Veidekke to build new stage at Vollebekk.

Veidekke to Build New Stage at Vollebekk

Norway Norway — OBOS Nye Hjem has awarded Veidekke the contract to build the Bien housing cooperative, which is the fourth building stage with 116 apartments and parking facilities at Vollebekk in eastern Oslo.
TOP 4 Nordic
Johan Gyllberg.
Nordic Nordic —
Global hotel giant heads to Kvarnholmen in 20-year deal
The deteriorating outlook is being driven by a combination of stricter climate regulations, growing pressure from capital markets and increasing tenant demand for sustainable premises.
Nordic Nordic —
German investors warn of energy crisis in property portfolios as technology emerges as lifeline
Carl-Adam von Schéele.
Nordic Nordic —
Urban Partners launches first-of-its-kind fund to accelerate urban regeneration
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
Walter Seul.

Main Targets for Swiss Life in the Nordics

Nordic — Another German investor has entered the Nordic region. Walter Seul, Fund Manager Swiss Life Living + Working Fund, tells Nordic Property News on future investments in the Nordic countries.
Helsinki.

YIT Sells Apartments to Elite Alfred Berg

Finland Finland — YIT and Elite Alfred Berg Rental Income non-UCITS Fund have signed an agreement on the sale of 120 apartments located in the Helsinki metropolitan area.
Rikshem acquires preschool in Västerås.

Rikshem Acquires in Västerås

Sweden Sweden — Rikshem expands the property portfolio by acquiring a school and preschool property in the residential area of ​​Skälby in Västerås from CKF Fastighets AB.
Which companies are the winners and which are the losers on the stock market in October?

Winners and Losers on the Stock Market in October

Nordic — Nordic Property News has the complete list of how the Nordic real estate and construction companies performed on the stock exchange in October.
Two Drydock.

Skanska Signs Leases for 10,600 sqm in Boston

Sweden Sweden — Skanska has signed an 11-year lease with Interpublic Group subsidiaries MullenLowe and Mediahub for about 10,600 square meters at Two Drydock in Boston.
Sofie Bennsten, Peter Andersson and Jörgen Eriksson.

Management Change at Catena

Sweden Sweden — Catena appoints Sofie Bennsten as Deputy CEO and CFO. She will succeed the current Deputy CEO and CFO, Peter Andersson, who has expressed his desire to reduce his current involvement following many successful years in this position.
Helsinki.

Swiss Life Acquires Kone Hissit HQ

Finland Finland — Swiss Life Living + Working fund acquires the Kone Hissit headquarters in Helsinki.
Veidekke's Director of Analysis, Kristoffer Eide Hoen.

Why the Scandinavian Construction Market Will Remain Stable in 2020

Nordic — Veidekke's Director of Analysis, Kristoffer Eide Hoen: “It is a corner of the world with exceptionally strong economic foundations.”
Fredrik Wirdenius does his last day as CEO of Vasakronan today.

Wirdenius' Closing Words: "It Has Gone our Way"

Sweden Sweden — Today, Fredrik Wirdenius, CEO of the largest real estate company in the Nordics, Vasakronan, has his final day at the job. He tells Nordic Property News about his last quarterly report, why Vasakronan has succeeded during his time as CEO and future challenges for the company.
The future Lippulaiva shopping center in Espoo will be constructed by Skanska.

Skanska Constructs Shopping Center in Espoo for Citycon

Finland Finland — Skanska has signed a contract with Citycon Oyj, a leading owner, manager and developer of urban shopping centres in the Nordic and Baltic region, to construct the Lippulaiva shopping center in Espoo, Finland. The contract is worth about EUR 170 M, about SEK 1.8 billion.
Ilija Batljan, CEO of SBB Norden.

“SBB Has the Strongest Transaction Team in Northern Europe – Without Competition”

Nordic — SBB’s CEO and founder Ilija Batljan on the Q3 figures, the Nordic market for community service properties and why they will continue to succeed in the transaction market.
Yngve Slyngstad, NBIM's CEO.

After the Milestone: These Are Norwegian Oil Fund's Property Holdings in the Nordic Countries

Nordic — Last week, the value of the Norwegian Oil Fund's holdings exceeded NOK 10,000 billion (EUR 980 billion). Nordic Property News presents the fund's holdings in the Nordic real estate companies.
Montage of the new Lippulaiva center and Erik Lennhammar, Chief Development Officer of Citycon.

The Keys to Successful Shopping Centers

Finland Finland — The new Lippulaiva shopping center will open in Espoo in 2022. Citycon’s Chief Development Officer Erik Lennhammar tells Nordic Property News on the characteristics of the mall and how Citycon cooperate with the tenants to step up their business.
Akademiska Hus invest SEK 1.8 billion in Medicinareberget.

Akademiska Hus Invests SEK 1.8 Billion in Gothenburg

Sweden Sweden — Akademiska Hus is investing around SEK 1.8 billion in a brand new building that allows the University of Gothenburg to gather large parts of its activities within the Faculty of Science in one place.
Petter Stordalen and Magnus Wikner.

Petter Stordalen Acquires Vinggruppen

Nordic — Petter Stordalen, owner of Nordic Choice Hotels, acquires Vinggruppen. His company Strawberry makes the acquisition together with Altor and TDR Capital.
Tuomas Särkilahti, CEO of Skanska Finland.

Skanska Subsidiary Acquitted in the Matter Involving Former Real Estate manager of HOK-Elanto

Finland Finland — The Helsinki District Court in Finland dismissed the charges against one of Skanska’s subsidiaries, Skanska Talonrakennus Oy, and the demand for a corporate fine. The case involves a former real estate manager of the Finnish company HOK-Elanto and is about assessing certain sports sponsorship payments that Skanska Talonrakennus Oy has made before 2013. The decision can be appealed.
Kristina Olsen.

The Residential Challenges in Norway and Denmark

Nordic — Kristina Olsen, Bonava’s new Business Unit President of Bonava Denmark-Norway, tells Nordic Property News about her new role in Bonava, the importance of the Urbanium purchase and how much the residential developer want to grow in Denmark and Norway, going forward.
Svein Erik Lilleland, CEO of Hembla.

Hembla’s CEO on the Blackstone Divestment to Vonovia

Sweden Sweden — “Vonovia is the indisputable leader and has the best-in-class management across Europe,” says Svein-Erik Lilleland.
Helsinki.

Union Investment Acquires Office Property in Helsinki

Finland Finland — On behalf of DIFA-Fonds Nr. 3 Union Investment acquires a multi-tenant building with 17 tenants in city centre of Helsinki.
Karlstad.

Estea Buys Portfolio in Karlstad

Sweden Sweden — Estea's subsidiary and alternative investment fund, Estea Sverigefastigheter 3 AB, has acquired the properties Ekorren 11, Björnen 13, Kanoten 10 and Bromsen 6 in Karlstad.

The Next Foreign Investor in the Nordic Region

Nordic — The global real estate partner makes its first acquisition in the Nordics – purchases centrally located property in a Nordic capital.
Patrik Hall.

Heimstaden Restructures the Portfolio and Extends Cooperation with Alecta

Nordic — Heimstaden has agreed with the other partners in the subsidiary Heimstaden Bostad for an extended cooperation. Heimstaden Bostad strengthen its equity base with a total of SEK 9.5 billion through a private placement towards the main owners Heimstaden and Alecta. In total, SEK 6.2 billion is allocated externally to the Group.
Agneta Segerhammar (Sagax), Ulrika Danielsson (Castellum) and Susann Linde (Wallenstam).

These Are the Longest Serving CFOs

Nordic — Which of the Nordic listed real estate companies’ CFOs have served the longest? Nordic Property News has the list.

Related article These Are the Longest Serving Chairmen Related article The Longest Serving CEOs
Kirsten Anker Sørensen.

Link Arkitektur Appoints New CEO

Nordic — Link Arkitektur appoints Kirsten Anker Sørensen as new CEO. At the same time, Anker Sørensen is elected new Group Director in Architecture at the parent company Multiconsult.