Skanska is reconstructing the Stockholm landmark Slussen.

New Target Cost for Skanska's Reconstruction of Slussen in Stockholm

Sweden Sweden — Skanska and the Development Office, City of Stockholm, have agreed on a new target cost for remaining and additional work on the reconstruction of Slussen, Stockholm, Sweden. The new target cost generates an order booking of about SEK 1.5 billion, which will be included in the order bookings for Skanska Sweden for the second quarter 2021.
Mikael Söderlundh.

”We Could Have a Transaction Volume of EUR 45 billion in 2021”

Nordic — The Nordic markets continue to do well despite the Covid crisis still lingering in the world. The transaction volume is far beyond what it was at this point last year and it could reach EUR 45 billion, according to Pangea Property Partners’ Head of Research Mikael Söderlundh.
The lettable areas in the Nordic property companies.

The Largest Lettable Areas in the Nordic Companies

Nordic — Nordic Property News presents the number of properties and the total lettable area in the real estate companies on the stock exchange, according to the Q1 figures.
Patrik Emanuelsson, CEO of Heba.

Heba Divests to Arbetarebostadsfonden

Sweden Sweden — Heba has today signed an agreement on the divestment of Isdubben 1 and Störtloppet 2 in Västertorp, as well as of Reversen 2 in Hägersten. The buyer is Arbetarebostadsfonden. The transaction will be carried out as a company transaction with planned access on September 1, 2021.
Patrik Kallenvret.

"The Market Is Very Strong"

Nordic — In CBRE's reshaping towards becoming more Nordic, Patrik Kallenvret is stepping into the role of Head of Capital Markets Nordics. He tells Nordic Property News about his new position, which segments are the hottest in the Nordic region and where there might be an upswing in transactions.

YIT Appoints EVP

Finland Finland — YIT has appointed Pasi Tolppanen as the Executive Vice President of Infrastructure segment and a member of the Group Management Team. He shall take over his position latest at the beginning of September 2021.
Jacob Karlsson, CEO of K-Fastigheter.

K-Fastigheter Buys Shares in Civil Works Company

Sweden Sweden — K-Fastigheter has signed an agreement to become a half-owner of the civil works company PVS Mark & Va. The acquisition will strengthen K-Fastigheter’s operations in project development and construction.
Patrik Kallenvret.

Patrik Kallenvret Takes Up New Position at CBRE

Nordic — CBRE has today announced the appointment of Patrik Kallenvret as Managing Director - Head of Capital Markets, Nordics.
The Johanna site.

Hufvudstaden and NCC to Develop City Block in Gothenburg

Sweden Sweden — A major development project is now being initiated, in the so-called "Johanna site", during which the block will undergo careful remodelling and new construction, while buildings of cultural and historical interest will be preserved.
Here are the Nordic top sellers in Q1.

Here Are the Nordic Top Sellers in Q1

Nordic — Nordic Property News presents a list of the largest sellers among in the first quarter of 2021 among the listed Nordic real estate companies.
Mogens Møller, CEO of Prime Office.

After the Danish Entry: Where Prime Office Is Looking for the Next Investment

Denmark Denmark — Prime Office is now entering the property market in its own country. CEO Mogens Møller tells Nordic Property News about the reasons behind the Aarhus project, whether the pandemic has affected the decision to grow in Denmark, and future investment targets.
Risto Aro, Partner and Director Real Estate Investments at Trevian.

The Keys for a Perfect Timing in Divestments

Finland Finland — Risto Aro, Partner and Director Real Estate Investments at Trevian, on the timing of the recent execution of assets, the great interest in grocery properties, and where Trevian is looking for investments, going forward.
The Nordic top buyers during Q1.

They Are the First Quarter’s Top Buyers

Nordic — Nordic Property News presents how much the listed Nordic real estate companies have acquired the first three months of 2021.
Markku Moilanen.

After the Dismissal of the Predecessor: Here Is the Main Focus for YIT’s New CEO

Finland Finland — YIT’s President and CEO Markku Moilanen, tells Nordic Property News on the first weeks in the powerful position, what he will change in the Finnish construction giant, and the recruitment of real estate profile Ilkka Tomperi,

Annehem Acquires Logistics Property from Peab

Sweden Sweden — Peab has today signed a contract for the sales of a logistics facility in Almnäs in Södertälje that Peab intends to build. The purchaser is Annehem Fastigheter and the underlying value of the property is SEK 96.5 million.
Erik Selin, CEO of Balder.

The Future Development of Balder's Project Portfolio

Nordic — Balder has a very strong project pipeline. With developments being made both to keep under own management and to sell, CEO Erik Selin comments on the future development of the project portfolio.
Mia Rolf.

Wihlborgs Strengthens Group Management

Sweden Sweden — Mia Rolf, currently the CEO of Ideon Science Park, will become Wihlborgs’ new Director of Marketing and Corporate Communications and join the company's Group Management.
NRK acquires new HQ from Ferd and Axer.

NRK Picks Spot for New HQ

Norway Norway — NRK acquires plot to build new headquarters in Oslo from Ferd Eiendom and Axer Eiendom for MNOK 800.
Balder and Serneke will develop approx. 200 apartments in Umeå.

Balder and Serneke in Joint Residential Project in Northern Sweden

Sweden Sweden — Together, Balder and Serneke will develop approx. 200 apartments in Umeå. The recently awarded land allocation is the starting shot for Balder’s establishment in the city and provides an opportunity for Serneke to boost its presence in Norrland’s largest growth area.
Nordic Property News presents the listed property companies' rental income for the first quarter of 2021.

They Increased Their Rental Income the Most in Q1

Nordic — Nordic Property News presents the Nordic listed property companies' rental income for the first three months of 2021.
Thomas Sipos, CEO of Revelop, and Anders Sylvén, CFO.

Profi Closes Fund and Changes Its Name to Revelop

Sweden Sweden — Profi Fastigheter has recently had final closing for its fifth value-add real estate fund at just over SEK 2.1 billion - the largest fund in its category specifically aimed at investments in Swedish properties in seven years. At the same time, the company changes its name to Revelop to clarify its strategy of repositioning and redeveloping commercial real estate with a distinct sustainable framework and impact concept.
Jacob Sandberg Gjems-Onstad in front of Logicenters' latest acquisition in the Oslo region. The image is a montage.

These Are the Most Attractive Logistics Locations in Norway

Norway Norway — Logicenters has high ambitions for the Nordic market and has appointed Jacob Sandberg Gjems-Onstad to strengthen growth and meet the high demand for proprietary products and build-to-suit solutions. He tells Nordic Property News about his new role, the most attractive logistics locations in Norway and the development of the interest in the Norwegian logistics going forward.

NCC Divests Road Services Denmark

Denmark Denmark — NCC divests Road Services Denmark to the German based holding company Mutares (Frankfurt Stock Exchange: MUX). The transaction is expected to have a marginal positive effect on NCC earnings and cash flow in connection with closing, expected in the second quarter.
Jani Nieminen, CEO of Kojamo.

“We Have Seen Quite Aggressive Yields”

Finland Finland — Kojamo’s CEO Jani Nieminen on the Q1 results, how the international players are affecting the Finnish transaction market, and the still ongoing impact of Covid-19 on the residential market.
Erik Selin, CEO of Balder.

Balder Makes Swedish Acqusitions

Sweden Sweden — Balder adds two new properties to their portfolio.