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Suita in Kazan.

YIT Has Started Four New Apartment Building Projects in Russia

Finland Finland — YIT started four new apartment building projects in Russia in April–June. The projects are located in Yekaterinburg, St. Petersburg and Kazan. The total value of the projects exceeds EUR 50 million, with over 800 apartments to be completed.
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”
Bratislav Marjanovic.

Peab Rebuilds House M at Lund University

Sweden Sweden — The customer is Akademiska Hus and the contract is worth SEK 231 million.
Jens Engwall, CEO of Nyfosa.

Nyfosa Sees a Relatively Good Activity in the Market

Sweden Sweden — "There is quite a lot to do. Everyone is waiting for something cheap. But at the same time, everyone has plenty of money", Nyfosas ceo Jens Engwall tells Nordic Property News.
Copenhagen.

Nuveen Real Estate Makes €100 Million Danish Investment Debut

Denmark Denmark — Nuveen Real Estate, one of the largest investment managers globally, has made a 100 million euro Danish investment debut with forward-commitment of 390-unit student accommodation in central Copenhagen.
Jacob Karlsson, CEO of K-Fastigheter.

K-Fastigheter Buys Building Rights in Älmhult

Sweden Sweden — K-Fastigheter has signed an agreement with the municipality of Älmhult to acquire properties in Älmhult, the hometown of Ikea. The property has obtained a legally detailed development plan and the acquisition enables the construction of up to 85 rental apartments.
Teemu Helppolainen close-up 2017

The Russian Support of the Mortgage Rate is Very Positive According to YIT

Finland Finland — "The guarantee interest rate of 6.5 % is all time low in Russia and from the customers' point of view very positive", Teemu Helppolainen, Executive Vice President, Housing Russia segment, YIT, tells Nordic Property News.
Nya Kronan.

Veidekke Building Offices in Sundbyberg

Norway Norway — Veidekke will be renovating and rebuilding an existing building which is to be integrated into two other neighbouring buildings. Once completed Kronan will consist of a total of 40,000 m2 of offices which will be used by the Swedish Tax Agency.
NCC Divests Road Services Sweden and Finland to Mutares.

NCC Divests Road Services Sweden and Finland to Mutares

Nordic — NCC divests the Swedish and Finnish part of the Road Services division to the German based holding company Mutares.

Multiconsult Expects a Softening in the Market

Norway Norway — “The Covid-19 situation has resulted in considerably increased uncertainty and will be impacting our business”, Pål-Sverre Morin Jørgensen, Group Treasurer & Investor Relations Officer, tells Nordic Property News.
Regulatorn 2 in Flemingsberg.

Fabege Makes Large Stockholm Acquisition

Sweden Sweden — Fabege acquires property and holding in the consortium SBD from WA Fastigheter.
Villa Brogården.

Skanska Sells in Alingsås

Sweden Sweden — Skanska has sold the retirement home Villa Brogården in Alingsås, Sweden, for about MSEK 260. The buyer is Northern Horizon through its real estate fund Nordiska vårdhem.
Partille Port.

Magnolia Sells Residential to Heimstaden

Sweden Sweden — Magnolia Bostad has sold residential units in the new Partille Port district to Heimstaden Bostad. Around 230 residential units are planned in the property of 12,500 sqm GFA as well as 3,000 sqm GFA of retail units and an underground garage. The estimated property value upon completion is around SEK 560 million.
City Self Storage is one of the brands of Self Storage Group.

Self Storage Group Wants to Grow Further

Norway Norway — “Our strategy is to grow our freehold portfolio further, both in the larger urban areas of Norway, and also in smaller markets with increasing demand”, Self Storage Groups ceo Fabian Emil Søbak tells Nordic Property News.
Bent Oustad, CEO of Norwegian Property.

Norwegian Property Have a Focus on Further Acquisitions Going Forward

Norway Norway — In the middle of june Norwegian Property, through NPRO Holding, bought Veidekke Eiendom together with Fredensborg and Union Real Estate Fond III Holding.
Stina Lindh Hök.

Nyfosa Divests Properties at a Value of Approximately SEK 1 billion

Sweden Sweden — The properties that comprise a leasable area of around 78,000 square meters, primarily offices and warehouses, will be acquired by property company Regio.
David Mindus, CEO of Sagax.

Increased Rental Revenue from Sagax

Sweden Sweden — But as a result of the COVID-19 pandemic, macroeconomic conditions in the company’s markets have deteriorated and uncertainty has increased.
Sonja Horn, CEO at Entra.

Why Entra are Well Prepared for Future Office Challenges

Norway Norway — Entra saw limited effects from covid-19 on their business operations and financials during the second quarter. CEO Sonja Horn tells Nordic Property News how the company successfully navigated through the challenging quarter and why their office diversity makes them well prepared for the future.
Johanna Skogestig.

Strong Lettings for Vasakronan

Sweden Sweden — “The strong rental market we noted at the start of the year has changed and become more cautious for natural reasons. Nonetheless, we signed new contracts during the second quarter for SEK 111 million or 35,000 square metres,” says Johanna Skogestig, CEO of Vasakronan.
Ilija Batljan, CEO of SBB.

SBB:s Big Sale of Properties to Nyfosa has Taken Place

Sweden Sweden — On 30 June 2020, Nyfosa announced that the financing condition had been resolved, and the Competition Authority has now announced a positive clearance.
Stina Lindh Hök.

Nyfosa Signs Letter of Intent to Divest a Large Logistics Portfolio

Sweden Sweden — The intention is to enter into a binding divestment agreement in September, 2020.
Akelius vd Ralf Spann.

Residential Real Estate is Safe Haven According to Akelius

Sweden Sweden — "People need somewhere to live, no matter economical situation", Akelius ceo Ralf Spann tells Nordic Property News.
Perhelä office building.

Perhelä Office Building gets new Main Tenants

Finland Finland — YIT has signed long lease agreements with OP Uusimaa and the City of Järvenpää for premises in the Perhelä block’s office building in Järvenpää, Finland.
Skanska has signed a contract with the Norwegian Public Roads Administration on the construction of a new bridge in Trondheim.

Skanska Builds new Bridge in Trondheim for NOK 805 Million

Norway Norway — Skanska has signed a contract with the Norwegian Public Roads Administration on the construction of a new bridge in Trondheim, Norway. The contract is worth NOK 805 M, about SEK 800 M, which will be included in the Nordic order bookings for the third quarter 2020.
Ilija Batljan, CEO of SBB.

SBB Develops a New Police Station in Örnsköldsvik, Sweden

Sweden Sweden — The police station is planned to be completed during 2023. The lease for the new police station is expected to be signed during the fourth quarter 2020. The term of the lease is 15 years, commencing in 2023.
Akelius vd Ralf Spann.

Akelius Vacancy Rate Unchanged in June

Sweden Sweden — Rent collection for June was 2 percentage points lower than normal.