Skanska Sells Logistics Facility in Arlandastad

Sweden Sweden — Skanska has sold a logistics facility to be built in Arlandastad, Sigtuna, for about EUR 23M. The buyer is Logicenters.
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
Helsingin Pikkutylli.

YIT in Several Apartment Building Projects

Finland Finland — YIT has started several apartment building projects during April and May. The largest of the started projects include Helsingin Pikkutylli, Kauniaisten Kreivi and Vantaan Koukku, among others, with value of approximately EUR 50M in total.

Starwood Rejects Vonovia's Offer for Victoria Park Shares

Sweden Sweden — Starwood has announced that they do not intend to accept Vonovia's current offer of SEK 38 per Class A and Class B share and SEK 316 per preference share.

"The Strong Foreign Interest in Norwegian Real Estate Will Continue"

Norway Norway — Anders Solaas, newly appointed CEO for Cushman & Wakefield Realkapital, tells Nordic Property News of his views on the Norwegian market, the future development of foreign interest in Norway and what he can contribute to Cushman & Wakefield.

Midroc on Major Stockholm Divestment

Sweden Sweden — Midroc completes a major sale in Stockholm CBD to Anders Bodin Fastigheter. Midroc's deputy CEO Peter Syrén tells Nordic Property News about the large divestment of Tändstickspalatset – and the company's future Stockholm plans: "Will definitely invest."

Salto Eiendom and Scala Retail Property Merge

Norway Norway — The two shopping center companies Salto Eiendom and Scala Retail Property merge to form Norway's fourth largest retail owner.
Årstadvollen.

Skanska Builds Education Facilities for the University of Bergen

Norway Norway — Skanska has signed a contract with the University of Bergen to build a new education facilities at the campus area in Bergen, Norway. The contract is worth MNOK 295 (EUR 31M).
Anders Solaas.

New CEO of Cushman & Wakefield Realkapital

Norway Norway — Anders Solaas has been appointed as CEO of Cushman & Wakefield Realkapital in Norway. He joins from Entra ASA, where he has had a leading role as Head of Leasing and property development.
Rikshem buys outside of Gothenburg.

Rikshem Buys in Älvängen for EUR 30M

Sweden Sweden — Rikshem has bought a combined retirement home and rental apartments for senior citizens in Älvängen, outside of Gothenburg, from Skanska.

Why Balder Enters Germany

Sweden Sweden — The company's CFO Marcus Hansson explains to Nordic Property News why they view the hotel portfolio as the optimal step into the country: "There could definitely be more acquisitions."

Amasten on the Hunt for More

Sweden Sweden — Amasten's Jan-Erik Höjvall tells Nordic Property News about the company's largest transaction of all time - and the plans for new business areas.

Herning Municipality Buys From Blue Cross

Denmark Denmark — The municipality has reached agreement with Blue Cross Denmark about the price of buying properties in Herning, which houses a heating room. With the demolition of existing buildings, the project is impacting almost MDKK 6.
The new terminal.

Peab Builds Airport Terminal

Sweden Sweden — Peab has been commissioned to build the new airport terminal in Sälen along with the accompanying garage and infrastructure. The customer is Scandinavian Mountains Airport and the contract is worth EUR 23M.

Avara and Lehto Signs Deal for Housing

Finland Finland — Avara and Lehto Asunnot Oy have signed a framework agreement concerning a housing portfolio which includes construction of 340 apartments in five cities around Finland. Avara acquires portfolio for Avara Asuinkiinteistörahasto I Ky -PE fund.

Regenero Finances Development Projects in Keilaniemi

Finland Finland — Keilaniemen kiinteistökehitys Oy, a wholly owned subsidiary of Regenero, issued a senior secured bond of EUR 100M on May 31th. The bond matures in May 2021 and carries a coupon of 4.000 percent per annum. The bond issue is the first large real estate development bond in Finland.
Hans Wallenstam.

Why Wallenstam Believes a Housing Crash is Coming

Sweden Sweden — CEO Hans Wallenstam tells Nordic Property News why he believes a crash in the housing market is coming – and when.
Rutger Arnhult.

Klövern's Investment Goal for the Hot Danish Market

Denmark Denmark — Klövern keeps up the pace in Denmark. After the company’s second acquisition, CEO Rutger Arnhult tells Nordic Property News of his views on the Danish market and what real estate volume they want to reach in Denmark.
New Hotel in Arenastaden.

Fabege and Stordalen in New Major Project

Sweden Sweden — Arenastaden is continuing to expand, and demand for hotel rooms now significantly outstrips supply, largely due to growth in Solna’s tourist and hospitality industry quadrupling since the opening of Friends Arena and Mall of Scandinavia. Fabege and Nordic Choice Hotels are now together investing in another hotel in Arenastaden to offer visitors to the district additional accommodation alternatives.
Sato creates new homes.

Sato Builds New Homes in Helsinki

Finland Finland — The construction of Sato's 75th anniversary project in Atlantinkatu street, Jätkäsaari, Helsinki, has been launched.

Sponda Creates New Office and Retail Complex in Tampere

Finland Finland — Property investment company Sponda Plc will develop an office and retail complex in Ratina, Tampere, with connection to Ratina shopping centre. The main tenant of the complex will be Elisa Oyj.
Ulrika Hallengren.

Wihlborgs Divests Industrial Properties in Malmö

Sweden Sweden — Wihlborgs has divested four industrial properties in Malmö to Corem. The properties were sold in corporate wrappers at an underlying property value of around EUR 14M.

Why Balder has Strong Faith in the Nordic Markets

Nordic — Earlier this spring Sweden's largest listed real estate company, Balder, made its first acquisition in Norway as well as several acquisitions in the other Nordic markets. For Nordic Property News, CEO Erik Selin gives his views on the Nordic region's future development.

Heba Open for More after Largest Acquisition in Company History

Sweden Sweden — Heba made their largest ever acquisition by purchasing apartments and land in Täby, Stockholm, for MSEK 449 (EUR 44M). Patrik Emanuelsson, CEO of Heba, tells Nordic Property News of the possibility of more acquisitions.

Klövern Makes EUR 99M Acquisition in Copenhagen

Denmark Denmark — Klövern has acquired four office properties in Copenhagen for an underlying property value of MDKK 735 (EUR 99M).

Barings: "We Expect Office Rents in Stockholm to Outperform Perform Peer Cities"

Sweden Sweden — Barings Real Estate completed a major purchase in Stockholm by acquiring Fleming 7 from Mengus for approximately EUR 107M. With the acquisition in hand Gunther Deutsch, Head of Real Estate Transactions Europe at Barings, tells Nordic Property News of their view of the Stockholm market and what Swedish segments they are focusing on next.