Anders Kupsu.

Anders Kupsu Leaves Skandia Fastigheter

Sweden Sweden — Skandia Fastigheter's CEO Anders Kupsu steps down after nine years at the helm.

Technopolis Invests in Vilnius

Finland Finland — Technopolis will invest a total of EUR 51.9 million in organic expansion in its existing Ozas Campus in Vilnius, Lithuania.

Vasakronan Sells to Stena

Sweden Sweden — Vasakronan sells properties in Lund to Stena Fastigheter for MSEK 370 (EUR 35.7M).

Yays Plans Nordic Expansion

Nordic — Amsterdam-based serviced apartment investor and operator Yays has announced an ambitious European growth plan, with a mission to grow to 2000 units by 2023. Yays is focusing its aggressive expansion on Benelux, France, Germany, Scandinavia, Spain and Switzerland with the ability to acquire real estate and operate on a lease basis.

Reactions to EQT's Offer for Stendörren

Sweden Sweden — Another company acquisitions is under way in the Nordics as EQT Partners has made an offer for Stendörren. The CEO and second largest owner gives Nordic Property News their view on the new owner.

Winner and Loses on the Stock Exchange

Nordic — How did the Nordic real estate companies perform on the stock exchange in November? Nordic Property News has the list.

Skanska Sells Two Office Buildings in Katowice

Sweden Sweden — Skanska has sold buildings C and D of the Silesia Business Park office complex in Katowice. The buyer is ISOC Group, a diversified real estate and infrastructure investment group, based in Manila, Phillipines. The value of the transaction is EUR 59M.
Martin Lindgren

Unibail-Rodamco-Westfield Adds Keyplayer

Nordic — Unibail-Rodamco-Westfield continues to gear up in the Nordics. On Thursday it was finalized that the new Director of Operations will be Martin Lindgren formerly of JLL. He tells Nordic Property News what it was about Unibail that attracted him, what it feels like to reenter the owner side and how he wants to develop the company in the Nordics.
Lars-Peter Søbye, CEO of Cowi, and Peter Hartmann Berg, CEO of Arkitema Architects.

Cowi Acquires Arkitema: "It Does Not Stop Here"

Nordic — Cowi strengthens their position by acquiring Arkitema Architects. Lars-Peter Søbye, CEO of the Danish powerhouse, tells Nordic Property News of the acquisition, Cowi’s new position and the possibility of acquiring more companies going forward.
Jollyroom Rents 19,000 sqm from Prologis.

Jollyroom Rents 19,000 sqm from Prologis

Sweden Sweden — Prologis announced today that they have signed a lease with Jollyroom for close to 19,500 sqm in the Gothenburg Park II, DC2 and DC3, in Torslanda, Gothenburg.

Conficap Sells Logistics Center in Örebro

Nordic — Conficap Oy sells its logistics center in Örebro, Sweden to a professional investor club.

Technopolis to Invest EUR 94M in Espoo

Finland Finland — Technopolis will invest a total of EUR 94.1 million in organic expansion in its existing Otaniemi Campus in Espoo, Finland. The project will consist of three phases to be built in 2018–2024. It will add around 19,000 sqm to the rentable area of the Otaniemi campus, bringing the total to nearly 78,700 sqm upon completion of this project.

Stendörren Acquires in Västerås

Sweden Sweden — Stendörren makes an additional purchase to the Västerås portfolio acquired from Castellum.

"Investors Focus Too Much on Helsinki"

Finland Finland — Hemsö invests EUR 130 million in Turku. The company’s Head of Asset Management Finland, Jarkko Leinonen, tells Nordic Property News about the investment, the strengths of Turku and the benefits of expanding outside of Helsinki.

How Kungsleden Will Spend the Money from the Eskilstuna Exit

Sweden Sweden — Kungsleden's deputy CEO on leaving Eskilstuna and where they will spend the money from the divestment to Regio.

Hemfosa Acquires LSS Homes

Sweden Sweden — Hemfosa is acquiring a further four LSS homes in Sweden from Emrahus at a total property value of MSEK 103. The acquisition is part of Hemfosa’s cooperation with Emrahus regarding the acquisition of completed and leased LSS homes, and contributes to strengthening Hemfosa’s position as a specialist in community service properties.

EQT Partners Makes Public Cash Offer for Stendörren

Sweden Sweden — EQT Partners has, through Chicago Holding, made a public cash offer for Stendörren. Owners representing approximately 50 percent of the votes has accepted the offer of SEK 100.25 per class A and class B share.

Veidekke Forms New Company for Commercial Property Development

Nordic — Veidekke Bostad and STOS Fastigheter are forming a joint venture, Veidekke Kommersiellt AB, which will also become an independent business unit within Veidekke.
Peter Neuberg.

JM Makes Executive Management Change

Sweden Sweden — Peter Neuberg, Business Unit Manager of JM Construction, has announced that he would like to resign his positions as Business Unit Manager and President of JM Entreprenad.

How Are the Nordic Real Estate Companies Leveraged?

Nordic — How are the loan-to-value situation for the listed Nordic companies? Nordic Property News has the list of how leveraged the companies are.

Kungsleden Leaves Eskilstuna

Sweden Sweden — Kungsleden has signed an agreement to sell their entire Eskilstuna stock – 15 commercial and office properties – to Regio for MSEK 700 (EUR 68M).

Hemsö in Transaction with the City of Turku

Finland Finland — Hemsö and the City of Turku are preparing a transaction whereby Hemsö will acquire a property portfolio comprised of eight nursing homes and health care properties from the City of Turku in Finland. The acquisition cost amounts to EUR 130M.

“We Might Not Need to Build Away the Office Shortage”

Sweden Sweden — The office shortage in Stockholm has led to a scolding hot market with rents sky rocketing – but also a market where real estate owners see problems to grow with their tenants. A large focus is on construction and creation of new offices. Anneli Jansson, CEO of Humlegården, sees a future scenario where a different solution might be possible.

Fredensborg Acquires in Vollebekk

Norway Norway — Ivar Tollefsen's Fredensborg Bolig acquires in Vollebeck to develop housing.

Partnera Reduces Its Holdings in Soumen Hoivatilat

Finland Finland — Konstsamfundet and Kusinkapital becomes largest shareholders in Hoivatilat.