ARTICLES TAGGED WITH "Balder"

Balder and AP3 in Cooperation with Bygg-Fast

Sweden Sweden — Balder and AP3’s joint company in property development has started a cooperation with Bygg-Fast.

Balder Acquires 49 percent of Sjaelsö Management

Denmark Denmark — Fastighet AB Balder has bought FIH’s share of 49 percent in Sjaelsö Management ApS. The remaining 51 percent is unchanged owned by Sjaelsö Management's CEO Flemming Joseph Jensen.

Balder and AP3 Creates Housing Company

Sweden Sweden — Balder and the Third National Swedish Pension Fund (AP3) creates a joint venture for investments in housing properties in Sweden. “We have to wait and see the magnitude of this” Balder’s CEO Erik Selin tells Nordic Property News.

Balder Acquires an Additional 22.9 Percent of the Outstanding Shares of Sato

Finland Finland — Balder, listed on Nasdaq Stockholm, has acquired an additional 22.9 percent of Sato, one of Finland´s largest residential property companies. Balder now owns 53,3 percent of Sato.

Balder and Backahill Become Owners of New Brinova

Sweden Sweden — Balder and Backahill creates the new company Brinova. The aim is set for listing the company in 2016.

Balder and Nobis Make a Joint Hotel Project

Denmark Denmark — Balder acquires the property where the Royal Danish Conservatory of Music used to operate at Niels Brocks Gade 1. The property will be converted into hotel and restaurant and will be operated by Nobis Hotel.

Balder Acquire Residential Project in Copenhagen

Denmark Denmark — Swedish listed property company Balder acquires a residential project from Skanska in Copenhagen for approx. €136M.

Balder Acquires Office Property Under Construction

Sweden Sweden — Balder acquires the office property Park 49 in Gothenburg from Skanska for MSEK 418 (€ 45 M).

Balder Acquires a Further 4.8 Percent in Sato

Finland Finland — Swedish listed property company Balder has agreed to acquire a further 4.8 percent in Sato Oyj where Balder already owns 22.8 percent of the shares for approximately EUR 45 million. Balder is, after the acquisition, the largest owner of Sato with a holding of 27.6 percent.

Balder Acquires 21 Percent of Sato

Finland Finland — Balder, listed on Nasdaq Stockholm, acquires 21 percent of Sato, a Finnish real estate company focused on residential properties.

Transaction volume in February: €1.2 billion

Nordic — The Nordic transaction market was moderate in February. 50 deals were made and the transaction volume reached €1.2 billion, according to Pangea Property Partner´s monthly report.