News | Nordic Property News

Hemfosa builds in Västerås.

Hemfosa Builds in Västerås

Sweden — Hemfosa has secured a contract to construct Socialtjänstens Hus in Västerås. The new building will be constructed on Hemfosa’s Sigurd 6 property in central Västerås and is scheduled to be completed in the third quarter 2021. The investment is estimated to total some MSEK 245.

TOP 4 Nordic

Lary Marben.

Nordic

Nordic —

Patriam strengthens its team with project development manager

Joakim Arvius.

Nordic

Nordic —

Joakim Arvius leaves Colliers

Christian Winther.

Nordic

Nordic —

“It is about securing continuity and maintaining momentum”

Carl-Johan Hugner.

Nordic

Nordic —

Nyfosa buys in Norway and sells in Sweden

Balder acquires in Solvallastaden.

Off to the Races – Balder Acquires Building Rights by Horse Race Track

Sweden — In an agreement with Stockholms Travsällskap as selling parts Balder has acquired future building rights of some about 83 000 sqm, corresponding to six blocks of housing and commercial premises for both commerce and local service.

Who Has the Lowest Vacancies?

Nordic — Nordic Property News presents a list of the vacancy rates among the Nordic real estate companies.

”Money Is Starting to Become Expensive”

Sweden — Sven-Olof Johansson, CEO of listed Swedish Fastpartner, on the economic slow-down and how to best prepare for what’s to come.

Google Invests EUR 600M in Data Center

Denmark — High-quality digital infrastructure and support for renewable energy production are two factors that makes Google invest EUR 600M in a new data center outside Frederica, in western Denmark.

Amasten Sells to Fastator and Offentliga Hus

Sweden — Amasten sells twelve commercial properties to Fastator and Offentliga Hus.

Ikea Makes Major Real Estate Investment

Sweden — Ingka Centres, formerly Ikea Centres, has unveiled a major new strategic vision that will see it invest €5.8 billion over the next three years to create new Ikea anchored meeting places across the world.

Mats Hederos.

Wework Landlord on the Effect of the Coworking Giant’s Nordic Entry

Nordic — Mats Hederos, CEO of AMF Fastigheter, on what effect Wework entering Sweden and the Nordics will have on the real estate market.

The Nordic Real Estate Companies’ ICR Levels

Nordic — There is a lot of focus on the development of the Nordic interest rate levels. Nordic Property News presents figures on the interest cover ratios for the Nordic real estate companies.

Cromwell REIT Acquires 11 Properties in Finland

Finland — Cromwell REIT has acquired 11 properties in Finland as part of a 23 property European portfolio.

Agora Divests in Three Cities

Sweden — Agora has signed an agreement for the sale of two properties in Tranås, a property in Trollhättan and a property in Nässjö. The sales are made at an underlying property value totaling MSEK 250.

Danish Brewery Buys Industry Property

Denmark — To Øl Brewery buys the 26,000 sqm old Beauvais factory in Svinninge.

Rutger Arnhult.

Klövern Acquires in Copenhagen

Denmark — Klövern has acquired an office property in Copenhagen for an underlying property value of MDKK 174 (EUR 23M).

The Largest Nordic Sellers

Nordic — Nordic Property News presents figures for the largest Nordic sellers.

Skanska Invests EUR 175M in Citygate

Sweden — Skanska invests approximately SEK 1.8 billion (EUR 175M) in the office project Citygate in Gothenburg, Sweden.

“Sweden Is Much More Than Stockholm, Helsinki Is a Gem and Denmark Is Problematic”

Nordic — The Swiss Life company Corpus Sireo keeps their focus on the Nordic countries. Manuel Böcher, Head of International Transactions, shares his views on the different Nordic countries from the giant company’s investment perspective.

New CEO at ATP Real Estate

Denmark — CEO of ATP Real Estate, Michael Nielsen, has decided to step down. He will be replaced by ATP Real Estate’s CFO, Martin Vang Hansen.

Strand.

Vaskronan Rents 6,600 sqm to the Swedish Council for Higher Education

Sweden — Vasakronan rents 6,600 sqm in the new project Strand in Solna, Stockholm, to the Swedish Council for Higher Education.

How Much Are the Nordic Real Estate Companies Worth?

Nordic — In the last period of time the Nordics have seen several listed companies being bought by international companies for large sums. Nordic Property News has listed the value of the listed Nordic real estate companies.

"Rents Will Rise"

Sweden — Fredrik Wirdenius, CEO of Vasakronan, tells Nordic Property News of the companies strong progress and his view on the rental market going forward.

Vincero Makes New Huddinge Acquisition

Sweden — Vincero Fastigheter has acquired three strategically significant properties in Storängen’s industry area adjacent to Huddinge city center.

Stockholmsverken.

AMF Fastigheter Rents Out 8,000 sqm in Central Stockholm

Sweden — Paradox Interactive becomes the next tenant to sign agreements in Stockholmsverken. They move into approximately 8,000 square meters at the junction between Rosenlundsgatan and Magnus Ladulåsgatan.

The First Building Plots Sold in Høje Taastrup C

Denmark — On behalf of West Coast Real Estate III A / S, REKA Group has purchased the first four building fields in the urban development area Høje Taastrup C. The intention is to build terraced houses and apartments.

YIT launches a new housing development in the Moscow Region.

YIT Launches a New Housing Development in Moscow

Finland — YIT continues the construction of the Finskiy development in the city of Shchyolkovo northeast from Moscow with its eighth apartment building in the district. The new 16-storey building will house 300 apartments ranging from studios to three-bedroom flats, with a total floor area of 13,500 square metres.

Skanska develops and sells hotel i Kiruna.

Skanska Develops and Sells Hotel to LKAB

Sweden — Skanska develops and builds a new hotel in central Kiruna, Sweden, with Scandic hotels as operator. The hotel is sold for MSEK 500 (EUR 49M) to LKAB that will take over the building at the completion in the autumn 2021.