"This Will Trigger the Next Financial Crisis"

Nordic — September 15 2008 the figurative bomb exploded on Wall Street when Lehman Brothers folded and set off the financial crisis. Now that a decade has pasted Nordic Property News rehashes the events of the crisis, the effect it had on the Swedish real estate market and see into the future as to what will set off the next crisis with Erik Selin, CEO of Balder, Hans Wallenstam, CEO of Wallenstam, and Sven-Olof Johansson, CEO of Fastpartner.

NP3 Acquires Portfolio for EUR 113M

Sweden Sweden — Listed Swedish NP3 has acquired a portfolio of 53 properties in the North of Sweden from Sveavalvet. The transaction price is SEK 1.18 billion (EUR 113M).

Where Artmax Looks for New Acquisitions in Norway and Sweden

Nordic — Swedish-based Artmax keeps expanding their horizons. In September they acquired the office building The Observatory in central Manchester. Kristoffer Ultenius, CEO of Artmax, tells Nordic Property News of the new expansion plans for Sweden – and where in Norway they want grow.

Skanska Buys Building Plot in Oslo for EUR 35M

Norway Norway — Skanska has purchased a 19,000 square meter building plot in Oslo for MNOK 340 (EUR 35M).
Anders Molin.

Anders Molin Recruited to Nordic Property News

Nordic — Fastighetssverige and Nordic Property News opens an office in Stockholm and recruits Anders Molin, most recently from TK Development, as Head of Nordics at Nordic Property News.
Erik Selin.

Balder acquires property at Backaplan, Gothenburg

Sweden Sweden — As a part in Balder’s investment in Backaplan, one of the big urban development areas in Gothenburg, they have now acquired a commercial property consisting of 9,000 sqm of existing space and future office construction rights of approximately 21,000 sqm.
Klaus Kaae.

NCC splits business area NCC Building

Nordic — NCC will split its largest business area, NCC Building, into Building Sweden, led by Henrik Landelius, and Building Nordics, led by Klaus Kaae. The aim is to provide each unit with better conditions to achieve profitable growth.
Colin Waddell.

Colin Waddell on his New Position as MD of CBRE Finland

Finland Finland — CBRE look abroad to find their new management in Finland and appointed Colin Waddell Managing Director. The new MD tells Nordic Property News what he will bring to the CBRE Finland and what advantages he sees in coming from the outside.
Ulf Nilsson

Ulf Nilsson on D Carnegie After his Departure and Why He Won’t Enter the Advisory Scene Again

Sweden Sweden — A year ago Ulf Nilsson left the position as CEO of Blackstone-owned D Carnegie after difference of opinion on how the company should be run. Now he gives Nordic Property News his views on how the company is doing without him and tells why he is not interested in entering the advisory scene again.

Veritas acquires hospital for EUR 64 million

Finland Finland — Veritas Pension Insurance Company has acquired the Töölö hospital from The Hospital District och Helsinki and Uusima (HUS).

D Carnegie Acquires in Södertälje

Sweden Sweden — The Blackstone company D Carnegie has entered into an agreement to acquire two residential properties for MSEK 70. The properties are located in Södertälje in close vicinity to other D Carnegie properties.

Why Amazon Might Cause a Swedish Warehouse Boom

Sweden Sweden — Amazon is rumoured to open up shop in Sweden within the near future. Kevin Mofid, Head of Industrial Research at Savills, tells Nordic Property News why the American giant might cause a boom in the Swedish warehouse market: “A trend that’s here to stay.”

Ilmarinen Expands its Real Estate Investments in the Netherlands

Finland Finland — Ilmarinen has invested in an office property in Rotterdam.

”I Think We Will See a Housing Shortage”

Sweden Sweden — The Swedish housing market are seing tough times with several developers struggling. But Anette Frumerie, CEO of Besqab, sees a potential shortage on the horizon.
YIT and Are to Build the Kaitaa Metro Station in Espoo.

YIT and Are to Build the Kaitaa Metro Station in Espoo

Finland Finland — A consortium formed by YIT and Are and Länsimetro Oy have signed an agreement on the construction of the Kaitaa station on the West Metro line in Espoo.

Skanska Builds Hydroelectric Power Plant in Hedmark

Norway Norway — Skanska will build a hydroelectric power plant in the Norwegian Tolga municipality in Hedmark.

The Largest Nordic H1 Buyers

Nordic — Nordic Property News can present a list over the largest buyers among the listed companies in H1 2018.

”I Think We Will See More Deals Like These”

Sweden Sweden — Sharam Rahi, deputy CEO of Swedish giant Balder, shares his view on the future of Gothenburg and what deals he expects to see more of.

Hoivatilat Sells Properties and Specifies its Guidance

Finland Finland — Suomen Hoivatilat Oyj signed a sales agreement with Special Investment Fund eQ Care, based on which Hoivatilat sells all shares in six property companies to eQ. The debt-free purchase price is EUR 16.4 million.

PFA Ejendomme Invest in Madrid High Street Retail

Denmark Denmark — PFA Ejendomme has invested in a retail property in Madrid.

Fabege and TB Group to Create 130 New Residential Homes in Råsunda

Sweden Sweden — Fabege and the TB Group have signed an agreement to jointly develop approximately 130 tenant-owner apartments at the old Råsunda Stadium, next to Solna Centrum and the metro station. Fabege already owns the so-called “Dallashuset” (the property Lagern 3), which is being converted into attractive tenant-owner apartments. The TB Group has now acquired 50 per cent of the project and the parties have agreed to run a joint venture.
Urban Escape.

Microsoft to Urban Escape

Sweden Sweden — Microsoft has rented 3,000 sqm in AMF's Urban Escape.

Logicor Strengthens its Position in Sweden

Sweden Sweden — Logicor strengthens its position in the Swedish logistics property market through the appointment of Christoffer Walljaeger as Senior Asset Manager.

Pangea Launches Hotel Team and New Research

Nordic — Pangea Property Partners launches a dedicated Nordic hotel team of transaction specialists, analysts and industry experts to strengthen its position. In addition, the team presents new research.

DWS Acquires 42,000 sqm in Aviapolis

Finland Finland — Elo Mutual Pension Insurance Company, together with Local Tapiola General Mutual Insurance Company have sold a prime logistics property by the Helsinki-Vantaa Airport to DWS.