Hallgeir Åndal.

After the Success – Thon Tackles the E-Commerce Threat

Nordic — CEO Hallgeir Åndal on why they succeed in Sweden and the challenges for Thon's shopping centers in the Nordic countries. "We are restructuring to a great extent."
Turning Torso will soon lose its place as the tallest building in the Nordic region - and might slide down to a fourth place. "Den stora blå" in Oslo and Karlatornet in Gothenburg will be taller.

The Battle of the Towers: The Nordic Countries are Fighting for the Throne

Nordic — Nordic Property News lists the highest buildings in the Nordic region – soon the leader will be dropped from the top 3.
The anonymous municipality of Ikast-Brande will be widely known in not too long. At the local political level, Bestseller's new tower is now being prepared, which will be 320 meters tall, and thus pass the Karlatornet as the tallest building in the Nordic region.

Danish Clothing Giant Defeats the Swedes – Will Build the Tallest Building in the Nordic Region

Denmark Denmark — Neither Turning Torso nor Karlatornet will be the tallest building in the Nordic countries in the future. The Danes are going to take over the first place. "No one has complained."
Danny Kim.

"We Will See More Korean Approach to the Nordic Markets"

Nordic — South Korean AIP Asset Management made their Nordic entry with a bang – acquiring a 50,000 sqm office building in Copenhagen for EUR 160M. CEO Danny Kim tells Nordic Property News of the investment, when AIP would like to have the next acquisition in the books, potential local partners for the other Nordic markets and why he thinks we will see more Korean investors approach the Nordics going forward.
Mikael Söderlundh

Foreign Interest Behind Strong Transaction Volume

Nordic — The Nordic transaction market is close to a record listing in 2018 – driven by major transactions and foreign interest. Mikael Söderlundh, Head of Research and Partner at Pangea, tells Nordic Property News about the big foreign interest, which segments are hot and what the developments looks like in 2019.

YIT to Sell the Duetto II

Finland Finland — YIT and Baltic Horizon Fund have agreed on the sale of Duetto II office building located in Vilnius, Lithuania. The value of the deal is approximately EUR 18 million.
Museum for Hurtigruten.

Peab Builds Museum for Hurtigruten

Norway Norway — Peab has been commissioned to build a new museum for Hurtigruten on Stokmarknes in Northern Norway.
Ilija Batljan.

SBB Ends Rating by Moody’s

Sweden Sweden — SBB has decided to end its rating by Moody’s Investors Service.
Joachim Hallengren, CEO of Bonava.

Bonava Sells in Bergen

Norway Norway — Bonava is selling a rental project in Bergen to a Norwegian housing company. The transaction encompasses 94 apartments and the price amounts to approximate MSEK 211 (EUR 24M).
Tietotie 6.

Regenero Sells to EQ

Finland Finland — YIT, HGR Property Partners and their joint venture Regenero have sold the Tietotie 6 property in Otaniemi, Espoo to Special Investment Fund EQ Care (AIF).
Björn Hallin and Center Syd.

"We Are Definitely Interested in More Acquisitions"

Nordic — Following Catalyst Capitals' Swedish entry, Björn Hallin, from the company's operating partner, NCAP, tells Nordic Property News about the acquisition and the pan-European investor's future in the Nordics.
Frederiks Plads Company House office project in central Aarhus.

NCC to Sell Office Project to Pension Danmark

Denmark Denmark — NCC is divesting the Frederiks Plads Company House office project in central Aarhus to Pension Danmark for approximately MSEK 240 (EUR 23M).

The Largest Nordic Transactions in 2018

Nordic — The Nordic countries saw an eventful 2018 filled with major transactions and company buyouts. Nordic Property News has listed the largest transactions of the past year.

New Trevian Acquisitions in Helsinki and Riihimäki

Finland Finland — Special investment fund Trevian Finland Properties I has this acquired two commercial properties in Helsinki and Riihimäki.

Peab Sells to JV with Balder

Sweden Sweden — Peab has sold the property Ångkraftverket 2 in Västerås in which Steam hotel and Kokpunkten Actionbad are tenants. The divestment has been made to Centur, which is owned equally by Peab and Balder.
Karlastaden.

NREP Sells Back Karlastaden to Serneke

Sweden Sweden — NREP sells its 50 percent share of the Karlastaden development project in Gothenburg back to Serneke.

Top-Toy Declared Bankrupt

Denmark Denmark — Top-Toy, the company operating toy chains BR and Toys ‘R’ Us in the Nordics, has been declared bankrupt based on a bankruptcy petition submitted by the board. This is due to a highly disappointing Christmas sales, which means that the company cannot continue the planned restructuring.

Trophi Acquires Finnish Portfolio

Finland Finland — Trophi has acquired a property portfolio with a property value of MSEK 460 (EUR 45M) from Elite Kiinteistökehitysrahasto I Ky.
Mikael Söderlundh.

“Hot Investment Trend in 2019 As Well”

Nordic — Vonovia bought Victoria Park, EQT Partners made a bid for Stendörren, and Klövern bought both Tobin and Agora – corporate acquisitions have become a trend. Mikael Söderlundh, Head of Research and Partner at Pangea, tells Nordic Property News why the trend will continue in 2019.

Real Estate Winners and Losers on the 2018 Stock Market

Nordic — Nordic Property News has the complete list of how the Nordic real estate and construction market performed on the stock exchange in 2018.

YIT to Expand Lapland Central Hospital

Finland Finland — YIT and the Lapland Hospital District joint municipal authority have signed an agreement on the development stage of the Lapland Central Hospital expansion project.
Tripla Office Properties

YIT Sells All Tripla Office Properties

Finland Finland — YIT has sold the 50,000 sqm Tripla’s Workery offices, being built in Pasila, Helsinki, as a whole to an international investor. The deal is the single largest office property transaction in YIT’s history.

South Korean AIP Makes Their First Investment in Denmark

Denmark Denmark — South Korean AIP Asset Management has acquired a large office property in Søborg (Copenhagen). This investment is AIP’s first property investment in Denmark and the Nordics.

Castellum buys Airport in Gothenburg

Sweden Sweden — Castellum has concluded an agreement with Serneke to acquire all of the company’s real estate holdings in and around Säve Airport in Gothenburg. The investment will amount to at least 1.1 billion kronor.
Magnus Nordholm.

Heimstaden Continues to Grow in Denmark

Denmark Denmark — Heimstaden is growing in Denmark through acquisitions from a property fund managed by the Thylander Group.