Toni Pekonen, Business Director of Varma.

The Real Estate Investor’s Office Targets in Finland

Finland Finland — Varma’s Business Director Toni Pekonen: “There is still opportunities for attractive investments in the office market.”
Nordic Property News presents the listed property companies' rental income for the third quarter of 2019.

They Have Increased their Rental Incomes the Most in Q3

Nordic — Nordic Property News presents the Nordic listed property companies' rental income for the third quarter of 2019.
Stina Lindh Hök.

Nyfosa Has Acquired Properties for MSEK 654 in Q4

Sweden Sweden — During the fourth quarter, Nyfosa has acquired properties at a total value of MSEK 654 in four separate transactions. In total, the company has acquired 16 properties situated around in Sweden with a focus on Södertälje and Malmö.
Montage of Matthias Kettelhoit, Commercieal Head of Logicenters, and skyline of Kerava.

“Everyone Wants to Be in Central Helsinki”

Finland Finland — Logicenters' Commercial Head Matthias Kettelhoit tells Nordic Property News about the geographical trends of logistics properties, why Logicenters is partly building based on speculation and which Nordic countries that are at the forefront of the segment.
Weidekampsgade 12-16 in Copenhagen.

KLP Eiendom Makes Large Copenhagen Acquisition

Denmark Denmark — KLP Eiendom has entered into an agreement with Langebro Eiendom to buy Weidekampsgade 12-16 in Copenhagen. The property was developed by the Norwegian family companies Hathon Eiendom and Havfonn and has been in their ownership since 2003.
Oslo.

Scandinavian Property Group Acquires Centrally Located Oslo Property

Norway Norway — Scandinavian Property Group (SPG) has acquired Hedmarksgata 13-15 in Oslo. The property today consists of a building of a total of 8,800 square meters with commercial operations where Sats is the largest tenant.
Sverker Källgården, CEO of Cibus Nordic Real Estate.

Cibus’ CEO on the Expansion Plans: “Just a Matter of Time”

Finland Finland — After the massive amount of acquisitions: Cibus Nordic Real Estate did not make any purchase in the third quarter. CEO Sverker Källgården on why it has been a lack of investments and where they look for next acquisition.
Logicenters is developing a 18,300 sqm logistics facility in Kerava.

Logicenters Is Establishing in Kerava

Finland Finland — Logicenters is continuing to strengthen its portfolio in the Finnish market. In Kerava, just outside Helsinki, Logicenters is currently developing a logistics facility with a total area of 18,300 sqm. A ten-year lease has been signed with tenant Dachser to lease an area of around 4,600 sqm. The property is scheduled for completion in 2020.
Varma acquires office property from DWS

Varma Acquires Office Property from DWS

Finland Finland — Varma acquires approximately 7,000 square meters office property on Itämerenkatu 9, Helsinki, from DWS.
Knut Holte.

“The Land Prices Have Skyrocketed in Recent Years”

Norway Norway — Scandinavian Property Group’s Managing Partner Knut Holte on the struggling residential market in Oslo and why SPG is guaranteed to purchase new properties in Greater Oslo next year.
The Nordic Real Estate Companies’ dividend yields in Q3.

They 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.
Knut Pedersen.

Knut Pedersen Leaves as CEO of Catella

Sweden Sweden — Catella's President and CEO Knut Pedersen has informed the Board that he wishes to leave his role as CEO. He will continue in his current role during the notice period of a maximum of 6 months and will leave the position as CEO at the latest in conjunction with the Annual General Meeting.
Sonja Horn, CEO of Entra.

Entra Acquires Development Property in Bergen

Norway Norway — Entra has acquired the property Møllendalsveien 6-8, located in Entra’s existing property cluster and nearby Media City Bergen, for a property value of NOK 400 million.
The largest Nordic real estate companies on the stock exchange.

The Market Cap Among the Nordic Real Estate Companies

Nordic — Nordic Property News presents the market capitalization among the Nordic construction and real estate companies on the stock exchange. Which companies are the biggest?
The city of Ålesund and Jarkko Lehtonen.

United Bankers: ”We Will Invest in All the Nordic Countries”

Nordic — Jarkko Lehtonen, Portfolio Manager of United Bankers’ Nordic Property Fund, tells Nordic Property News about the acquisition in Ålesund and United Bankers’ investment targets in the Nordics, going forward.
Fredrik and Olav H Selvaag.

Selvaag to Sell Large Part of Its Land Bank

Norway Norway — Selvaag Bolig will propose to the general meeting that it sells large parts of its land bank to Urban Property. These companies will become long-term and strategic partners, and Selvaag Bolig will have a pre-emptive right and option to buy back the land. This transaction is worth NOK 3.4 billion and about NOK 2 billion will be paid as an extraordinary dividend, corresponding to NOK 22.00 per share.
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
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.