Sweden — The board of Fastighets AB Balder has taken a directional decision to propose a distribution of the company’s entire holding of shares in Norion Bank as a dividend to Balder’s shareholders.

Nordic — Real estate company Castellum has purchased an additional 70,964 shares in Norwegian real estate company Entra.

Nordic — Castellum has acquired 100 shares in Entra at a price of NOK 110.40 per share. Following the acquisition, Castellum holds 60,710,724 shares in Entra, representing approximately 33.333355 per cent of the outstanding shares and votes in the company, triggering a mandatory offer obligation.

Sweden — Today, 30 December 2024, Fastighets AB Balder signed an agreement to acquire both the business area Doxa Fastigheter and apartments. The total property value of the transaction is approximately SEK 3.8 billion, around EUR 0.33 billion.

Sweden — As of 21 November, Fastighets AB Balder has divested the site leasehold right Göta Ark 18 at Medborgarplatsen in Stockholm to AMF Fastigheter. The transaction is based on a site leasehold right value of SEK 1 billion (EUR 86 million) and AMF Fastigheter will take possession in the beginning of January.

Sweden — Balder has acquired properties valued at SEK 5.2 billion (EUR 474 million) from its joint venture Fastighets AB Centur as of 1 November 2024. At the same time, Fastighets AB Centur divests properties valued at SEK 2.1 billion (EUR 191 million) to Peab.

Nordic — Property company Balder's rental income amounted to EUR 275 million in the second quarter of 2024. The average in Infront's compilation of nine analysts' estimates was EUR 274 million.

Sweden — Realy Bostad is carrying out acquisitions in Goco in Mölndal with the ambition to start building 181 homes already this autumn. The seller is Trenum, which is owned by Balder and AP3.

Sweden — The nomination committee of Fastighets AB Balder has completed its work ahead of the Annual General Meeting on 3 May 2024. The nomination committee proposes that Sten Dunér be elected as new Chairman of the Board and that Carin Kindbom be elected as new Board member. The nomination committee proposes that current Board members Fredrik Svensson, Anders Wennergren and Erik Selin be re-elected.

Sweden — Kvalitena has relinquished 49.9 percent of the shares in Hedvig Eleonora Holding AB, the company that owns four properties on Östermalm in Stockholm's inner city of approximately 11,000 square meters. The buyer is Tulia AB, which is owned by Balder and André Åkerlund AB.

Sweden — Balder and Serneke have completed the sale of building rights in Karlastaden, Gothenburg, to Förvaltnings AB Framtiden.

Sweden — Balder buys a hotel building in Karlatornet and sells building rights in Barkarby to Serneke.

Sweden — Serneke and Balder sell approximately 151,000 square meters of building rights in Karlastaden to Gothenburg's public property group AB Framtiden. The deal consists partly of two blocks that are transferred to 100 percent, and partly of four blocks that are transferred to 74 percent, with Serneke and Balder as continuing co-owners of 26 percent. The purchase price amounts to approximately SEK 1 billion and also includes a unilateral option to buy back the building rights in the four part-owned blocks no later than September 2027. The deal is expected to have a neutral profit effect for Doxa.

Sweden — The Chair of Fastighets AB Balders’ Board of Directors, Christina Rogestam, has informed the Nomination Committee that she is not available for re-election at the upcoming Annual General Meeting.