The Norwegian Maritime Competence Center in Ålesund.

United Bankers Acquires a Modern Office Property in Ålesund

Norway Norway — United Bankers’ UB Nordic Property Fund (AIF) has invested in a modern office property, Norwegian Maritime Competence Center, (NMCC) in Ålesund. The investment has been completed as a part of a group of investors, and the Fund’s share in the club deal is 30 percent
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
Ilija Batljan.

SBB Makes EUR 2.19 billion Bid for Hemfosa

Sweden Sweden — Ilija Batljan's Samhällsbyggnadsbolaget (SBB) announces a recommended public offer to the shareholders of Hemfosa to acquire all the common shares and preference shares. The common shares and preference shares in Hemfosa are admitted to trading on Nasdaq Stockholm, Large Cap. SBB’s Class B common shares and Class D common shares are admitted to trading on Nasdaq Stockholm, Large Cap.
Jimmy Bengtsson tells Nordic Property News about the decision to split the Veidekke group into two separate entities.

Why the Construction Heavyweight Will Split the Company

Norway Norway — Jimmy Bengtsson, CEO of Veidekke, tells Nordic Property News about the decision to divide the construction company into two separate entities, how it will affect the shares and how the real estate company will provide growth.
Per Wetke Hallgren, CEO of Jeudan.

Jeudan’s CEO: “A Lower Level of Activity”

Denmark Denmark — The Danish listed real estate company Jeudan’s CEO Per Wetke Hallgren on the Q3 figures and potential real estate investments in Denmark, going forward.
Biljana Pehrsson, CEO of Kungsleden.

Kungsleden Leases Out 7,000 sqm in Gothenburg

Sweden Sweden — Kungsleden has leased 5,400 sq.m in Högsbo to the PDL Group, which will create Northern Europe's largest arena for paddle tennis, and 1,900 sq.m to the Peab School.
Bengt Kjell, Chairman of the Board of Hemfosa.

Hemfosa’s Chairman: ”Of Course I Was Surprised”

Sweden Sweden — After SBB’s EUR 2.19 billion bid on the listed community service property company Hemfosa: Bengt Kjell, Chairman of the Board at Hemfosa, shares his view on the bid.
Klövern signs a 20-year lease with Scandic Hotels.

Klövern Signs a 20-year Lease with Scandic Hotels for New Örebro Hotel

Sweden Sweden — Klövern has signed a lease contract with Scandic Hotels encompassing approximately 5,800 sqm in a planned new modernistic building in Örebro. The hotel will have around 160 rooms. The tenant is expected to move in in November 2021.
Veidekke to split the company.

Veidekke to Split the Company

Norway Norway — The board of directors in Veidekke has at this week’s board meeting decided to split the group into two separate entities and establish the property development operation under a new ownership structure. The decision is the result of a strategic review of the group's composition and an assessment of growth and development opportunities for Veidekke's various business areas.
Sanne Wall-Gremstrup.

Schmidt Hammer Lassen Architects Opens Two US Offices

Denmark Denmark — Schmidt Hammer Lassen Architects opens two offices in North America and plans to bring together the Danish offices in Copenhagen.
Joakim Arvius is the new CEO of Pangea Property Partners' Swedish operations.

Pangea's New CEO in Sweden: "It Will Be a Transaction-Intensive End of 2019"

Sweden Sweden — Pangea Property Partners has appointed Joakim Arvius as new CEO in Sweden. He tells Nordic Property News about the new role at the company and why he is not worried about the Nordic property market in the coming year.
Troels Andersen.

Why Aberdeen Chooses the Nordics over UK

Nordic — Aberdeen Standard Investments has launched a European long income real estate fund, with focus on the Nordic region. Fund Manager Troels Andersen on which segments they are aiming for and why UK will not be included in the investment mandate.
Which companies performed in the profit list during Q3?

They Have Increased their Profit the Most in Q3

Nordic — Nordic Property News presents the listed Nordic companies’ profit before tax during Q3.
Kungens Kurva.

M&G Real Estate Acquires Two Logistics Assets in Key Last Mile Hubs

Sweden Sweden — M&G Real Estate, a leading financial solutions provider for global real estate investors, has acquired two prime logistics assets, Myrfast in Segeltorp, marking a combined EUR 64 million investment into the Nordics logistics sector.
Andrea Cedwall.

Rikshem Appoints Andrea Cedwall Head of Transactions

Sweden Sweden — Andrea Cedwall is appointed Rikshem's Head of Transaction. Andrea Cedwall comes most recently from the community real estate company Hemsö, where she was, among other things, transaction manager. She will take up her new position in January 2020.
Nordic Property News presents the largest investments from the listed companies in the Nordics during the first nine months of 2019.

They Have Invested the Most in their Own Portfolios

Nordic — Nordic Property News presents the largest investments from the listed companies in the Nordics so far in 2019 – in their own portfolios.
Mattias Lundgren.

Why SSM Changes its Residential Focus

Sweden Sweden — The housing developer SSM’s new CEO Mattias Lundgren on going from condominium apartments to rental projects. “The basic insight is that the core in the company is strong.”
Thorsten Slytå, Director in the Nordic region at M&G Real Estate.

“We Will Continue to Scan the Nordic Logistics Market”

Nordic — Thorsten Slytå, Director in the Nordic region at M&G Real Estate, tells Nordic Property News about the transaction year for the company, why logistics is one focus area and in which Nordic markets M&G is searching for future investments.
Copenhagen.

Aberdeen Standard Investments Launches New Fund

Nordic — Aberdeen Standard Investments launches European long income real estate fund. The fund will be managed from Denmark and with the Nordics as a prioritized market.
Anders Nissen, CEO of Pandox.

Pandox Acquires Hotel Property in Nuremberg

Sweden Sweden — Pandox has entered into an agreement to acquire Maritim Hotel with 316 rooms in central Nuremberg, Germany. The total transaction value amounts to approximately MEUR 61, including transfer tax, and will be financed by cash and existing credit facilities.
Perhelä.

YIT and the City of Järvenpää to Sign a Contract Concerning the Perhelä Area Development

Finland Finland — Järvenpää City Council approved the Perhelä set of contracts. The zoning process for the project will start in early 2020.
Johanna Skogestig and Malmö skyline.

Vasakronan’s CEO on the Benefits in Malmö

Sweden Sweden — The largest commercial property owner in the Nordic countries opt out of several Swedish cities. Vasakronan's CEO Johanna Skogestig tells Nordic Property News about the strategy of the company and how the first week as CEO has been.

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The Nordic Real Estate Companies’ ICR Levels in Q3.

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

Nordic — Nordic Property News presents figures on the interest cover ratios for the listed Nordic real estate companies during Q3.
Keith Silverang.

Keith Silverang Finds New CEO Position

Finland Finland — The former Technopolis CEO Keith Silverang has found a new CEO position.
Skanska's office development Aura in Malmö.

Vasakronan Acquires Office Project in Malmö from Skanska

Sweden Sweden — Skanska has sold the office building Aura in Malmö, Sweden, for SEK 430 million. The buyer is Vasakronan. The divestment will be recorded by Skanska Commercial Development Nordic in the fourth quarter 2019.
Mathias Svensson.

He Is Thon Property's New CEO

Nordic — Thon Property gets a new CEO and it is now official who will take over the Olav Thon Group's Swedish division.