It is a sale-and-leaseback transaction.

Barings Makes EUR 92 Million Logistics Acquisition

Sweden Sweden — Barings announces that it has acquired four logistics assets in Norrköping on behalf of institutional investors, for about EUR 92 million through a sale and lease back agreement.
TOP 4 Nordic
Housing is singled out as the single most important factor behind the differences between European capitals. For families who rent, housing costs are by far the largest expense item (the people in the image have nothing to do with the text).
Nordic Nordic —
Stockholm among Europe’s most affordable capitals despite high housing costs
Nordic Nordic —
The companies with the most valuable portfolios
Nordic Property News lists the companies with the highest property management results of Q1.
Nordic Nordic —
List: They had the highest management profit in the first quarter
Nordic Nordic —
The companies with the highest occupancy rates
Kranen 2 Dockan Malmö.

Wihlborgs Signs Lease with Region Skåne in Dockan

Sweden Sweden — Wihlborgs has signed a 15-year lease with Region Skåne for 3,700 square meters at Kranen 2 in Malmö. The lease was signed after Wihlborgs won a tender subject to the Swedish Public Procurement Act.
Cederhusen.

Veidekke to Build Central Stockholm's First Massive-Wood Residential Block

Sweden Sweden — Veidekke’s Swedish building construction unit has been commissioned by Folkhem to build the first stage of Cederhusen, which will be Sweden's largest massive-wood residential block. Folkhem is partially owned by Veidekke Eiendom.
Sonja Horn, CEO of Entra.

“It Has Been an Extraordinary Situation for All of Us”

Norway Norway — Entra is the first Norwegian company with a Shades of Green Assessment from Cicero. Entra's CEO Sonja Horn tells Nordic Property News what this means for the company, going forward, and how these latest months have been in general – due to the pandemic.
Wework.

Several Key Players Are Leaving Wework

Nordic — Directors are leaving Wework on an almost weekly basis. Here are the latest employees that moves forward, in times when the coworking heavyweight could benefit by new office demands.

The Groundbreaking Project in Finland’s Number Two

Finland Finland — Finland’s first geothermal local heating network is being planned for the development area in Espoo. “This project is unique.”
Christina Rogestam, Gustaf Hermelin and Lennart Schuss.

Here Are the Nordic Chairmen’s Other Assignments

Nordic — Nordic Property News presents a list of other assignments for the most profiled chairmen in the industry in the Nordics.

Related article Here Are the Nordic CFOs Other Assignments Related article Here Are the Nordic CEOs Other Assignments
Part of the divested portfolio and Trevian's CEO Reima Södervall.

Trevian: “We Are Evaluating Our Retail Investment Targets”

Finland Finland — Trevian was the seller of the recent major portfolio acquisition, made by Cibus. Trevian AM's CEO Reima Södervall tells Nordic Property News about the deal, and how much their investment pace has decreased since the corona outbreak.
Norra kajen (the North Quay) in Sundsvall.

Heimstaden Buys Project Property in Sundsvall

Sweden Sweden — Heimstaden Bostad AB has from Magnolia Bostad acquired the first stage in Norra Kajen, Sundsvall Municipality. The project includes the development of 360 apartments and the property value upon completion will amount to approximately MSEK 670.
Ilija Batljan.

SBB Develops a New Police Station in Sälen

Sweden Sweden — Samhällsbyggnadsbolaget i Norden (SBB), via its subsidiary Hemfosa, develops another police station. The Police Authority’s property management division has commissioned SBB to build a police station in Sälen, Sweden, totalling 3,500 sqm.
Serneke builds for Magnolia.

Serneke to Build 414 Rental Apartments in Knivsta

Sweden Sweden — Serneke and Magnolia Bostad have signed a turnkey contract for 414 housing units in Knivsta.
Pedestrian street in Helsinki and Jaakko Ristola.

The Targets of 2020 for Elite Alfred Berg

Finland Finland — Jaakko Ristola, Head of Real Estate Investment Management at Elite Alfred Berg, on the latest investment and whether it is more difficult to close deals in challenging times.
What other assignments do the CFOs of the Nordic giants have?

Here Are the Nordic CFOs Other Assignments

Nordic — Nordic Property News presents a list of other assignments for the most profiled CFOs in the industry in the Nordics.

Related article Here Are the Nordic CEOs Other Assignments
The Trinity Quarter in Copenhagen.

Hines Unveils ‘The Trinity Quarter’ Plans For Copenhagen’s Købmagergade

Denmark Denmark — Heritage mixed-use scheme to draw on buildings’ history and university links.
Gasklockan 3 and 4.

Stockholm Landmark Project Back on the Market

Sweden Sweden — Since the deal with Oscar Properties fell through, the properties Gasklocka 3 and 4 in Norra Djurgårdsstaden will be re-marketed through a tender procedure.
Peab builds apartments in Karlstad.

Peab Builds Apartments in Karlstad

Sweden Sweden — Peab has been commissioned to build 132 apartments for rent and about 900 sqm in space for rent in the center of Karlstad. The customer is Karlstads Bostads AB and the contract is worth MSEK.
Number three and number one on the list.

These Are the Nordic Top Transactions in May

Nordic — Nordic Property News presents the largest transactions in the Nordics during May.
YIT builds logistics centre for Wärtsilä.

YIT Will Build a Modern Logistics Centre for Wärtsilä

Finland Finland — YIT and technology company Wärtsilä have agreed on the construction of the Smart Technology Hub’s logistics centre in Vaskiluoto, Vaasa, Finland. The construction work begins in June 2020. The logistics centre is scheduled to be completed by the end of October 2021.
David Mindus, CEO of Sagax.

Sagax Issues D Shares

Sweden Sweden — Sagax completes a directed issue of class D common shares, raising proceeds of MSEK 513.
Peter Strand.

SLP Grows in Nässjö

Sweden Sweden — SLP acquires 15,000 sqm in Nässjö.
The restaurant is located in Helsinki CBD.

Iconic Helsinki Building Sold – to the Tenant

Finland Finland — Another sales process where the tenant takes over the ownership of a classic property in central Helsinki has been closed.

Related article In the Middle of the Crisis: Hotel Operator Buys a Hotel They Rent
Montage of Ilkka Tomperi, Varma, and Helsinki skyline.

“Flexible Office Solutions Are Likely to Be More in Demand”

Finland Finland — Ilkka Tomperi, Investment Director and Head of Real Estate at Varma, on the effects on the Finnish property market, post the corona crisis.
Kestutis Sasnauskas (CEO of Eastnine), Siv Malmgren (CEO of John Mattson), and Andreas Wahlén (CEO of NP3).

Here Are the Nordic CEOs Other Assignments

Nordic — Nordic Property News presents a list of other assignments for the most profiled CEOs in the industry in the Nordics. Who has assignments in the Swedish national team in Handball and who is member of a Russian board?
Linda Carlsson and Michaela Borgström.

SPG Strengthens Their Team in Sweden

Sweden Sweden — Scandinavian Property Group (SPG) has recruited two new employees to the Stockholm office.
Oliver Peters, Former Head of Investment at Koncenton.

The Real Estate Investor: “Where to Go to Get a Fair Risk Adjusted Return?”

Denmark Denmark — Last year he represented the most active investor on the Danish market. However, Oliver Peters has decided to leave his position as Investment Director at Koncenton. To Nordic Property News he shares the highlights during his time at the company, tells about his new assignment and future challenges in the Danish property industry.