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.
Kista Galleria in Sweden.

Citycon Centres Almost Back to Normal Service

Finland Finland — The positive trend from June has continued in July at Citycons centres. Vice President Sanna Yliniemi tells Nordic Property News about the challenges of the pandemic and how the shopping centres have risen to once again record high footfall numbers.
Kristoffer Gregersen, Vice President Communications.

The Current Market Conditions According to Selvaag Bolig

Norway Norway — Kristoffer Gregersen, Vice president communications and marketing at Selvaag Bolig gives detailed information to Nordic Property News. He also gives an outlook for Q3 and Q4.
Veidekke produced strong results for the second quarter.

Veidekke Reports High Levels of Residential Sales

Norway Norway — Veidekke sold 263 residential units during Q2 2020. This is on a par with the same quarter in 2019 and shows that Veidekke Eiendom came out strongly from a quarter characterised by the coronavirus pandemic. Veidekke’s residential sales totalled NOK 1.3 billion in Q2 2020. The number of residential units under construction is 1,887.
Kungsleden has leased 400 sq.m. in Oxel.

Kungsleden Property Starts up its Solar Panel System and Leases a Further 400 sq.m.

Sweden Sweden — Kungsleden has leased 400 sq.m. in Oxel, the new office concept that provides inspiration for an active working day. A solar panel system and charging stations for electric cars have also been installed in the property, which is a part of Oxelbergen 1:2.
Montage of F. Scott Ball and one of Citycon's shopping centers.

Positive Trend Continues for Citycon in July

Finland Finland — Citycon continues to show positive development in footfall despite the extraordinary circumstances following the outbreak of the Covid-19 pandemic.
Kvarteret.

Veidekke Constructing 206 Homes in Lillestrøm

Norway Norway — This is a design and build construction contract valued at NOK 425 million, excluding VAT.
Jørgen Wiese Porsmyr will take up the role as CFO in Veidekke ASA from August 15.

Jørgen Wiese Porsmyr on His Return as Veidekke CFO

Norway Norway — Jørgen Wiese Porsmyr will take up the role as CFO in Veidekke ASA from August 15, a role he's had at the company before. He tells Nordic Property News what lured him back to his old position and how the company will adapt successfully to focusing purely on construction.
Representation Gyllehemmet.

SBB Signs Agreement for the Construction of a Social Infrastructure Property

Sweden Sweden — Samhällsbyggnadsbolaget i Norden AB (SBB) invests in a social infrastructure property in the city of Borlänge from Magnolia Bostad with an elderly care home, LSS housing, home care offices and a pre-school.
Jenna Kiukkonen, Sales Manager at Senate Properties, and Helsinki.

More Sales Ahead from the State of Finland

Finland Finland — Jenna Kiukkonen, Sales Manager at Senate Properties, tells Nordic Property News about the latest divestment from the State of Finland, and future investment and divestment targets.
Skanska sells retirement home in Helsingborg to Folksam.

Skanska Sells Retirement Home in Helsingborg to Folksam

Sweden Sweden — Skanska has sold a retirement home consisting of 60 apartments in the neighbourhood Gåsen in Helsingborg, Sweden for about MSEK 202, to Folksam.