Swedish Big-Spender Restructures – Opens Up for New Acquisitions

Nordic — After several large investments in both Sweden and Denmark – Heimstaden restructures their portfolio. The company's Deputy CEO Magnus Nordholm tells Nordic Property News about how the changes will open up for more acquisitions.

SRV Launches Construction of Pressi

Finland Finland — SRV is launching the construction of a new kind of multifunctional business premises, Pressi, in Vantaankoski.
Lena Boberg.

Ica Purchases in Upplands Bro

Sweden Sweden — Ica Fastigheter has purchased the Örnäs 1:22 property in Upplands Bro. The property, amounting to approximately 83,500 square meters, was acquired through a company purchase. The seller is Kilenkrysset.
Fredrik Lidjan.

Magnolia Sells to Genova

Sweden Sweden — Magnolia Bostad has entered an agreement regarding the divestment of the Instrumentet 2 property in Örnsberg, Stockholm, with a total leasable area of approximately 6,000 square meters.
Melhustorget.

Wish to Demolish Mall and Reconstruct for EUR 100M

Denmark Denmark — The owner of Melhustorget, together with Heimdal Eiendom, wants to demolish the largest shopping center in the region and reconstruct together with 250 apartments.
NCC will build the central station.

NCC Builds in Gothenburg for EUR 470M

Sweden Sweden — NCC has signed an agreement with the Swedish Transport Administration for the assignment to construct Central Station, which is a significant phase of the West Link project in Gothenburg.

Akelius Buys for EUR 51M in Montreal

Sweden Sweden — Akelius buys 264 apartments by Peel Plaza next to the McGill University in central Montreal.
Skellefteå Cultural Centre.

Nordic Mipim Awards Nominees: Skellefteå Cultural Centre

Sweden Sweden — With the Mipim fair just weeks away. Nordic Property News shines a light on the Nordic nominees for Mipim Awards. Kicking off with White designed Skellefteå Cultural Centre that is competing for Best Futura Project.
Ilija Batljan.

Rising EU Interest Rates Make SBB Look at Denmark

Denmark Denmark — After tripling the property portfolio's value in 2017 and entering the Finnish market, SBB opens up for a Danish expansion.
Sato to create 239 rental homes.

Sato to Create Rental Homes in Helsinki

Finland Finland — 239 new Sato rental homes will be constructed in Helsinki's Herttoniemi and Kalasatama districts in the coming years. The Herttoniemen Laivalahdenkaari 1 property will have 143 Sato rental homes and Kalasataman Capellan puistotie 96 Sato rental homes.

"Stockholm is a Shining Star in Europe"

Sweden Sweden — At the end of 2017 D Carnegie announced the largest Swedish transaction of the year by acquiring 1,420 apartments in the Stockholm region from Akelius for SEK 2.47 billion (EUR 247M). With the aim to make 2018 as successful as 2017, Blackstone-owned D Carnegie keeps focus on Stockholm, and the city's expected population-growth.

EUR 107 Billion Return From NBIM

Norway Norway — The Norwegian Government Pension Fund Global returned 13.7 percent, or EUR 107 billion, in 2017.
The new headquarter of Polestar.

Construction to Start of New Headquarter

Sweden Sweden — Polestar has started the construction of a new headquarter building located in Torslanda, Gothenburg, on the same campus as the main Volvo Cars head offices and factory.
Svein Erik Lilleland.

New CEO at Blackstone-owned D Carnegie

Sweden Sweden — The former CEO Ulf Nilsson left D Carnegie in September of 2017. After a months as acting CEO, Norwegian Svein Erik Lilleland has now taken the CEO position full time. He tells Nordic Property News of the new role and his collaboration with Blackstone.
The arena.

They Will Create Norway’s First Velodrome Arena

Norway Norway — Consto will construct Norway’s first indoor velodrome arena. The project amounts to EUR 22M.

Stena Constructs 550 Apartments in Gothenburg

Sweden Sweden — Stena Fastigheter will construct 550 new apartments, a new grocery store, preschool, senior home, restaurants and venues adjacent to Högsbohöjd in Gothenburg.
Ronan Vaspart.

"Sweden is a Key Country for Mipim"

Nordic — When Mipim opens on March 13 it does so with a new Director. Ronan Vaspart tells Nordic Property News of the Nordic presence at Mipim, his personal highlights in this year's program and how he wishes to put his mark on the fair.

Invesco and Scius Acquires Retail Property in Helsingborg

Sweden Sweden — Invesco Real Estate, together with its Nordic partner Scius Partners, acquires a 10,000 sqm retail property in Helsingborg from Grosvenor Europe.

Riksbyggen Purchases Agenta

Sweden Sweden — Riksbyggen acquires Agenta Förvaltning and expands their already extensive business within real estate management.
Karl Samuelsson.

Big Step for Groundbreaking Swedish Technology

Sweden Sweden — Jernhusen expands their cooperation with Bumbee Labs and installs flow measurement technology in all of Stockholm's central station. Bumbee Labs' CEO Karl Samuelsson tells Nordic Property News about the deal, the technology's significance for cities and real estate owners of the future and the company's plans for a European expansion.
Anders Kvist.

Leaves Listed Kungsleden to Change the Financial System

Sweden Sweden — After six years at Kungsleden, CFO and Vice President, Anders Kvist leaves the company this summer to take a new position with the Swedish Financial Supervisory Authority. Anders Kvist tells Nordic Property News how he wants to change the financial system.

The Largest Swedish Residential Transactions

Sweden Sweden — Nordic Property News completes the breakdown of Swedish residential buyers and sellers with a list of the ten largest residential transactions in 2017/2018.

Another Record Year for Property Transactions in Finland

Finland Finland — Finland’s real estate investment market remained exceptionally active until the end of 2017. As a result, a record-high transaction volume was achieved for the second year in a row. This time, the new record came to around EUR 10 billion, which was driven by a few major deals and strong demand by international investors. This according to the Catella Market Indicator.

NCC Acquires Danish Construction Company

Denmark Denmark — NCC is to acquire the construction company Jakobsen & Blindkilde and will thereby gain a substantially stronger foothold primarily in Jutland but also in the rest of Denmark.

Sagax Purchases in Helsinki

Finland Finland — Sagax has purchased a property in Esbo, west of Central Helsinki. The total cost amounts to EUR 9M.