Which companies are the winners and which are the losers on the stock market in January?

January’s Winners and Losers on the Nordic Stock Markets

Nordic — Nordic Property News has the complete list of how the Nordic real estate and construction companies performed on the stock exchange in January.
Sonja Horn, CEO of Entra.

Why Entra Pre-Announced the Q4 Figures During the Giants' Bidding War

Norway Norway — CEO Sonja Horn: ”We found it prudent to update the market on the Q4 performance.”
Ylva Sarby Westman.

Kungsleden Continues to Borrow Green

Sweden Sweden — Kungsleden has under its current MTN program increased an existing green bond with MSEK 300. The bond was issued at a rate of 101.166 percent, corresponding to a margin above Stibor of 1.30 percent. The bond matures in January 2027.
Mikael Söderlundh, Head of Research at Pangea Property Partners.

The Future of the Nordic Office Markets

Nordic — With the pandemic forcing many all over the world to work from home the question of what will happen to the office sector is rising. Mikael Söderlundh, Head of Research and Partner at Pangea, shares his view of the future for the Nordic office markets in terms of transactions, rental levels, vacancy and yields.
Catella divests its French Management operations.

Catella Divests Property Asset Management-Operations in France

Sweden Sweden — Swedish property advisor Catella divests its 50.1 percent holdings in its French subsidiary Catella Asset Management SAS for a cash purchase price of SEK 154 million. The divestment will have a positive effect on profit after tax, including transaction costs, of approximately SEK 122 million during the first quarter of 2021.
Ole Faurby, MD at NCC Property Development in Denmark, on the Danish construction market.

A Strong Recovery to Expect from NCC in Denmark

Denmark Denmark — Managing Director Ole Faurby from NCC Property Development in Denmark on the recent project divestment, and how the construction giant strikes back on the market, after a slow start last year.
Jukka Pekonen, Sales Director at Lehto Group.

Why Self-Service Storage Facilities Is a Growing Segment

Finland Finland — Jukka Pekonen, Sales Director at Lehto Group: “It seems that we have more stuff than ever before, and we need a place to store everything.”
Entra.

During the Bidding War: Entra Presents Q4 Figures in Advance

Norway Norway — As a result of the current situation where both Castellum and SBB have put forward voluntary offers for the company’s shares, and to ensure that all shareholders have the information necessary to evaluate these offers, Entra has decided to release an update of the financial and operational performance in the fourth quarter of 2020.

Skanska Builds Hospital in Hämeenlinna for EUR 272 Million

Finland Finland — Skanska has signed a contract with Kanta-Häme Hospital District to build a new hospital in Hämeenlinna.
Jacob Karlsson, CEO of K-Fastigheter.

K-Fastigheter Acquires Development Properties in Malmö from SLP

Sweden Sweden — K-Fast Holding AB has entered into an agreement with Swedish Logistic Property on the acquisition of two properties in Malmö Municipality. K-Fastigheter intends to develop a zoning plan that enables the construction of a total of approximately 150 apartments.
Bård Bjølgerud, CEO of Pangea Property Partners.

“They Need to Pay Much More to Get Entra”

Norway Norway — The battle for Entra keeps going with both Castellum and SBB keen on acquiring the Norwegian jewel. But so far the bids have been rejected. Bård Bjølgerud, partner and CEO of Pangea Property Partners, explains why he is not surprised by the rejections and gives his view of why Entra is such an attractive company.
The Metsä and Mela headquarters in the Tapiola district of Espoo.

These Are the Most Attractive Office Areas in Helsinki

Finland Finland — NREP keeps on building their Finnish office portfolio. After the major acquisition of the headquarters of Metsä and Mela in Helsinki Joonas Lemström, Director at NREP, tells Nordic Property News about the goals for the portfolio, what type of acquisitions they are looking for and which are the most attractive office areas in the Helsinki Metropolitan Area.
ortfolio comprises c. 40,400 sq m of commercial real estate with a total value of EUR 144 million.

Patrizia Appoints CBRE to Manage Finnish Portfolio

Finland Finland — Patrizia announces that it has appointed CBRE as a property management partner across the entirety of its real estate portfolio in Finland.
Montage of Erik Lennhammar, Chief Development Officer at Citycon, and vision of RE: Liljeholmen.

How the Retail Giant Will Create Added Value to Their Shopping Centres

Nordic — Erik Lennhammar, Chief Development Officer at Citycon: “Residential makes places more attractive.”
Sonja Horn, CEO of Entra.

Entra Acquires Property in Stavanger Below Market Value

Norway Norway — Entra has called an option to acquire the property Lagårdsveien 6 for 126 million, while Newsec, one of Entra’s external valuers, has estimated the fair market value at 313 million.
Magnus Edlund.

Here Are the Acquisition Target as SBB Increases Elder Care Focus

Nordic — SBB has set new ambitious targets for their elder care housing portfolio: double the value in two years. Magnus Edlund, Head of Business Development for Elderly Care Housing, tells Nordic Property News about the goals for the portfolio, where they are looking for investments and the difference between the Nordic markets.
The Nordic real estate companies’ dividend yields.

They 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.
Christer Jacobson, Rutger Arnhult and Per Berggren.

The Battle for the Castellum Chairmanship

Sweden Sweden — Tensions are rising within the Castellum board over the position as chairman. Three members – Anna-Karin Hatt, Christer Jacobson and Nina Linander – will leave the board if Rutger Arnhult gets elected chairman. At the same time Per Berggren has been suggested as a possible new chairman. Christer Jacobson and Per Berggren gives Nordic Property News their view of the situation surrounding the charirmanship.
Västerås.

JM Buys Building Rights for Development in Västerås from Kungsleden

Sweden Sweden — JM has signed an agreement with Kungsleden AB to acquire the property Västerås Isolatorn 12. The deal is worth approximately SEK 120 million.
Vision of RE: Liljeholmen.

Citycon to Create a New Urban Area at Liljeholmen

Sweden Sweden — Citycon plans to develop residentials and offices at Liljeholmen by covering the track area at Liljeholmstorget. Under the name RE: Liljeholmen, an attractive living environment will be created with 120 new apartments, 3,000 workplaces and a glazed plaza with space for activities, cultural events and experiences.
Antti Aarnio, Acting CEO of Sato.

The Residential Challenges in Finland

Finland Finland — Antti Aarnio, acting CEO of the Finnish residential giant Sato: “We’ll continue to make good deals and move forward with...”
Fabian Søbak, CEO of Self Storage Group.

Self Storage's CEO on the Record-Breaking Investment

Norway Norway — Fabian Søbak, CEO of Self Storage Group, on why they are on the transaction offensive, pandemic effects on the self storage market, and the investment targets for 2021.
After the shopping center plans were rejected the area attached to the new stadiums will become housing.

Politicians Reject Proposal for URW Shopping Centre in Central Gothenburg

Sweden Sweden — Unibail-Rodamco-Westifeld’s shopping center plans in central Gothenburg have been rejected – the politicians opts to go forward with plans for residential in addition to the new indoor arenas.
Ilija Batljan, CEO of SBB.

SBB Increases Focus on Housing for the Elderly

Nordic — SBB intends to double the value of properties for housing for the elderly in the Nordic region within two years to approximately SEK 20 billion. In the current property portfolio, the Swedish tenants are 75 per cent public actors with an average lease period of just over seven years.
Per Berggren challenge Rutger Arnhult.

Another Candidate Up for the Chairman Position in Castellum

Sweden Sweden — Castellum has received a proposal regarding the composition of the Board of Directors from Stichting Pensioenfonds ABP, the second largest shareholder in Castellum, and two members of the Election Committee, Vincent Fokke, representing Stichting Pensioenfonds ABP, and Charlotte Strömberg, Chair of the Board of Castellum.