Vision of the Kristinelund project in Malmö.

German Property Investor Enter the Nordics – Acquires Malmö Project

Sweden Sweden — The German company CapRate is establishing itself in the Nordic region through an acquisition. The total investment amounts to between SEK 700 and 800 million and involves an extension with five floors of housing on the existing property.
Anders Danielsson, CEO of Skanska.

Skanska in USD 669 Million Sale in USA

Sweden Sweden — Skanska divests a 95 percent interest in the 2+U office property in Seattle, Washington, USA, for approximately USD 669M, about SEK 5.5 billion, to South Korean financial group Hana Alternative Asset Management, alongside Hana Financial Group. The transaction will be recorded by Skanska USA Commercial Development in the fourth quarter 2020. Hana will immediately begin operations of the 2+U development.
Castellum's CEO Henrik Saxborn.

Castellum Doesn't Give Up on Entra: ”Together We Can Create Something Amazing”

Norway Norway — Castellum's CEO Henrik Saxborn on the revised offer to acquire the majority of the shares in the Norwegian heavyweight Entra, and the recent blockbuster divestment to the Blackstone subsidiary.
One of the logistics areas owned by NRP and Partner Axel Wroll-Evensen.

Another NRP Fund Oversubscribed: “The Interest Exceeded Our Expectations”

Nordic — Axel Wroll-Evensen, Partner and Head of Business Development at NRP, tells Nordic Property News on the success with the X fund, challenges and obstacles during 2020, and the hottest segments in the Nordics at the moment.
Heimstaden in another residential acquisition.

Magnolia Bostad Sells 346 Residential Units to Heimstaden

Sweden Sweden — Magnolia Bostad is selling 346 residential units in Handen, Haninge Municipality to Heimstaden Bostad. The estimated property value upon completion will be around SEK 850 million.
The preference shares with the
highest yields on the stock exchange.

These Are the Nordic Preference Shares with the Highest Dividend Yields

Nordic — Nordic Property News has listed the Nordic real estate companies’ preferred stocks. Which stock provides the highest yield and which stock has had the best development during 2020?
The 18,378 sqm operational asset, acquired by Barings, is 100% let on a newly signed 10-year lease to Onninen AB.

Barings Acquires Prime Logistics Asset in Örebro

Sweden Sweden — Barings, one of the world’s largest diversified real estate investment managers, announces that it has agreed to acquire in an off-market transaction a fully let prime logistics asset in Pilängen, Örebro, Sweden from a joint venture between Swedish Kvalitena AB and Norwegian Ragde Eiendom AS.
The langhus property.

Logicenters Signs Lease Agreement Outside Oslo

Norway Norway — Scandinavia’s leading company within flow technology, GPA Flowsystem AS, has moved into Logicenters’ property in Langhus, just outside Oslo. The lease agreement is for a 5,350 sqm section of the logistics property company's facility.
Ångkvarnen and Mejeriet.

Atrium Ljungberg Buys Two Historic Properties in Uppsala

Sweden Sweden — Atrium Ljungberg has signed agreements to acquire two properties in the centre of Uppsala: Uppsala Kvarngärdet 33:2, also known as Mejeriet (the Dairy), and parts of Uppsala Kungsängen 22:2. Together these properties comprise almost 12,000 sq m and were acquired for a total of SEK 234 million.
Jonas Grandér, CEO of Nordika.

How Nordika Will Speed up the Finnish Expansion

Finland Finland — Jonas Grandér, CEO of Nordika, tells Nordic Property News about the recent divestment in Finland, pandemic effects for the company, and future growth targets.
Knut Holte.

SPG Acquires Attractive Oslo Plot: “We Believe in a Positive Price Development in Residential”

Norway Norway — Knut Holte, Managing Partner of SPG, on the acquisition in Oslo, his prediction of the residential prices back in February, and the outcome post the Corona outbreak.
Ilija Batljan.

SBB Acquires Two Community Service Properties from Wallenstam

Sweden Sweden — Samhällsbyggnadsbolaget i Norden acquires two centrally located community service properties let to school operators from Wallenstam for an agreed total property value of MSEK 380.
Antti Aarnio.

Antti Aarnio Appointed Sato's Acting President and CEO

Finland Finland — Sato's Board of Directors has appointed Antti Aarnio, 48, as the President and CEO of Sato, starting on December 18, 2020. Antti Aarnio acts as President and CEO until a permanent CEO is appointed. Aarnio also continues in his position as EVP, Rental Housing Business.
Henrik Saxborn, CEO of Castellum.

Castellum Increases Entra Offer – and Announces Major Sale to Blackstone

Sweden Sweden — On November 26, 2020, Castellum announced the intention to launch a share exchange and cash offer to eligible Entra's shareholders. Castellum now increases the consideration in the offer by 13.9% by offering each eligible Entra shareholder 8 newly issued Castellum shares for every 13 shares in Entra and NOK 54.39 in cash per share in Entra, representing a total value of NOK 1852 per Entra share excluding synergies.
Halvor Sand, Associate Director at Tristan Capital Partners.

Reasons Behind Tristan’s Divestment in Oslo

Norway Norway — Associate Director of Tristan Capital Partners, Halvor Sand: “The Nordics continues to be an important region for us.”

Pangea Property Partners: Nordic Property Markets Exceed EUR 40 Billion in 2020

Nordic — The Nordic property markets have recovered strongly from a dry second quarter and will reach EUR 41.5 billion in 2020, only 9 percent behind the record volume in 2019. A very active residential segment and several major deals in December are the main drivers, according to new figures from property advisor Pangea Property Partners.
The largest Nordic real estate companies on the stock exchange.

Updated List: The Largest Nordic Property Companies on the Stock Market

Nordic — Nordic Property News presents the current market capitalization among the Nordic real estate companies on the stock exchange.
YIT sells to OP.

YIT Sells Part of the Hybrid Block in Lahti to OP

Finland Finland — YIT has sold part of the hybrid block in the city centre of Lahti at Aleksanterinkatu 11 to the special fund managed by OP Real Estate Asset Management Ltd.
The future landmark tower of Gothenburg, and Ola Serneke, CEO of Serneke.

Ola Serneke on the Karlatornet Deal: ”A Day of Joy for Us”

Sweden Sweden — Ola Serneke, CEO of Serneke, on the importance of Balder’s entrance on the construction of the Nordics’ largest tower, Karlatornet, where they are right now in the construction process, and what the future might hold.
The Telegrafen building.

Tristan Capital Partners Divests Landmark Building in Oslo

Norway Norway — EPISO 4, an opportunity fund advised by Tristan Capital Partners, has announced the EUR 210 million sale of the landmark Telegrafen building in Oslo, Norway following an extensive renovation project. The 25,500 sq m building, situated in the Kvadraturen district of the Norwegian capital, has been sold to a syndicate by Arctic Securities in one of the largest single real estate transactions in Norway.
Stockholm skyline and Alexander Thams, Head of Nordics at Pictet Alternative Investors.

After the Data Centre Establishment: Pictet's Growth Plans in the Nordics

Nordic — Alexander Thams, Head of Nordic Real Estate at Pictet Alternative Advisors: “The Nordics is a key focus market for our investment activities.”
Christian Fladeland, co-CIO of Heimstaden.

How Heimstaden Finalized the All-Time High Residential Deal

Denmark Denmark — Christian Fladeland, co-CIO of Heimstaden, tells Nordic Property News about the acquisition of HD Ejendomme from Niam for about EUR 1.63 billion, the background of the massive investment, and future growth in Denmark.
Ilija Batljan, CEO of SBB Norden.

SBB Acquires 54.3 percent of the Shares and Votes in Offentliga Hus

Sweden Sweden — SBB acquires 54.3 of the shares and votes in Offentliga Hus from Fastator. The total purchase price for all shares in the transaction amounts to SEK 2.139 billion.
Sverker Källgården, CEO of Cibus Nordic Real Estate.

Cibus Makes Swedish Acquisition

Sweden Sweden — Cibus Nordic real estate has signed and closed the acquisition of a property in Jönköping, Sweden for EUR 1.0 million.
The building is located in the border of the Kamppi and Etu-Töölö districts, in Helsinki.

KY Foundation Divests Landmark Property in Helsinki City Centre

Finland Finland — The Foundation for Business Students in Aalto University (KY Foundation) has sold an office property, which is known as the KY Building and located at Pohjoinen Rautatiekatu 21 in the Helsinki city center.