Tomas Carlsson.

NCC’s New CEO to Take Over in May

Sweden Sweden — Tomas Carlsson, who has been appointed as the new President and CEO of NCC, will assume the position on May 7th, nearly two months earlier than planned. Tomas Carlsson is currently employed at the listed architecture and engineering consultancy Sweco.
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

Peab Builds Senior Housing for EUR 62M

Norway Norway — Peab has been commissioned to build Alta Senior Living in northern Norway. The customer is Alta Municipality and the contract is worth about EUR 62M.

Niam Acquires in Kolding

Denmark Denmark — Niam has acquired four office properties of 21,000 square meters i Kolding, Denmark.
Greg Dingizian.

Victoria Park Founder and Main Owner on Starwood Bid

Sweden Sweden — Victoria Park founder and main owner, Greg Dingizian, tells Nordic Property News about accepting Starwood's offer and what's to come.

Related article Starwood Makes Offer for Listed Swedish Company

Blackstone-owned D Carnegie Completes New Major Deal

Sweden Sweden — D Carnegie acquires 1,274 apartments in Stockholm from Byggmästare Anders J Ahlström for SEK 1.67 billion (EUR 162M). Mikael Ahlström, the seller's chairman of the board and main owner, tells Nordic Property News of the structure of the major transaction.

Largest Rental Income Growth in Sweden

Sweden Sweden — How was the rental income evolve for the listed Swedish real estate companies in 2017? Nordic Property News presents a list of the rental income development.

Starwood Makes Offer for Listed Swedish Company

Sweden Sweden — Starwood Capital Group has made a public cash offer to the shareholders of Swedish listed residential company Victoria Park. Owners of 31.5 percent share of the votes – including main owner Greg Dingizian and Balder CEO Erik Selin – have accepted the offer. Erik Selin tells Nordic Property News why and his thoughts on the process.

Hemfosa Acquires in Bergen

Norway Norway — Hemfosa Fastigheter has acquired the property Hansagården in Bergen, with a high proportion of tenants in the community services sector. Hemfosa already owns a community service property in the Bergen area and this acquisition strengthens its position in community service properties in western Norway.

JM Acquires Property Outside of Oslo

Norway Norway — JM has signed an agreement with the Norwegian pension company KLP for the acquisition of the Bergerveien 12 property in Asker. The deal is worth approximately EUR 33M. Occupancy of the property will take place during Q1 2018 and payment during Q2.
Anders Nissen.

Pandox Divests Hotel in Kiruna

Sweden Sweden — Pandox has entered into an agreement to divest the hotel property Hovmästaren 1 (Scandic Ferrum) in Kiruna for EUR 28M. The buyer is the state-owned mining company LKAB and the date of transfer is planned to December 1st 2018.

Skanska Builds Apartments in Jätkäsaari

Finland Finland — Skanska has signed an agreement with the City of Helsinki to build 223 apartments in Jätkäsaari. The contract is worth EUR 41,5M and will be included in the order bookings for the first quarter of 2018.

Why Corpus Sireo Starts in Helsinki

Finland Finland — Corpus Sireo looks to make a push towards for all the Nordic markets. Manuel Böcher, Head of International Investment, tells Nordic Property News why they are looking to start with Finland.
Visualization of the new entrance.

Criticized Abu Dhabi Project in Stockholm CBD Risk Further Delay

Sweden Sweden — The stranded conversion plans are fixed on remittal and now decisions may not be made until after the election.
New apartments to Lyngby.

639 Student Apartments to Lyngby

Denmark Denmark — Basecamp Student are in charge of the project, worth approximately EUR 71M.

JM to Develop in Stockholm

Sweden Sweden — JM has signed a development agreement with the City of Stockholm for the acquisition of land in the Persikan area in central Stockholm. The area’s detailed plan has gained final approval, and JM can develop approximately 280 residential units.
Manuel Böcher.

German Investor Targets the Nordics

Nordic — German Corpus Sireo, part of Swiss Life Asset Managers, has appointed Manuel Böcher as new Head of International Investment and targets the Nordic countries. Manuel Böcher tells Nordic Property News of the Scandinavian focus and where they look to make acquisitions.
Andreas Adolphsson.

New Financial Laws for Swedish Companies

Sweden Sweden — The Swedish government presented a proposal where the company tax is reduced to 20.6 percent and the introduction of a general limitation of interest deductions in the general sector. The proposal that has previously been out has received a lot of harsh criticism from the real estate industry in particular, where companies are often highly loaned.
The project in Århus.

A. Enggaard and PKA to Construct 57,000 sqm in Århus

Denmark Denmark — The entrepreneur group has purchased a 25,000 square meter large foundation by Godsbanen in Århus.

Nordomatic Purchases Kabona

Nordic — Nordomatic purchases Kabona and therefore becomes Scandinavia’s largest real estate automation specialist.
Charlotte Rosén.

…But ADIA is Not Worried

Sweden Sweden — ADIA’s development organization in Sweden refute criticism regarding the paused plans for Nya Stureplan.

YIT and HSY Signs Deal in Espoo

Finland Finland — YIT and Helsinki Region Environmental Services, HSY, have signed an agreement on the construction of a new underground wastewater treatment plant in Blominmäki, Espoo. The project will be carried out as a project management contract and its value is approximately EUR 206M.  

Bonava the Largest Residential Developer in Latvia

Sweden Sweden — Based on the number of newly constructed apartments registered and sold, Bonava Latvia has become the country’s largest residential development company, according to aggregate property market data.
Klara City View.

Massive Interest for First Stockholm CBD Land Sale in Ten Years

Sweden Sweden — International and larger Swedish real estate owners in the hunt for the 20,000 sqm land sale in Stockholm CBD.

Quickness Required on the Helsinki Office Market

Finland Finland — The Finnish economy has really picked up and the real estate market is doing very well. So well that if you are looking to invest in prime offices in Helsinki you better act quick, according to Deutsche Asset Management.

Hemfosa Acquires Remaining 35 Percent of JV with Aspelin Ramm

Norway Norway — Hemfosa has acquired Aspelin Ramm’s ownership stake of 35 percent in Gardermoen Campus Utvikling AS (GCU), a joint venture that has built a specialist hospital and a local medical center in the center of excellence for health services and medical care being established near Gardermoen Airport.