Nils Styf, CEO of Hemsö.

Hemsö Acquires Justice System Property in Germany

Sweden Sweden — Hemsö is expanding its property portfolio in Germany with the acquisition of an educational property for the justice system in Wiesbaden. The investment amount is approximately SEK 700 million and a 15-year rental agreement has been signed with the German state.
Charlotte Axelsson, Chair of Kungsleden, Anders Tägt, Stendörren, and Liselotte Hjorth, Eastnine.

These Are the Chairmen with the Highest Fees in 2020

Nordic — Nordic Property News presents the fees of the Chairmen in the largest Nordic real estate companies on the stock exchange.
Michael Byrgesen Hansen.

Heimstaden's New Country Manager: “We Are Stress-Tested These Days”

Denmark Denmark — Heimstaden has appointed Michael Byrgesen Hansen as Country Manager in Denmark. To Nordic Property News he tells about the upcoming challenges, why Heimstaden has succeeded in Denmark and why the company will stand through the corona crisis.
Atte Köykkä, Conficap’s Director, Real Estates.

Conficap’s Attraction for the Turku Region

Finland Finland — Atte Köykkä, Conficap’s Director, Real Estates, on the latest acquisition and in which segments they are looking for investments, going forward.
Which transactions were the biggest in the Nordics during Q1?

The Largest Q1 Transactions in the Nordics

Nordic — Nordic Property News lists the largest transactions in the Nordics during Q1 2020.
Knut Berget, Akershus Eiendom.

Akershus Eiendom: “Most Companies Are Facing a Cash Flow Problem”

Norway Norway — Knut Berget, Partner Transactions at Akershus Eiendom, on the current status of the Norwegian real estate market, how the property owners are handling this situation and how the falling oil prices are linked to a historic weak currency.
Ilustration: Around 900 residential units in Karlstad Magnolia Bostad.

Magnolia Bostad Sells 900 Residential Units in Karlstad to Trenum

Sweden Sweden — Magnolia Bostad has signed an agreement to sell about 900 homes to Trenum AB. The estimated property value at completion amounts to SEK 1.7 billion. The sale is contingent on the zoning plan coming into force, which is expected to be obtained in June 2020, revenue recognition will take place when the zoning plan comes into force.
Juvanmalmi Logistics Centre.

Genesta Sells Juvanmalmi Logistics Centre in the Helsinki Metropolitan Area

Finland Finland — Genesta sells Juvanmalmi Logistics Centre located in Espoo on behalf of its fund, GNRE Fund II. The 60,900 square meter logistic center was acquired in February 2018 and has since been upgraded with e.g. solar panels and LED lights. The fully leased property was awarded with BREEAM In-Use Good certification in 2020.
Kankaan Arkki.

YIT Sells the Kankaan Arkki Office Property in Jyväskylä

Finland Finland — YIT and the Non-UCITS fund Aktia Commercial properties have signed an agreement on the sale of the Kankaan Arkki office property in Jyväskylä. The construction of Kankaan Arkki began in January 2020 and is scheduled to be completed in February 2021.
First Hotel Mayfair and First Hotel Twentyseven in Copenhagen.

Pandox Takes Over Operations of Two Hotels in Copenhagen

Denmark Denmark — Pandox has entered into an agreement to take over operations of First Hotel Mayfair and First Hotel Twentyseven in hotel properties already owned by Pandox. The hotels have good locations in central Copenhagen, and they will be marketed under their existing and well-established hotel names.
Tampellan Esplanadi 2.

Private Investor Acquires Office Property in Tampere

Finland Finland — Catella acted as private investor’s financial advisor in the purchase of an office property in the Tampere city centre. The seller of the property was another private investor.
Christian Bro Jensen.

CBRE Denmark Appoints New Head of Capital Markets

Denmark Denmark — Global commercial real estate advisor, CBRE has promoted 30-year-old Christian Bro Jansen to lead its Capital Markets team in Denmark.
Anders Nissen, CEO of Pandox.

The CEO of Pandox: ”Nothing We Wish to Do”

Denmark Denmark — Anders Nissen, CEO of the largest hotel property owner in the Nordics – Pandox, on the takeover of the operations of two hotels in central Copenhagen, how common this action is and how his great experience helps the company to handle the current hotel crisis.
Montage of Sverker Källgården, CEO of Cibus, and a Coop store.

In the Middle of the Crisis: Possible Revenue Records for Cibus’ Tenants

Nordic — Sverker Källgården, CEO of Cibus Nordic Real Estate, tells Nordic Property News about the positive effects for the company when other real estate players are struggling.
Fredrik Jonsson, CEO of Niam.

Niam Acquires 238 Residential Units in Denmark

Denmark Denmark — Niam has entered into a binding agreement to buy 238 terraced houses of approximately 23,000 sqm in the area Tirsbæk Bakker, close to Vejle, Denmark.
Atte Kyökkä.

Conficap Purchases Kela’s Office Property in Central Turku

Finland Finland — Conficap Oy is strengthening its presence in the Turku region by purchasing an office property owned by Kela social insurance institution of Finland in the Turku city centre. The property located at Eerikinkatu 26 has 5,600 sqm of space available for rent.
Catena to postpone further negotiations with Coop.

Catena to Postpone Further Negotiations with Coop

Sweden Sweden — Given the altered circumstances in the market, Catena and Coop Logistik have agreed not to fulfil the letter of intent previously established between the parties.
What did Citycon's CEO F. Scott Ball, John Mattson's Siw Malmgren and Klövern's Rutger Arnhult and every other CEOs in the Nordic listed companies earn last year?

These Were the Highest Paid CEOs in 2019

Nordic — Nordic Property News presents the wages of the CEOs in the largest Nordic real estate companies on the stock exchange.
Which company pays best to its managment group?

... And Here Are the Highest Paid Management Groups

Nordic — Nordic Property News presents the wages of the rest of the management groups in the Nordic real estate giants.
Sonja Horn, CEO of Entra.

Entra: “Some of Our Tenants Are Struggling”

Norway Norway — Sonja Horn, CEO of the office investor Entra, tells Nordic Property News on the company’s view on the ongoing corona crisis, how it affects their business and how Entra was prepared for this extreme scenario.
Sharam Rahi, acting CEO of Sato.

Sato Announces EUR 300M Senior Unsecured Bond Issue

Finland Finland — Sato announces a EUR 300 million senior unsecured bond issue under its EMTN programme. The bonds have been offered to European investors and will be issued on 7 April 2020.
Ilija Batljan.

SBB Sells a Residential Portfolio to Kuststaden

Sweden Sweden — SBB sells a portfolio 545 rental apartments in southern Sweden to Kuststaden for SEK 469.5M. The agreed property value exceeds the most recent external valuation.
Kristina Sawjani.

Castellum Appoints New Head of Transactions

Sweden Sweden — Castellum appoints Kristina Sawjani new Head of Transactions.
Claes Måhlén, Chief Strategist at Handelsbanken Capital Markets in Sweden.

After the Crisis: This Will Be the Future Financial Challenges

Sweden Sweden — Claes Måhlén, Chief Strategist at Handelsbanken Capital Markets, on the macroeconomic situation due to the corona outbreak, how the Sweden residential market will be affected and how the government can lead the country through the crisis.
Bent Oustad, CEO of Norwegian Property.

“There Will Be Both Positive and Negative Effects on the Norwegian Property Market”

Norway Norway — Bent Oustad, CEO of the listed real estate company Norwegian Property, tells Nordic Property News on the office investor’s actions during the crisis and which effects he sees among their tenants.