sweden — Eastnine acquires an office property in central Vilnius for EUR 20 million. The property is directly adjacent to Eastnine's property Vertas.
Joachim Hallengren.

Bonava's CEO to Step Down

Nordic — Joachim Hallengren will be leaving his position as President and CEO of Bonava AB. Hallengren will remain in his role during a transition period which will end at the latest when a successor takes office. The recruitment process for a new CEO will be initiated immediately.
Lindevangs Allé in Frederiksberg in Copenhagen.

Capman and Casa JV Invests in Frederiksberg

Denmark Denmark — Capman’s new value-add real estate fund CMNRE III has acquired a prominent property on Lindevangs Allé 8-12, Frederiksberg in a joint venture with property developer Casa. The transaction marks the start of a cooperation between Capman and Casa focused on transforming and developing outdated properties into modern office space.
How has the development been, among the Nordic companies at the stock exchange?

The Development of the Nordic Companies’ Shares – the Last Decade

Nordic — Nordic Property News has the complete list of how the Nordic real estate companies have performed on the stock exchange – the last decade.
The Nordic Real Estate Companies’ market cap.

The Market Cap Development of the Nordic Giants – the Last Decade

Nordic — Nordic Property News presents the market capitalization among the Nordic real estate companies on the stock exchange – compared to the market cap, back in 2010.
Dragana Marina, CBRE Denmark's Head of Research.

“The Luxury Retail Segment Has Been Particularly Challenged”

Nordic — As a consequence of the Covid-19 outbreak the retail sector has faced an unprecedented disruption of commerce. Dragana Marina, Head of Research, CBRE Denmark, tells Nordic Property News about the Nordic effects on the struggling retail market, during the pandemic.
Stefan Dahlbo, CEO of Fabege.

Fabege Granted Land Allocation Permit in Hammarby Sjöstad

Sweden Sweden — Fabege and the City of Stockholm have agreed on the granting of a land allocation permit for Hammarby Fabriksväg (Korphoppet 5) which covers up to 33,000 sqm GFA of office space and other business premises. This forms part of the city’s project to connect Hammarbyhöjden and Hammarby Sjöstad. Today, Fabege is the leaseholder of the Korphoppet 5 property.
Jenny Fält, Croisette.

Croisette: ”Stockholm’s Hottest Office Locations 2030”

Sweden Sweden — Stockholm’s office market is expected to grow with 2.2 million sqm by 2030. Croisette’s Jenny Fält tells Nordic Property News where the most attractive Stockholm office area will be in 2030, what new trends that could arise and what areas that will struggle.
Fredrik Närholm.

Victoria Park and Hembla Recruits Head of Transactions

Sweden Sweden — Fredrik Närholm has been hired as Head of Transactions and Valuations for Victoria Park and Hembla.
Mika Matikainen and Joakim Frimodig.

Capman Holds Initial MEUR 313 Closing for Nordic Value-Add Fund

Nordic — Capman Real Estate has established CapMan Nordic Real Estate III fund with MEUR 313 of equity commitments from Nordic, European, and North American institutional investors. CMNRE III succeeds CapMan’s two earlier Nordic value-add funds raised in 2013 and 2017.
Johanna Skogestig.

Vasakronan's CEO: ”There Have Been Tough Discussions”

Sweden Sweden — More than six months have passed since the corona outbreak started to make an impact on the investment market across Europe. How has it affected the Nordic giants? Nordic Property News has spoken to some of the companies in the Nordics. Today: Johanna Skogestig, CEO of the largest Nordic property owner, Vasakronan.
Mimer 6 in Västerås.

Kungsleden Makes Strategic Västerås Acquisition

Sweden Sweden — Kungsleden is acquiring the Västerås Mimer 6 property from ABB. The property is strategically located at the very centre of Kungsleden’s Västerås City cluster.
AF Gruppen acquires 50 percent of a housing project in Oslo.

AF Gruppen Buys 50 percent of Residential Project in Oslo

Norway Norway — AF Gruppen has entered into an agreement to purchase 50 percent of the shares in the company Fyrstikkbakken 14 AS. The company owns properties with a planned development project with 160 homes located near Bryn train station and Hellerud metro.
The City of Helsinki proposes a consortium of YIT and A-Kruunu to win the Kalasatama Nihti quality competition.

A Consortium of YIT and A-Kruunu Proposed to Win the Lukki Residential Block

Finland Finland — Lukki is the first residential block to be built in the Nihti local detailed plan area, located in a prominent place in the cityscape.
The profit development of the last decade.

They Have Increased Their Profit the Most – the Last Decade

Nordic — Nordic Property News presents the listed Nordic companies’ profit before taxes during the first six months of 2020 – compared to H1, 2010.
Robert Göthe.

"We Have Very Good Access to Capital"

Nordic — M&G Real Estate has strengthened its investment team with Robert Göthe. He tells Nordic Property News about what attracted him to M&G Real Estate, the company's ambitions in the Nordics and how he views the Nordic markets.