Noranda Lane.

Titania sells in Malibu for SEK 143 million

Sweden Sweden — Titania, via subsidiaries, has sold the company's property at 3605 Noranda lane, Malibu, 90265 CA in the USA for USD 14.1 million (equivalent to roughly SEK 143 million with an average exchange rate of SEK 10.16 per USD as of July 25, 2022). The property covers 20,315 square meters of land and is furnished with a single-family house of 501 square meters. The house is not completely finished, but the buyer takes over the property with the building in the existing stage of completion and pays the remaining costs for completion himself. The buyer is a private person. Access took place on July 25, 2022 (US time, Pacific Standard Time) and the purchase price has been paid in full.
TOP 4 Nordic
Blackrock is among the largest owners in several of the listed Nordic real estate companies.
Nordic Nordic —
The development of Blackrock’s ownership in listed Nordic companies
Christian Fredrixon, Kristina Sawjani and Henrik Brinck Landelius.
Nordic Nordic —
The hottest free agents in the industry
Nordic Nordic —
The largest owners in the listed companies
Tom Hagen, Deputy CEO at Prisma Properties.
Nordic Nordic —
Prisma Properties’ growth plans for 2026
Magnus Palm. The image is a montage.

Where the Swedish Fortifications Agency Sees New Investment Needs

Sweden Sweden — The Swedish Fortifications Agency has increased its property portfolio through a couple of substantial acquisitions. After the three major purchases in Stockholm, Magnus Palm, Property Director at the Swedish Fortifications Agency, tells Nordic Property News about the investments, the impact of the current sitaution in the world, new acquisition opportunities and where expansion they see needs for expansion.
Johan Danielsson

The Swedish Government Appoints an Investigation to Counter Residential Segregation

Sweden Sweden — The Swedish government has appointed a special investigator who is tasked with developing tools and methods in community planning to reduce and counteract segregation. The purpose of the investigation is to develop proposals that contribute to reducing residential segregation and promote equal upbringing and living conditions and good life chances for everyone.
Nils Styf, CEO, Hemsö.

Stable first half of the year for Hemsö

Sweden Sweden — Hemsö presents a stable report for the first half of the year, despite the uncertain global situation.
YIT makes new senior hire.

YIT Launches Several Residential Construction Projects

Finland Finland — YIT has started several residential apartment building projects in Finland and CEE countries in April-June 2022.
Ilija Batljan, CEO of SBB Norden.

Why it Is Important for SBB to Keep the High Divestment Rate

Nordic — Despite the divestments: SBB's loan-to-value ratio increased in the second quarter. Ilija Batljan, CEO, explains why, and how the strategy work going forward is affected by the increased inflation and interest rates.
Peter Wallin.

More Units Recognised with Higher Margins for Bonava

Nordic — Bonava improves gross margin and increases profit before tax.
Tor Borg.

Changed Prospects for Nordic Office Markets

Nordic — Tor Borg, Chief Analyst of CityMark Analys and Byggfakta Sweden, analyses the office market situation in the Nordics.
BlackRock sells shares.

BlackRock Sells Off Large Portion of its Shares in Swedish Heavyweight

Sweden Sweden — BlackRock sells one third of its shares in prolific Swedish listed real estate company.
Anders Danielsson, CEO of Skanska.

Skanska Increases Revenue

Sweden Sweden — Skanska increased revenue – adjusted for currency effects – by 18 percent during Q2.
Diös makes Sundsvall acquisition.

Diös Acquires Historic Property in Sundsvall

Sweden Sweden — Diös strengthens its position in Sundsvall and acquires a property containing hotel and residentials in the city center. The property value amounts to SEK 177 million and the seller is Moströms Fastighet AB. Transfer of ownership will take place on 15th September 2022.
David Mindus, CEO of Sagax.

Sagax Makes New Large Company Investment – Reaches 20 Percent

Sweden Sweden — David Mindus' company continues to charge significantly – has increased its ownership by almost six percent during Q2.
Niklas Zuckerman, CEO of Logistea, and Anders Nordvall, Deputy CEO & Head of Transactions of Logistea.

Logistea Buys in Kumla

Sweden Sweden — Logistea has acquired two properties in Kumla. The properties have an underlying property value of SEK 79.4 million and a lettable area of approximately 10,200 square meters. Annual rental income amounts to SEK 5.61 million with a remaining lease duration of twelve years.
Erik Selin, CEO of Balder.

Balder Makes New Acquisitions in Hot Segment

Nordic — The Swedish giant expands the portfolio.
The property Elefanten 40 in Malmö.

Wihlborgs Signs New Lease in Malmö

Sweden Sweden — Wihlborgs letts 900 sqm in central Malmö.
Tomas Carlsson, CEO of NCC.

"We See Higher Risks than Previously"

Nordic — NCC Increases sales in a more uncertain market.
Sonja Horn, CEO at Entra.

The Major Investment Challenges Ahead for Entra

Norway Norway — CEO Sonja Horn: “We haven’t seen the effects of the increased construction costs yet.”
Ilija Batljan, CEO of SBB Norden.

SBB Makes Large Divestment to Northern Horizon

Sweden Sweden — SBB sells elderly care homes and project property at an agreed property value upon completion of SEK 1,382 million to Northern Horizon.
Stendörren acquires three industrial properties in the Helsinki Metropolitan Area.

Stendörren Enters Finland

Finland Finland — Stendörren makes first acquisition on the Finnish market.
Östersund.

Klarabo Makes Record-Breaking Acquisition from Niam

Sweden Sweden — Klarabo has signed an agreement to acquire a housing portfolio from Niam in Östersund with a total of 877 rental apartments. The acquisition was completed at an underlying property value of SEK 890 million and is Klarabo’s single largest acquisition as a listed company.

NCC Links Sustainability Targets to Existing Credit Facility

Sweden Sweden — NCC has signed an agreement to link its sustainability targets to an existing revolving credit facility of EUR 280 million, which was entered into in December 2021.
Mikael Söderlundh.

“The Nordic Transaction Market Has Been Surprisingly Strong”

Nordic — Mikael Söderlundh, Head of Research at Pangea Property Partners sums up the first six transaction months in the Nordics.
David Mindus, CEO of Sagax.

Sagax Acquires in Finland – and Five Other Countries

Finland Finland — Sagax has through six separate transactions acquired 18 properties for the equivalent of SEK 623 million. The properties comprise a lettable area of 66,900 square metres, mainly consisting of premises for warehousing and light industrial purposes.

Mandatum AM Divests Logistics Portfolio to Partners Group

Finland Finland — Partners Group, a leading global private markets firm, has, on behalf of its clients, agreed to acquire an off-market portfolio of last mile logistics properties in Finland from Mandatum Asset Management, the asset management arm of Finnish insurance company Sampo Group.
Stockholm.

H1 2022: The Largest Swedish Transactions

Sweden Sweden — Nordic Property News presents the five largest transactions on the Swedish property market, during the first six months of 2022.