Peter Winther, CEO of Colliers International Denmark.

“There Is a Certain Risk of a Prolonged Recession”

Nordic — In times of uncertainty: How long will it take for the property market to normalize? Peter Winther, CEO of Colliers International Denmark, shares his thoughts on the major effects on the Nordic property market, due to the coronavirus outbreak.
Karlatornet.

Serneke's Sale of Karlatornet Is Being Postponed

Sweden Sweden — Completion of Serneke's sale of Karlatornet to Oaktree Capital Management, which was due to happen within days, is being postponed. The reason is the uncertain situation in the global financial market caused by the corona pandemic. Consequently, Serneke will minimalize all activities in the construction of the tallest house in the Nordic region.
Two of the assets are located in Denmark.

Cromwell Sells Portfolio to Blackstone

Denmark Denmark — Cromwell European Real Estate Investment Trust has completed the sale of 12 assets in France, Denmark and the Netherlands for EUR 65.7M to funds advised by affiliates of Blackstone.
Rob Cotterell.

Cromwell Is Going for the EUR 1 Billion: ”Will Keep the Income Flow”

Nordic — Rob Cotterell, European Head of Transactions at Cromwell Property Group, shares his view on the Nordic property market, which differences he sees among the Nordic markets and how to replace Tomas Beck who has joined the Blackstone team.
Tuomas Rantsi, CIO of Avara.

“The Construction Time Financing Has Become More Difficult to Find”

Finland Finland — Finnish property investor Avara’s CIO Tuomas Rantsi tells Nordic Property News about the JV with Starwood, residential challenges in Finland and the strategy for 2020.
Eon's new Nordic HQ.

Castellum Begins Construction on Eon's Nordic HQ

Sweden Sweden — Castellum is moving ahead with plans to start construction of a new office building, with Eon as the major tenant, with an investment of approximately SEK 1.3 billion, including land acquisitions. The building permit has now been issued and construction will begin Q2, 2020.
Copenhagen.

Adapteo Delivers Temporary Hospital Buildnings in Denmark

Denmark Denmark — The current global pandemic COVID-19 is putting heavy pressure on the Nordic hospitals. Adapteo has delivered several temporary adaptable building solutions for regional hospitals in Denmark. The buildings are being used as screening areas for COVID-19 testing of patients, administration and accommodation facilities for medical workers.
Rickard Svensson Dahlberg.

NREP Sells Eleven Properties to Blackstone

Nordic — NREP is now selling 11 selected logistics properties in the Nordics. The divestment will enable a strategic renewal of the Logicenters portfolio, including investments in new developments and acquisitions across the Nordics.
Montage of Anne-Jan Jager, Director of Tristan Capital Partners, and Stockholm skyline.

Further Investments in Progress – Tristan to Gear Up in the Nordics

Nordic — Anne-Jan Jager, Tristan Capital Partners: ”We are positive about the future development of the capital cities.”
Nordic Property News presents the largest investments from the listed companies in the Nordics during 2019.

The Nordic Companies That Have Invested the Most in Their Own Portfolios

Nordic — Nordic Property News presents the largest investments from the listed companies in the Nordics in 2019 – in their own portfolios.
Life City.

Atrium Ljungberg Borrows MSEK 920 from NIB for Life City

Sweden Sweden — Atrium Ljungberg has signed a green bank loan from Nordic Investment Bank for MSEK 920. The loan is unsecured and the time to maturity is seven years. The funds will be used in the development of the Life City project in Hagastaden, Stockholm.
MKB acquires in Malmö.

MKB Acquires from Jernhusen in Malmö

Sweden Sweden — MKB acquires properties in Malmö to develop 600 new apartments.
Helsinki.

Aktiivitilat Buys Three Properties

Finland Finland — Aktiivitilat has acquired three industrial properties in Tampere. With a total of 28,805 sqm of leasable space, the investment portfolio almost doubled as a result of this transaction.
Nordic Property News presents how high the loan-to-value ratio the listed companies have, according to their Q4 results.

The Nordic Listed Companies’ LTV in Q4

Nordic — Nordic Property News presents how high the loan-to-value ratio the listed companies have, according to their Q4 results.
Kungens Kurva in Stockholm and Marc Reijnen, M&G.

Key Indicators That Attracts M&G Real Estate into the Nordics

Nordic — Marc Reijnen, the global real estate investment manager M&G Real Estate’s Head of Investment and Asset Management, Continental Europe, on the Nordic operations last year, which Nordic country they do not invest in and the 2020 targets.
Ilija Batljan, CEO of SBB, Eva Landén, CEO of Corem, and Rutger Arnhult, CEO of Klövern.

These Are Last Year's Nordic Top Sellers

Nordic — Nordic Property News presents how many divestments the listed Nordic real estate companies have made during 2019.
Rutger Arnhult, CEO of Klövern.

Klövern's Hotel Share at 3 percent

Sweden Sweden — Klövern announces hotel share in the company's portfolio.
Kronan.

Vasakronan Signs Seven-Year Green Loan Agreement with NIB

Sweden Sweden — Vasakronan and the Nordic Investment Bank (NIB) have signed an agreement for a seven-year green loan of MSEK 750 for the construction of green office properties in Stockholm.
VVT acquires Prisma.

VVT Acquires Prisma

Finland Finland — VVT has acquired a hypermarket property in the Itäkeskus district of Helsinki.
Christopher Mertlitz, Executive Director, WP Carey.

US Investor Open for More Business in the Nordics: “Really Like the Region”

Nordic — Christopher Mertlitz, Executive Director, WP Carey, tells Nordic Property News about the US giant’s Nordic operations last year, this year’s investment plans and what segment that attract the most at the moment.
Jens Engwall, CEO of Nyfosa, Ulrika Hallengren, CEO of Wihlborgs, and Anders Nissen, CEO of Pandox.

These Are Last Year's Nordic Top Buyers

Nordic — Nordic Property News presents how many acquisitions the listed Nordic real estate companies have made during 2019.
Ilija Batljan.

SBB Sells a Property to Alecta for MSEK 460

Sweden Sweden — Samhällsbyggnadsbolaget i Norden AB (SBB) sells the property Mimer 7 in Stockholm to Alecta for MSEK 460, corresponding to a square meter price of SEK 67,597. The property contains 6,805 square meters of premises with a rental income of MSEK 14.6 and an estimated net operating income of MSEK 13.7.
Lena Boberg.

Alecta Forms Real Estate Company

Sweden Sweden — Alecta's Board of Directors has decided to incorporate the Swedish real estate business and has therefore formed the wholly owned subsidiary Alecta Fastigheter (Alecta Real Estate). The CEO of Alecta Fastigheter will be Lena Boberg, who is currently CEO of Ica Fastigheter. The new company will initially own and manage properties worth SEK 45 billion.
Maria Sahlén.

Maria Sahlén Appointed New COO of NREP

Nordic — NREP is strengthening its organization by apponting Maria Sahlén Chief Operating Officer and business developer in Sweden.
Heikki Palmu.

Reasons Behind the Increased Interest for Finland – from Global Investors

Finland Finland — Heikki Palmu, Fund Manager at Fennia Asset Management on the challenges on the Finnish property market, going forward, and Fennia AM's operations last year.