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Veidekke: Anticipating a Moderate Decline in Contracting Markets.

Veidekke: Anticipating a Moderate Decline in Contracting Markets

Nordic — Veidekke’s updated forecasts for the Scandinavian contracting markets show improved prospects for the sector compared to before the summer.
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”
The lettable areas in the Nordic property companies.

The Development of the Lettable Areas in the Nordic Companies – the Last Decade

Nordic — Nordic Property News presents the total lettable area in the real estate companies on the stock exchange, according to the Q2 figures 2020 – compared to the lettable area back in 2010.
Benjamin Rüther and Helsinki skyline.

After the Helsinki Investment: Here Are the German Expansion Plans in the Nordics

Nordic — Benjamin Rüther, Head of Fund Management at Catella RIM, tells Nordic Property News about the recent Helsinki purchase, why Finland is the most profitable residential market, future targets in the Nordics and which country there is not of interest at the moment. “Too expensive.”
Robert Göthe.

M&G Real Estate Appoints Investment Manager in the Nordics

Nordic — M&G Real Estate has appointed two investment and asset managers for Italy and the Nordics. Gabriele Inglese and Robert Göthe will join the Italian and Swedish offices respectively, reporting to Marc Reijnen, Head of Investment and Asset management, Continental Europe.

Heimstaden, Magnolia and Derome Forms JV

Sweden Sweden — Heimstaden AB's subsidiary, Heimstaden Bostad AB has signed an agreement with Magnolia Bostad AB to jointly acquire land from Derome AB in Kungsbacka, Sweden. Together, the two companies will develop and construct approximately 1,600 apartments with a total area of​​ 100,000 sq.m., subject to regulatory approval. The project value upon completion is estimated to SEK 3.0 billion.

The Hottest Vacant Nordic CEO Positions

Nordic — This week, Catena announced that Benny Thögersen will resign as CEO in 2021. As a result, a new big Nordic CEO position needs to be filled. Nordic Property News has seen which are the hottest vacant chairs in the Nordic real estate industry.
The property value among the Nordic giants.

The Development of the Nordic Property Companies' Property Value – the Last Decade

Nordic — Nordic Property News presents the property value in the major real estate companies on the stock exchange in the Nordic region during Q2 2020 – compared to the levels back in 2010.

Aberdeen and Ailon Launches Micro-Living Concept in Helsinki Area

Finland Finland — Aberdeen Standard Investments and Ailon have commissioned Skanska to build its first micro-living project in Finland, Music Tower, located in Helsinki’s Jätkäsaari. Construction work has already commenced and the project will be completed in spring 2022.
Bo de Besche.

Bo de Besche Appointed Head of Uppsala at Vasakronan

Sweden Sweden — Bo de Besche succeeds Jan-Erik Hellman, who recently took up the position as Head of Real Estate Development Stockholm / Uppsala.
Helio Hornstull.

The Covid-19 Effects on Nordic Coworking

Nordic — How has the pandemic affected the coworking players and what effects will it have going forward?
Tampere.

Aktia Purchases Office Property in Tampere from Varma

Finland Finland — Mutual pension insurance company Varma has sold an office property in Hervanta, Tampere to special investment fund Aktia Toimitilakiinteistöt.
Collage of Matthias Kettelhoit, Head of Logicenters, and the Køge logistics area (vision).

How the Pandemic Has Boosted the Logistics Segment

Nordic — Matthias Kettelhoit, Head of Logicenters, on the expansion south of Copenhagen, and how the outbreak of Covid-19 has affected the business.
Niam acquires in Hillerød.

Niam Acquires 70 Residential Units in Hillerød

Denmark Denmark — Niam has entered into a binding agreement for the acquisition of 70 terraced houses in Hillerød Municipality in Greater Copenhagen area of Denmark. The residential units are acquired from Sophienberg Gruppen and Lemvigh-Müller. The sellers will deliver the units turnkey on June 1st, 2022.
Benny Thögersen.

Thögersen on Leaving the CEO Position at Catena

Sweden Sweden — Benny Thögersen has informed the Board of Directors of Catena that he has decided to leave the company. To Nordic Property News, he tells about the decision: ”As a CEO, you are stuck to a calendar.”
Catella Wohnen Europa Fund acquires in Helsinki.

Catella Wohnen Europa Fund Passes €1 billion Milestone with Helsinki Residential Acquisition

Finland Finland — Berlin-based Catella Residential Investment Management GmbH (CRIM) and Catella Real Estate AG (CREAG) have acquired a newly completed residential development in Helsinki for the Catella Wohnen Europa (CWE) Fund via their AIFM platform together with Catella Asset Management Oy.
Vision of Tellus Towers.

City of Stockholm to Stop Prestigious Tower Project

Sweden Sweden — The construction of two towers 58 and 78 floors respectively are suggested to be cancelled. “The very tall buildings have negative consequences…”
Ilija Batljan, CEO of SBB.

SBB Sets Up New Business Division with Focus on Government Infrastructure

Nordic — SBB sets up a new business division: SBB Government Infrastructure. SBB will acquire properties within government infrastructure with a special focus on ministry and government buildings, prison properties and defence properties.
Bent Oustad, CEO of Norwegian Property.

“We Have Tried to Be Open to the Market”

Norway Norway — Just over 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: Bent Oustad, CEO of the Norwegian listed company, Norwegian Property.
Benny Thögersen, CEO of Catena.

Benny Thögersen to Step Down as CEO of Catena

Sweden Sweden — After a number of intensive years at Catena, of which the past three as President and CEO, Benny Thögersen has informed the Board of Directors of Catena that he has decided to leave the company.
Patrik Hall.

Heimstaden Bostad Makes Blockbuster Residential Acquisition in Berlin

Nordic — Heimstaden AB’s subsidiary, Heimstaden Bostad, announces that it has signed a purchase agreement for the acquisition of 130 properties comprising a total of 3,902 residential units, 208 commercial units and 321 parking spaces in Berlin, Germany – a total of 282,000 square meters of lettable area.
Frida Stannow Lind.

Humlegården Recruits COO from Kungsleden

Sweden Sweden — Frida Stannow Lind is stepping down from her role as Head of Business Development at Kungsleden to become Chief Operating Officer at Humlegården.
The Nordic Real Estate Companies’ ICR Levels the last decade.

The Development of the Nordic Real Estate Companies’ ICR Levels – the Last Decade

Nordic — Nordic Property News presents figures on the interest cover ratios for the listed Nordic real estate companies during Q4 2019 – compared to the levels back in 2010.
Jani Nieminen, CEO of Kojamo.

”We Have Been Able to Continue All Our Essential Operations”

Finland Finland — Just over 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: Jani Nieminen, CEO of the Finnish listed residential heavyweight, Kojamo.
Bård Bjølgerud, CEO of Pangea Property Partners.

How the Office Complex in Oslo Got Sold That Fast

Norway Norway — Eiendomsspar and a company established by Vika Project Finance with Canica as the sole investor in the company, have signed a bid acceptance for one of Oslo's most attractive office properties. Bård Bjølgerud, CEO of Pangea Property Partners, takes us through the quick process.

Related article Eiendomsspar Sells Attractive Office Building in Oslo Related article For Sale: One of Oslo CBD’s Most Attractive Office Buildings – Wework One of the Tenants
Stockholm skyline and David Renger, RIM.

Future Challenges for Property Owners: "Occupies a Lot of My Thinking"

Nordic — David Renger, CEO of Renger Investment Management, tells Nordic Property News about the partnership with Morgan Stanley and the global attraction for Finland, the future challenges in the office market and which unexpected segments that can be put to the test, going forward.