Peab.

Peab Acquires Majority Stake in Norwegian Company

Norway Norway — Peab has signed a contract to acquire 90.4 percent of the shares in Arne Olav Lund A/S (AOL) based in Larvik. This acquisition reinforces Peab’s civil engineering business in Norway.
Nordic Property News presents the largest investments from the listed companies in the Nordics.

... and They Invested the Most in Their Own Portfolios

Nordic — Nordic Property News presents the largest investments from the listed companies in their own portfolios in the Nordics during the first two quarters 2022.
Heimstaden expands partnership with Allianz.

Allianz and Heimstaden Bostad Expand Partnership

Nordic — Allianz Real Estate, on behalf of Allianz companies, and Heimstaden Bostad inject EUR 650 million in new equity in their existing Swedish joint venture, using the proceeds to repay debt. Simultaneously, Allianz and Heimstaden Bostad form a new joint venture comprising Allianz’s German residential real estate portfolio.
Hannes Malm.

Newly Launched Up-and-comer Searching for More Acquisitions

Sweden Sweden — Realy Bostad is a new Swedish property developer and landlord that will build sustainable rental housing. The focus is on offering good service and smart digital housing solutions. Hannes Malm, COO of Realy Bostad, tells Nordic Property News about the company's ambitions and where they are looking for new investments.
Roger Akelius and Rutger Arnhult.

The Board of Directors of Castellum Proposes That Dividends Are Paused

Sweden Sweden — Recently, Roger Akelius, the founder of Castellum's largest owner Akelius, called for Castellum to cancel dividends. Now, the Board does just that. The Board of Directors of Castellum observes that the bond market is still closed with no signs of recovery in the near future. In order to safeguard the company's credit rating, the Board of Directors has resolved to adopt a stricter financial policy and a savings program with a reduced investment scope for 2023 in order to strengthen the company's balance sheet. Furthermore, the Board of Directors will not propose that the upcoming Annual General Meeting resolves to pay any dividends.
The Nordic top buyers in 2022, so far.

So Far in 2022: The Nordic Top Buyers

Nordic — Nordic Property News presents how much the listed Nordic real estate companies have acquired the first three quarters of 2022.
Liia Nõu, CEO of Pandox.

Pandox Signs a New Lease Agreement with Citybox

Nordic — Pandox has signed a lease agreement with the Norwegian operator Citybox Hotels for the current NH Brussels Louise, which Pandox acquired earlier in 2022.
Per Nilsson, CEO of John Mattson.

John Mattson Divests Properties in Stockholm

Sweden Sweden — John Mattson has signed an agreement for the sale of the Barkassen 1 and Galeasen 2 properties in Lidingö, Stockholm. The price is based on a property value of SEK 262 million. The purchaser is Jan Fredegård, owner of Fastighets AB Senator.
Eva Landén, CEO of Corem.

Corem Signs LOI for Massive Sale

Sweden Sweden — Corem has signed a letter of intent to divest a property portfolio at an underlying property value of approximately SEK 5,350 million, which is in line with book values.
The asset.

Local Tapiola Acquires Public Use Property for EUR 63.5 Million

Finland Finland — City of Kirkkonummi sells a public use property to LocalTapiola Group for EUR 63.5 million.
The Nordic real estate companies’ dividend yields.

Updated Figures: They Provide the Highest Dividend Yields on the Stock Exchange

Nordic — Nordic Property News presents which of the listed Nordic construction and real estate companies that have the best yields. Here is the complete list.

Here Is the New Ownership Picture in Serneke

Sweden Sweden — With the conversion of A shares to B shares, the strength among the shareholders has changed at the top.
The new police station at Exportgatan.

Castellum to Create New Police Station in Gothenburg

Sweden Sweden — The construction of Hisingen’s new police station on Exportgatan has now begun. Castellum is creating purpose-built premises on the site where the old printing office for the Swedish daily Göteborgs-Posten once stood.
Ylva Sarby Westman.

Ylva Sarby Westman Signs on as CEO – Here Are the Plans for SBB's New Residential Company

Sweden Sweden — Ylva Sarby Westman steps back into the industry as the new CEO of SBB's subsidiary Amasten – which will change its name before the spring IPO. Ylva Sarby Westman tells Nordic Property News about what attracted her to the new role, how the new residential company will be designed and how to assert herself on the housing market in economically vulnerable times.
Citycon makes lease agreements in different shopping centres.

Citycon Signs Four Leases with LPP

Finland Finland — Citycon has signed four lease agreements with LPP – new fashion stores to open in three centres.
Smelteverket 1.

Veidekke Builds Residential Units in Trondheim Area

Norway Norway — Veidekke has signed a contract with Lilleby Eiendom AS to build Smelteverket 1, an eco-certified apartment building across five storeys with 41 units and underground parking. The contract is a design and build contract valued at approx. NOK 130 million excluding VAT.

Heavyhitter on the Verge of a Real Estate Comeback

Sweden Sweden — Ex-CEO about to step back into the real estate game after an extended break.
Thomas Jonasson.

"The Flexibility That Coworking Offers Is a Positive Aspect in Uncertain Times"

Sweden Sweden — Revelop expands its coworking concept and opens its first C/O facility outside of Stockholm. Thomas Jonasson, Head of Strategic Leasing & Concepts, tells Nordic Property News about the Gothenburg expansion, the plan to open new centers outside of Stockholm and shares his view of the future of coworking.
Stockholm.

Here Are the Most Expensive Properties in Sweden's Major Cities

Sweden Sweden — Nordic Property News lists the 20 properties in Stockholm, Gothenburg and Malmö with the highest assessed value.

Conversion of All Series A Shares to Series B Shares in Serneke

Sweden Sweden — Serneke Group AB has received a request from the series A shareholders to convert all shares of series A in Serneke to series B shares, in accordance with the conversion clause in Serneke's articles of association.
Hotel Diplomat.

Anders Bodin Fastigheter Buys Hotel Diplomat in Stockholm

Sweden Sweden — Anders Bodin Fastigheter buys the property Klippan 10 in Stockholm, better known as Hotel Diplomat at Strandvägen 7C. The seller is the Malmström family through a company.
Ylva Sarby Westman.

Ylva Sarby Westman Appointed CEO of SBB’s Subsidiary Amasten

Sweden Sweden — The Board of Samhällsbyggnadsbolaget i Norden’s subsidiary, Amasten Fastighets AB, has appointed Ylva Sarby Westman as CEO and she takes up her position effective immediately.

Veritas Recruits from Castellum

Finland Finland — The insurance company strengthens its real estate operation with a senior recruitment from Castellum.
Erik Selin, CEO of Balder.

Transaction Between Balder and Circle K

Sweden Sweden — Property transaction between Balder and Circle K enables 1,000 new homes and the opportunity for Circle K to test new ideas in central Kungsbacka.
Heidi Wik.

Strong Interest for Real Estate Investments in Northern Sweden

Sweden Sweden — The desire to invest in real estate in Northern Sweden is strong, according to Tessin's latest real estate investor panel. CEO Heidi Wik tells Nordic Property News about why interest in Northern Sweden is increasing, how it will develop and what investors are most interested in.