ARTICLES TAGGED WITH "Bonava"

Bonava Acquires Building Rights from Ikano Bostad

Sweden Sweden — Bonava has signed an agreement to acquire 29 building rights for single-family housing in Ältadalen, Nacka, Stockholm, from Ikano Bostad.

Why Denmark Is Not of Expansion Interest for Bonava

Denmark Denmark — Bonava’s Peter Wallin on his first months as CEO, and the decision to wind down the Danish operations: “Plenty of time and space to grow in Denmark, but…”

Bonava Winds Down Danish Operations

Denmark Denmark — Bonava has decided to wind down its operations in Copenhagen and exit the Danish market in order to increase efficiency and profitability in the Group.

Bonava Sells to K2A

Sweden Sweden — Bonava Sells 83 Rental Apartments in Umeå to K2A.

Bonava Sells 72 Rental Apartments in Helsinki

Finland Finland — Bonava is selling two rental housing projects comprising a total of 72 rental apartments just west of Helsinki to the investor Taaleri Vuokrakoti Ky Fond. The housing units are expected to be handed over to the customer and recognised in profit in the second and third quarters of 2022.

Bonava Sells 138 Rental Apartments in Helsinki

Finland Finland — Bonava is selling 138 rental apartments in Helsinki, Finland to the investor Icecapital Housing Fund VI Ky. The housing units are expected to be handed over to the customer and recognised in profit in the second quarter of 2023.

Bonava Sells 110 Rental Apartments in Helsinki

Finland Finland — Bonava is selling 110 rental apartments to the investor Icecapital Housing Fund V in Helsinki. The housing units are expected to be handed over to the customer and recognised in profit in the fourth quarter of 2022.

Bonava Appoints New Business Unit President in Finland

Finland Finland — Riku Patokoski has been appointed the new Business Unit President of Bonava Finland and member of Bonava’s Executive Management and will take office not later than 1 June 2021.

Peter Wallin Appointed New CEO of Bonava

Nordic — The board of Bonava has appointed Peter Wallin as the new President and CEO. Peter Wallin will take up his position no later than 1 February 2021 and will succeed Joachim Hallengren.

Bonava Sells 131 Rental Apartments in Turku

Finland Finland — In two separate transactions, Bonava has sold a total of 131 rental apartments to the real estate fund of the investment company eQ in Turku. The two projects are expected to be handed over to the customer and recognised in profit in the fourth quarter of 2021.

Bonava Sells 175 Rental Apartments in Umeå

Sweden Sweden — Bonava is selling 175 Nordic Swan ecolabelled rental apartments in Tomtebo Gård to the property company Lansa Fastigheter AB. Bonava previously announced that the partners had signed a declaration of intent, which resulted in this transaction and is conditional on the approval of investment support for rental apartments. The project is expected to be handed over to the customer and recognised in profit in 2023.

Different Market Challenges for Bonava

Nordic — Bonava’s CEO Joachim Hallengren on the Q3 results, how the countries differ, and what performance he is satisfied with.

Bonava's CEO to Step Down

Nordic — Joachim Hallengren will be leaving his position as President and CEO of Bonava AB. Hallengren will remain in his role during a transition period which will end at the latest when a successor takes office. The recruitment process for a new CEO will be initiated immediately.

Bonava Successfully Issues its Inaugural Green Bond

Nordic — Bonava has successfully issued its inaugural green senior unsecured bond with a volume of SEK 1 billion.

Bonava Sells 75 Rental Apartments in Turku

Finland Finland — Bonava is selling a rental project in Turku to the investor Icecapital Housing Fund V. The transaction encompasses 75 rental apartments in the new Kirstinpuisto residential area in Turku.

Bonava Sells 36 Rental Apartments in Bergen

Norway Norway — Bonava is selling 36 rental apartments in Bergen, Norway, to the property company Fondare. The project is expected to be recognised in profit and transferred to the customer in the fourth quarter of 2021.

Lars Granlöf Appointed New CFO of Bonava

Sweden Sweden — Lars Granlöf has been appointed new CFO of Bonava and will replace Ann-Sofi Danielsson, who has decided to retire.

Bonava Starts Production of 212 Rental Apartments in Sigtuna

Sweden Sweden — Bonava is starting the production of 212 rental apartments in Sigtuna. In the first quarter of 2020, an agreement was signed for the sale of the project, subject to a building permit, to Mästerbo Fastighets AB, a company jointly owned by Estea and CBRE Global Investors.

Hines Buys 121 Rental Apartments in Copenhagen from Bonava

Denmark Denmark — Bonava is selling 121 rental apartments in Østerbro, Copenhagen, to the real estate company Hines, who have acquired the asset on behalf of the Hines pan-European Core Fund (HECF).

Bonava Starts Production of Apartment Buildings in Uppsala

Sweden Sweden — Bonava is starting the production of 35 tenant-owner apartments in Ultuna, Uppsala. In total, Bonava is planning around 170 homes in several phases.

Bonava Becomes First Residential Developer to Receive Approval from Science Based Targets Initiative

Sweden Sweden — Bonava has become the first residential developer in Europe to receive formal approval from Science Based Targets initiative for the company's climate targets. Until 2030, Bonava will reduce the company's negative impact on the climate by 50 percent by adopting climate targets that conform to the IPCC's recommendation to limit global warming to 1.5 °C.

Bonava to Initiate Production of Housing Units in Umeå

Sweden Sweden — Bonava has initiated the production of 33 housing units in Umeå’s new city district, Tomtebo Gård. In total, Bonava is planning to build 350 homes, divided into several phases and comprising both rental and tenant-owner apartments. It is estimated that the first housing units will be handed over to customers in the second half of 2021.

CBRE GI and Estea Forms JV and Acquires from Bonava

Sweden Sweden — Bonava is selling 381 rental apartments in two projects to Mästerbo Fastighets AB, a company jointly owned by Estea and CBRE Global Investors. The sale is being conducted at an underlying property value of SEK 804 million, excluding deductions for deferred taxes.

Bonava’s CEO: ”The Main Headache Is Finland”

Nordic — Joachim Hallengren on the pan-Nordic residential development company’s challenges in the Nordic countries.

Why Bonava Will Restructure in Finland

Finland Finland — Louise Tjeder, Head of Investor Relations at Bonava, tells Nordic Property News about Bonava’s future Finnish plans.