Skanska has signed a contract with The Arctic Student Welfare Organization to build new student housing in Svalbard, Norway.

Skanska Builds Student Housing in Svalbard for NOK 310 Million

Norway Norway — Skanska has signed a contract with The Arctic Student Welfare Organization to build new student housing in Svalbard, Norway. The contract is worth NOK 310 M, about SEK 320 M.
Helsinki.

Varma to Acquire OP Cooperative’s Vallila Property Together with South Korean Investors

Finland Finland — South Korean-Finnish consortium which includes Varma Mutual Pension Insurance Company, NH Investment & Securities (NHIS) and Shinhan Investment Corp. have acquired OP Cooperative’s HQ property in Vallila, Helsinki. The value of the transaction is 480 million euros. OP will continue operating in the property under a long-term lease agreement.
Which companies are the winners and which are the losers on the stock market in January?

These Are the Winners on the Stock Market in January

Nordic — Nordic Property News has the complete list of how the Nordic real estate and construction companies performed on the stock exchange in January.
Vision of the Lumijälki 2 project.

SRV Sells Logistics Centre in Vantaa to Sagax

Finland Finland — SRV has made a deal with Sagax Finland on the sale of the Lumijälki 2 project. Work on the logistics centre will commence immediately and the new premises in Ylästö, Vantaa will be ready for use in early 2021.
Montage of Robert Landtman, Partner at Alma Property Partners, and a Finnish shopping center.

”Retail Will Continue to Be an Attractive Asset Class”

Finland Finland — Alma Property Partners has acquired Tikkuri, a shopping center in the Tikkurila area of Vantaa. Robert Landtman, Partner at Alma Property Partners, on the possibilities in a struggling segment.
Stockholm.

CBRE: Favourable Conditions for Real Estate Continues

Sweden Sweden — Low inflation, 0 percent interest rate and moderate economic growth will set the stage for another good year for properties, according to the Real Estate Market Outlook 2020 for Sweden, published today by the global real estate advisor CBRE.
Three of the hotel that were purchased in December.

Last Month's Top Ten Hotel Transactions in the Nordics

Nordic — Nordic Property News lists the largest deals on the hotel market in December.
Biljana Pehrsson.

Kungsleden’s CEO Biljana Pehrsson Proposed as New Board Member of Swedbank

Sweden Sweden — Swedbank’s Nomination Committee proposes Kungsleden's CEO Biljana Pehrsson as a new board member of Swedbank. The election takes place at Swedbank's Annual General Meeting on 26 March.
Markus Pitkänen.

EQ Launches a Residential Fund – Recruits from Bonava

Finland Finland — EQ Asset Management will start investing in residential real estate during 2020. Unlike EQ’s existing special investment real estate funds, the residential fund will be a closed limited liability structure aimed mainly for professional institutional investors.
Anna Nambord.

Wihlborgs Appoints Director of Sustainable Business

Sweden Sweden — Wihlborgs applies a long-term approach to continuously develop in a sustainable direction and has now formed the business area Sustainable Business with representation in the Group Management.
Mikael Fogemann.

PFA Acquires Building Plots for DKK 400 Million

Denmark Denmark — PFA has purchased building plots in the upcoming district of Høje Taastrup C, where two DGNB-Gold certified residential properties will be built in the next few years.
Thorsten Slytå is the new MD of Barings' real estate operations in Scandinavia.

Why Barings Attracted Slytå: ”Gave Me the Opportunity to Go Back”

Nordic — Thorsten Slytå is the new Managing Director and Head of Scandinavia at Barings Real Estate. To Nordic Property News he tells about his succesful years at M&G and which investments he will focus on at Barings, going forward.
Dragana Marina, Head of Research at CBRE in Denmark, shares her view on the future of the Copenhagen office market.

The Future Office Trends in Copenhagen

Denmark Denmark — Dragana Marina, Head of Research at CBRE in Denmark: ”Much more hype around flexible workspaces than ever before.”
The Nordic real E
estate companies’ dividend yields.

These Companies Provide the Highest Yields on the Stock Exchange

Nordic — Nordic Property News has listed the Nordic construction and real estate companies’ dividend yield. Here is the updated list.
Sverker Källgården, CEO of Cibus Nordic Real Estate.

Cibus Ready to Expand: ”Now We Are Looking at the Rest of the Nordics”

Nordic — Cibus Nordic Real Estate's CEO Sverker Källgården on the new organization, what makes the listed company unique in the market and whether we can expect acquisitions outside Finland this year.
Therese Rattik, CEO of Areim.

Areim's Investment Focus: Norway and Denmark

Nordic — Areim’s CEO Therese Rattik on the closing of the Areim Fund IV and what kind of investments they are looking for, going forward, across the Nordics.

Barings Appoints Thorsten Slytå from M&G Real Estate

Nordic — Barings strengthens its European Real Estate capabilities with two key leadership appointments across Benelux and Scandinavia.

Vonovia: ”We Plan to Be an Eternal Owner”

Sweden Sweden — Per Ekelund will be the CEO of both Victoria Park and Hembla. Rolf Buch, Vonovia’s CEO, tells Nordic Property News about the future Swedish structure of the residential giant and whether further investments in the Nordics are in sight, in the nearest future.
Espoo.

Kojamo and Lehto Collaborate on Espoo Apartments

Finland Finland — Kojamo's Lumo Kodit Oy and Lehto Asunnot Oy agree on the construction of 106 apartments in Espoo Kilo.
Andreas Wahlén, CEO of NP3.

NP3 Acquires in Four Cities

Sweden Sweden — In four separate transactions, NP3 has acquired six properties, mainly with the purpose of industrial and logistics operations, for a property value of MSEK 169.
Erik Selin, CEO of Balder.

Balder Purchases Three Retail Properties

Finland Finland — Swedish property investor Balder has increased its property portfolio in Finland with three car dealership properties.
Keilainiemi.

Peab Builds Office Building and Hotel in Keilaniemi

Finland Finland — Peab has been commissioned to build an office building and a hotel in Keilaniemi in Espoo, Finland, in Miestentie 5. The contract is worth EUR 38 million.
Per Ekelund, CEO of Victoria Park, becomes acting CEO of Hembla.

Per Ekelund New Acting CEO of Hembla

Sweden Sweden — Today Hembla’s Board of Directors has appointed Per Ekelund as acting CEO of Hembla. Per Ekelund will follow Svein Erik Lilleland as CEO. Svein Erik Lilleland has decided to step down and hand over responsibility for his Management Board duties to Per Ekelund from now on. Per Ekelund is also CEO of the residential real estate company Victoria Park, a position he will continue to hold as he takes on his new role.
Marcus Hansson.

Why Sato Changes Valuation Method

Finland Finland — Marcus Hansson, CFO of the main owner Balder, and member of the Sato board: ”A more transparent method.”
Jes Rovsing.

He Leaves Aberdeen – to Help a Foreign Investor into Denmark

Denmark Denmark — Jes Rovsing, Head of Transactions, Denmark at Aberdeen Standard Investments, on his new job and challenges when entering the Danish property market.