Susann Linde.

Wallenstam's Reason for Converting Condos to Rental Units

Sweden Sweden — Wallenstam’s conversion from condominiums to rental units in Solberga earlier this fall marked the beginning of the media debate regarding the chilly situation on the residential market. The company has now converted another three projects – and Wallenstam’s CFO Susann Linde explains the reason behind the change, including the Gothenburg area, to Nordic Property News.
Ulrich Steinmetz.

German Giant Looking for More Nordic Investments

Nordic — In early December Deutsche Asset Management really made their mark in Finland by acquiring the former Nokia Headquarters in Espoo, in metropolitan Helsinki. Ulrich Steinmetz, portfolio manager, Deutsche Asset Management’s open-ended real estate funds, tells Nordic Property News about German Giant’s Nordic plans.
If's office in Turku.

If Extends Lease in Turku

Finland Finland — Insurance company If and Nordisk Renting continue their cooperation regarding the If regional head office in Kupittaa, Turku.
Oslo Areal Purchases in Sandvika.

Oslo Areal Purchases in Sandvika

Norway Norway — Oslo Areal has purchased the Vestfjordgaten property in Sandvika from Norconsult Holding, who at the same time signed a long-term lease.

After New Major Investment – This is Eurocommercial’s Expansion Plan

Sweden Sweden — Eurocommercial continues to reorganize their retail portfolio. After the major acquisition in Gävle the company’s Property Director Sweden shares how they handle the challenges of retail, why they are not present in the largest cities and how they wish to expand in the future.

Thon’s New Plan for Töcksfors

Nordic — Thon Property’s CEO Hallgeir Åndal on the future for Töcksfors shopping center, the significance of the border retail and why they are not looking for investments further north along the Swedish–Norwegian border.
Tomas Carlsson.

Tomas Carlsson Named New President and CEO of NCC

Nordic — Swedish major player NCC has appointed Peter Wågström's successor. The new CEO tells Nordic Property News about his comeback at the company and the potential of NCC.

Hemfosa Leases 20,000 sqm in Gothenburg

Sweden Sweden — Hemfosa has signed a new agreement for previously vacant floor space of approximately 20,000 square meters in the Arendal 1:17 logistic property next to the Port of Gothenburg.

ÅF Purchases Gottlieb Paludan Architects

Nordic — ÅF purchases Danish Gottlieb Paludan Architects, with 90 employees and a turnover of EUR 14M.

Corum AM Buys Retail Asset in Lahti

Finland Finland — Corum Am has acquired the old bus station at Jalkarannantie 1 in central Lahti that is undergoing a retail conversion.

Magnolia Divests 430 Apartments in Hyllie

Sweden Sweden — Magnolia Bostad divests a project encompassing the Valhall 1 property located in Hyllie, Malmö. The deal encompasses the erection of approximately 430 rental units and a larger grocery store.

NCC Starts Construction and Divests in Århus

Denmark Denmark — NCC and the pension company Pension Danmark have signed a divestment deal regarding an office property and a hotel property that NCC will construct and erect in Århus.
Smedvig buys three properties.

Smedvig Purchases in Stavanger

Norway Norway — Smedvig Eiendom has purchased three properties on Åsen in Stavanger.
Jakob Paljak and Jacob Goldmann.

Fresh Faces to Strengthen Round Hill Capital's Nordic Team

Nordic — Round Hill Capital’s Nordic Logistics and Industrial Portfolio has strongly outperformed expectations. To strengthen and repositioning the portfolio Round Hill adds two local players to their team.

Japanese-owned Kverneland Group Acquires Øksnevad Eiendom

Norway Norway — Kverneland Group, owned by Japanese Kubota Group, is further investing in the future of the Plough factory in Norway buying the local Property Company Øksnevad Eiendom AS, who owns the land and the buildings. The purchase price is based on a property value of EUR 40M.
Kanavaranta 3-7.

Triuva Gets Back in the Finnish Game

Finland Finland — For the first time in years German Triuva invests in Finland. Jörg Laue, Director of Investment Management, tells Nordic Property News of the key acquisition and the reason for the company's absence from Finnish transactions.

Pension Danmark Purchases in Herning

Denmark Denmark — Pension Danmark completes their first real estate investment in Herning.
Lars Johnsson.

Folksam Sees Great Potential in Gothenburg

Sweden Sweden — After a major deal with Stena Fastigheter, Folksam is starting to pick up speed in Gothenburg. Lars Johnsson, Manager of Folksam Group's real estate division, tells Nordic Property News of the company's future plans for Gothenburg, the city’s attraction and why they look for off market deals.

Kenneth Nilsson Appointed new Head of Business Area NCC Infrastructure

Sweden Sweden — Kenneth Nilsson has been appointed new Head of Business Area NCC Infrastructure and will become a member of the Executive Management Team. Kenneth Nilsson joins NCC from Skanska, where he most recently served as the head of Skanska Civil East in the US.

Patrizia Acquires Copenhagen’s Marble City

Denmark Denmark — Patrizia Immobilien AG announces the acquisition of the 259 apartments of the ‘Marble City’ residential area in Copenhagen from the pension fund PenSam and the public company City & Harbour. The acquisition, which comprises twelve separate properties, was made on behalf of three Patrizia funds.  
Tapetfabriken.

Petter Stordalen to Open New Hotel in Stockholm

Sweden Sweden — Atrium Ljungberg has concluded an agreement with Petter Stordalen's Nordic Choice Hotels for opening a Clarion Collection Hotel in Sickla, Nacka. The hotel will open in the spring of 2020 in the building where Kåbergs started manufacturing wallpaper more than one hundred years ago.
Ludvig Find.

ELF's CEO on Aberdeen Sale and the Growing Interest for Secondary Danish Cities

Denmark Denmark — ELF Development CEO Ludvig Find on the Aalborg sale, coming projects and the appeal of secondary Danish cities.

Winner and Losers on the Stock Market

Sweden Sweden — It was the best of times, it was the worst of times for the listed real estate and construction companies in 2017. Nordic Property News can now present the list of the winners and losers on the Swedish stock exchange this past year.

Swedish Giant Makes First Retail Investment

Sweden Sweden — Balder has made their first large retail property ever by paying close to MSEK 795 (EUR 81M) for 421 in Gothenburg. Erik Selin tells Nordic Property News more about the fast deal – and open up for more purchases in the new segment.

YIT Builds in Tampere

Finland Finland — YIT to construct rental apartments worth approximately EUR 50 million in the capital region and in Tampere.