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Veidekke to divest the property development operation.

Veidekke to Divest the Property Development Operation

Norway Norway — Veidekke has signed an agreement with a consortium comprising Fredensborg AS, Fredensborg Bolig AS, Norwegian Property ASA and Union Real Estate Fund III Holding AS concerning the sale of the property development operation in Norway and Sweden against a cash payment of NOK 7.7 billion on a debt-free basis.
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”
Ilija Batljan.

SBB Presents New Targets

Sweden Sweden — The company’s new growth target is that the profit from property management per A and B ordinary share shall on average grow with more than 15 per cent per year over a five-year period. Furthermore, the property portfolio value shall amount to SEK 125 billion by 2025.
Skanska sells to SPP Fastigheter.

Skanska Divests Retirement Home in Stockholm

Sweden Sweden — Skanska has sold a sustainable retirement home with 80 apartments in the new district of Täby Park in Stockholm for about MSEK 320. The buyer is SPP Fastigheter. The transaction will be recorded by Skanska Commercial Development Nordic in the second quarter 2020. The transfer is planned for March 2022.
Jimmy Bengtsson.

Veidekke’s Group CEO on the Blockbuster Divestment

Norway Norway — Jimmy Bengtsson: ”A sale of this business was det best option.”
Peter Winther, CEO of Colliers International Denmark.

“We See a Continued Strong Global Investment Demand”

Denmark Denmark — Peter Winther, CEO of Colliers International Denmark, shares his view on the Danish investment market, going into the second half of 2020.
Near this location (Kongens Nytorv), the company has its HQ.

CFO Leaves Danish Property Investor

Denmark Denmark — One of the major investors in Denmark has lost global experienced key player to another company.
Andreas Morfiadakis, CEO of Klarabo.

Klarabo Makes Large Acquisition in Trelleborg

Sweden Sweden — Klarabo has signed an agreement with Trelleborgshem for the acquisition of 27 properties with 807 rental apartments and associated premises. The acquisition is made at an underlying property value of approximately SEK 1 billion. In connection with the acquisition, Klarabo raises SEK 330 million through a new share issue.
Jenny Jonsson.

Jenny Jonsson Appointed New CEO of Byggvesta

Sweden Sweden — Byggvesta appoints Jenny Jonsson as new CEO and strenghtens the management group with further hires.
Mortimer J. Buckley, CEO of Vanguard, Darryl White, CEO of BMO,and Ronald Wuijster, CEO of APG Asset Management.

These Are the Global Owners in the Nordic Giants

Nordic — Nordic Property News presents an updated list of the foreign holdings in the Nordic listed real estate companies.
Fredrik Brodin, CEO of Offentliga Hus.

Offentliga Hus Closing in on IPO

Sweden Sweden — Fastator's Offentliga Hus has worked intensively with the preparatory work for an IPO in 2020. The preparatory work has proceeded according to plan and the first day of trading in Offentliga Hus shares is expected to fall in the first half of October 2020.

... and This Major Shareholder Has Increased Its Holding by Almost EUR 1 Million – During the Crisis

Nordic — He has been a representative of the company for a decade. During the corona crisis, he has acquired shares for almost EUR 1 million.
Stina Lindh Hök.

After the SEK 5 Billion Deal: Nyfosa Open for More Business

Sweden Sweden — Nyfosa’s COO Stina Lindh Hök on the blockbuster acquisition from SBB, and future investment targets.
YIT’s Executive Vice President, Business Premises segment, Tom Ekman.

The Demands in the Care Sector: “Innovative Solutions Are Needed”

Finland Finland — Construction giant YIT’s Executive Vice President, Business Premises segment, Tom Ekman, tells Nordic Property News about the JV project in Espoo and effects on the construction market in Finland, due to the corona crisis.
Jesper Mårtensson.

Jesper Mårtensson Becomes Acting CFO of Balder

Sweden Sweden — Due to the allegations of offences directed against two of Balder’s senior executives, Balders Board of Directors have decided with immediate effect assign Jesper Mårtensson as acting CFO of Fastighets AB Balder.
NCC to commence construction of schools and day-care center in Pakilanpuisto in Helsinki.

NCC to Commence Construction of Schools and Day-care Center in Helsinki

Finland Finland — NCC has signed an agreement with the City of Helsinki to construct schools in Pakilanpuisto in collaboration, with strict environmental objectives.
The Dockworks.

Novi to Manage Niam's Two New Stockholm Projects

Sweden Sweden — Novi has received the management assignment for Niam's two office projects The Dockworks and Uno in Värtahamnen, Stockholm.
Bård Bjølgerud, CEO of Pangea Property Partners.

Covid-19 Effects on the Different Property Segments

Nordic — Bård Bjølgerud, CEO of Pangea Property Partners: ”We have experienced a number of things that have escalated.”
Mikael Söderlundh, Head of Research at Pangea Property Partners.

The Transaction Market to Bounce Back in the Nordics

Nordic — Mikael Söderlundh, Head of Research at Pangea Property Partners, tells about the development on the Nordic transaction market; the corona effects, new trends and which Nordic countries that global investors are aiming for to make investments. ”Many deals have a deadline before the summer.”
Samppa Lajunen.

After the Retail Deal: “We See an Opportunity to Create Value for Our Investors”

Finland Finland — Samla Capital Oy's Founder and main shareholder Samppa Lajunen on the latest acquisition in Western Finland, and the investment targets, going forward, in Finland – and Estonia.
Ilija Batljan, CEO of SBB.

SBB Sells Two Properties

Sweden Sweden — Samhällsbyggnadsbolaget i Norden (SBB) has sold two office properties to two different buyers in two transactions.
Trevian selected as Duetto Business Park asset manager.

Trevian Selected as Duetto Business Park Asset Manager

Finland Finland — Trevian Asset Management has signed an agreement on asset management of Duetto Business Park located in Helsinki. The co-operation aims to re-develop Duetto to meet the growing office space needs of Pasila-Käpylä, a rapidly developing area on the Helsinki real estate market.
Copenhagen.

Capman Sells Grundtvighus in Copenhagen

Denmark Denmark — CapMan Nordic Real Estate II -fund has exited KAB’s headquarter building “Grundtvighus” in central Copenhagen to Johan Gedda. The exit takes place a little over two years after the initial investment.
Skärholmen center and Carl Strufve, Director Nordics at Grosvenor Europe.

How Grosvenor Europe Stands Strong in Their Swedish Shopping Centres

Sweden Sweden — Carl Strufve, Director Nordics at Grosvenor Europe: “All development projects have been completed with full force.”
Fredrik Brodin.

Offentliga Hus Aims for More Nordic Markets

Sweden Sweden — CEO Fredrik Brodin: "We see great opportunities in our neighbouring countries.”
Jens Engwall, CEO of Nyfosa, and Ilija Batljan, CEO of SBB.

New Nyfosa SBB Deal – SEK 4.9 Billion Acquisition for Nyfosa

Sweden Sweden — Earlier this year an announced SEK 8 billion transaction between Nyfosa and SBB was halted. Now the companies have struck a new deal where Nyfosa acquires properties for SEK 4.9 billion.