Which companies performed in the profit list during Q4?

They Have Increased Their Profit the Most in Q4

Nordic — Nordic Property News presents the listed Nordic companies’ profit before taxes during Q4.
TOP 4 Nordic
Blackrock is among the largest owners in several of the listed Nordic real estate companies.
Nordic Nordic —
The development of Blackrock’s ownership in listed Nordic companies
Christian Fredrixon, Kristina Sawjani and Henrik Brinck Landelius.
Nordic Nordic —
The hottest free agents in the industry
Nordic Nordic —
The largest owners in the listed companies
Tom Hagen, Deputy CEO at Prisma Properties.
Nordic Nordic —
Prisma Properties’ growth plans for 2026
Rolf Buch, CEO of Vonovia.

Since Vonovia's Entrance: This Is the Swedish Residential Impact

Sweden Sweden — How large part of the total portfolio contains Swedish residential for the German housing giant, Vonovia? Nordic Property News presents the figures.
Repslagaren 34 in Stockholm.

Genesta Acquires in Central Stockholm

Sweden Sweden — Genesta enters into an agreement to acquire the office property Repslagaren 34 on behalf of its fund GNRE Fund III from Klara Norra Fastigheter.
Magnus Jacobson.

Kungsleden's CFO Leaves the Company

Sweden Sweden — Magnus Jacobson has decided to leave the position of CFO at Kungsleden after slightly more than two years with the company.
Erik Selin, CEO of Balder.

Balder: "Hotel Share Is Eight Percent"

Sweden Sweden — In the current state of corona virus disarray, Balder announces that only eight percent of the company's rental income comes from hotels.
Jacob Smergel-Krog, CEO of Rubik Properties.

“The Yield Spread Is Larger Than Ever Before”

Denmark Denmark — After the all-time high year: Rubik Properties' CEO Jacob Smergel-Krog tells Nordic Property News about the increased global interest for the Danish property market and upcoming challenges in Denmark, going forward.
The Nordic Real Estate Companies’ ICR Levels in Q4.

The Nordic Real Estate Companies’ ICR Levels in the Fourth Quarter

Nordic — Nordic Property News presents figures on the interest cover ratios for the listed Nordic real estate companies during Q4.
Copenhagen.

Heimstaden Appoints New Country Manager in Denmark

Denmark Denmark — Heimstaden appoints Michael Byrgesen Hansen as Country Manager in Denmark.
Anders Nissen, CEO of Pandox.

Pandox Estimates Impact Due to COVID-19 and Withdraws Previous Proposed Dividend for 2019

Sweden Sweden — Due to the coronavirus (COVID-19) and the extraordinary government actions taken to limit the spread of the virus, business activity in Pandox’s key markets has decreased substantially during the past two weeks. Based on current information, Pandox estimates EBITDA to be approximately 15-20 percent lower than in the corresponding period last year. Based on current information, Pandox estimates the negative earnings effect to be considerably larger in the second quarter. Pandox would like to stress that these estimates are highly uncertain.
Ilija Batljan.

SBB Has Bought Back Bonds in both SBB and Hemfosa

Sweden Sweden — SBB has bought back most of the four senior unsecured bonds issued by SBB and its subsidiary Hemfosa maturing until May 2021.
F. Scott Ball, CEO of Citycon.

“We Have a Great Number of Opportunities in the Existing Portfolio”

Finland Finland — Citycon’s CEO F. Scott Ball tells Nordic Property News about how the company manage the retail challenges, whether divestments of retail assets are in sight and the development areas in the company’s portfolio.
James Robson.

Benefits for the Global Investors in the Nordics

Nordic — James Robson, Managing Director of the US investor Hines’ Nordic operations, tells Nordic Property News why they have left Oslo, and in which Nordic cities they aim for investments.
Jacob Karlsson, CEO of K-Fastigheter.

K-Fastigheter Makes Danish Entry

Denmark Denmark — K-Fastigheter has signed an agreement to acquire a property in Vallensbæk Strand, just south of Copenhagen. There is a valid building permit for the property for a lettable area of 7,779 square metres distributed between 95 apartments and 92 parking spaces in the garage. K-Fastigheter intends to start construction in the first half of 2020.
Jens Engwall, CEO of Nyfosa.

Nyfosa Presents New Financial Target and Dividend Policy

Sweden Sweden — Nyfosa has established a new financial target, a new dividend policy, and updated its business concept and vision. The basic premise is that the company will continue to create value and generate sustainable cash flows with transaction-based operations and an opportunistic approach.
The If-building in Solna, owned by Solnaberg.

Sterner Stenhus Gives Up on Solnaberg Acquisition

Sweden Sweden — Sterner Stenhus Förvaltning AB does not fulfill the public offer to the shareholders of Solnaberg Property.
Liisa Salmela.

One of the Fastest Growing Finnish Cities: How Vantaa Will Continue Its Expansion

Finland Finland — Liisa Salmela, Communication Manager at Skanska Finland, on the Leinelä project together with Kojamo and upcoming major projects in the Vantaa area for Skanska.

The Corona Effects on the Stock Exchange

Nordic — The Nordic stock markets suffers the worst period in many years. How much have the listed real estate giants’ stock value decreased, since the outbreak of the coronavirus?
Jacob Karlsson, CEO of K-Fastigheter.

K-Fastigheter Acquires Land in Borås to Build 600 Apartments

Sweden Sweden — K-Fastigheter has signed an agreement on the acquisition of the Åkermyntan 5 property in the Bergsäter district in Borås. The site is suitable for construction of all three of K-Fastigheter’s concept buildings and the company estimates that it is feasible to construct 600 rental apartments on the gross floor area (GFA) of 47,664 square metres.
The property Tornet in Arboga.

Swedish Fortifications Agency Acquires in Arboga

Sweden Sweden — The Swedish Armed Forces are in need of new premises for its operations in the municipality of Arboga. Now the Swedish Fortifications Agency will sign a purchase agreement to acquire the property Tornet.
Olle Nordström is the Chairman of Besqab's board and has appointed Carola Lavén as new CEO.

How Carola Lavén Will Take Besqab to the Next Level

Sweden Sweden — Olle Nordström, the residential developer Besqab’s Chairman of the Board, tells Nordic Property News why the board choses Carola Lavén as new CEO, the recruitment process and future targets for the company.
Sergelhuset (The Sergel House) in Stockholm.

Amazon Web Services Rents 6,000 sqm in Stockholm CBD from Vasakronan

Sweden Sweden — Vasakronan has signed an agreement with Amazon Web Services, AWS, of 6,000 square meters in the project property Sergelhuset in Stockholm city.
Many employees have been put in the quarantine.

The Corona Situation Among the Property Giants' Employees

Nordic — Big survey: Nordic Property News presents which of the largest listed real estate companies that have employees who are in quarantine after the corona eruption.
Tine Choi Danielsen.

Chief Strategist: ”Stay Calm and Stick to Your Investment Strategy”

Nordic — Tine Choi Danielsen, Chief Strategist at Danish real estate investor PFA, on how to manage the financial uncertainty due to the coronavirus.

Bonava Starts Production of Apartment Buildings in Uppsala

Sweden Sweden — Bonava is starting the production of 35 tenant-owner apartments in Ultuna, Uppsala. In total, Bonava is planning around 170 homes in several phases.
Carola Lavén.

Carola Lavén Leaves Castellum – Becomes CEO of Besqab

Sweden Sweden — Today, Carola Lavén informed that she is leaving her position as Investments Director and vice president of Castellum. Lavén is appointed as CEO of Besqab.