Union Investment acquires an office building in Stockholm.

Union Investment Acquires HSB Headquarters Building in Stockholm

Sweden Sweden — Union Investment has acquired a fully let office property in central Stockholm comprising around 11,500 sqm of rental space.
The shopping centers Flamingo and Jumbo and Ilkka Tomperi.

Upcoming Challenges in the Merge of the Shopping and Entertainment Centers

Finland Finland — Ilkka Tomperi, Investment Director and Head of Real Estate at Varma, on the merge of the shopping center Jumbo and entertainment center Flamingo, how to tackle the e-commerce threat and future investment targets in Finland.
Fredrik Lidjan, CEO of Magnolia Bostad.

Magnolia Sells Ownership in JV to Randviken

Sweden Sweden — Magnolia Bostad has signed an agreement regarding the sale of its part of the joint venture company that owns the property Skogskarlen 3 in Bergshamra, Stockholm.
The CEOs Jani Nieminen, Oscar Engelbert and Jesper Arkil.

H1: The Best Performing Stocks in the Nordics…

Nordic — Here are the Nordic listed real estate and construction companies’ development on the stock exchange – from January until June.
Ilija Batljan.

SBB Acquires in Several Nordic Cities

Nordic — SBB continues to grow within social infrastructure through a number of acquisitions of community properties in the Nordic metropolitan regions comprising a total of approximately 47,000 square meters of lettable space. The properties are located in the Stockholm region (Täby and Strängnäs), the Copenhagen region (Glostrup and Slagelse), the Oslo region (Kongsvinger) and the Aarhus region (Randers).
Spektri consists of five modern office buildings comprising c. 35,000 square meters net lettable area and is located in Otaniemi, the western business district of Helsinki.

Tristan Fund Buys Five Office Buildings in Helsinki

Finland Finland — CCP 5 LL, the core-plus perpetual fund advised by Tristan Capital Partners, has acquired off-market a group of office buildings in Helsinki.
Which companies are the winners and which are the losers on the stock market in June?

… and These Are the Winners and Losers on the Stock Market in June

Nordic — Nordic Property News has the complete list of how the Nordic real estate and construction companies performed on the stock exchange in June.
City Self Storage is one of the brands of Self Storage Group.

Self Storage Group Acquires Eurobox

Norway Norway — Self Storage Group has entered into an agreement with First Risk Capital to acquire 100 percent of the shares in Eurobox Minilager AS (the management company of Eurobox in Norway) and the associated property companies Eurobox Billingstad, Cron Gruppen and Cron Invest. In addition, Self Storage Group has agreed on the purchase price of two additional properties in Oslo, located at Skøyen and Kalbakken.
Rutger Arnhult, CEO of Klövern.

Klövern Divests a Property in Uppsala

Sweden Sweden — Klövern divests a part of the property Fyrislund 6:6 in Uppsala Business Park for an underlying property value of MSEK 258.
The shopping centers Flamingo and Jumbo will merge.

Jumbo and Flamingo to Merge Into the Nordics’ Largest Shopping and Entertainment Centre

Finland Finland — Mutual pension insurance companies Varma and Elo have agreed on a transaction that involves the merger of the Jumbo Shopping Centre and Flamingo Entertainment Centre located in Vantaa, near Ring Road III. The value of the transaction is approximately EUR 600 million, and once it is finalised, Varma and Elo will each have a 50 percent share in the real estate.
Sonja Horn will take up the CEO position at Entra as of July 1, 2019.

Challenges and Possibilities for Entra’s New CEO

Norway Norway — Sonja Horn, the new CEO of Norway’s largest listed real estate company Entra, tells Nordic Property News about her vision, what she has learned from her predecessor Arve Regland and the main challenges on the Norwegian real estate market.
Hanna Strand, Head of Retail at Colliers in Sweden.

How Property Owners Should Act During a Possible Retail Crisis

Sweden Sweden — Hanna Strand, Head of Retail at Colliers in Sweden, tells Nordic Property News about the company's new business area, strategies when vacancies increase and how she looks at the protests against high rents.
Joachim Hallengren.

Bonava Sells 74 Apartments in Helsinki

Finland Finland — Bonava is selling a rental project in Helsinki to the investor Icecapital Housing Fund V. The project comprises 74 rental apartments located in the new residential area of Postipuisto, close to Central Park. The project is expected to be recognised in profit in the fourth quarter of 2020.
Multihuset.

Trianon Buys Multihuset from NCC

Sweden Sweden — Trianon has signed an agreement to acquire the Multihuset project by NCC. The multihouse is located at Limhamn in Malmö and the acquisition has an underlying property value of MSEK 425.
Knut Ekjord, Head of Real Estate at NRP Finans.

The Benefits of Logistics in Helsinki

Finland Finland — NRP’s Head of Real Estate Knut Ekjord on the latest purchase in Finland, the collaboration with Wilfast and why Finland is attractive for logistics investments.
Bo Rygaard, Director of Dreyers Fond.

Dreyers Fond’s Wide Investment Focus: “The Amount Will Continue to Increase”

Denmark Denmark — Bo Rygaard, Director, on how much Dreyers Fond will acquire in Denmark this year and why the operating profit goes to philanthropic work for the Danish architectural industry and lawyer's position.
Sonja Horn is the new CEO of Entra.

Sonja Horn Appointed New CEO of Entra

Norway Norway — The Board of Directors of Entra ASA has today appointed Sonja Horn as the company's new Chief Executive Officer. Horn is today EVP property management in Entra and replaces Arve Regland.
Dreyers Fond acquires two properties in Copenhagen.

Dreyers Fond Expands Property Portfolio

Denmark Denmark — Dreyers Fond once again expands its property portfolio in the exclusive area around Frederiksberg Allé.
Colliers Adds Retail as a Service Line.

Colliers Adds Retail as a Service Line

Sweden Sweden — Colliers International in Sweden complements its service offering with Retail. Within Retail, Colliers offers strategy, project management, commercial management, rental and tenant presentation, with a focus on developing and establishing shopping centers, malls, shopping streets and external shopping areas.
Mikael Söderlundh, Head of Research and Partner at Pangea Property Partners.

Why the Nordic Real Estate Companies Continue to Perform Well on the Stock Market

Nordic — Mikael Söderlundh, Head of Research and Partner at Pangea Property Partners, explains why there is still a tailwind for the Nordic real estate companies on the stock exchange – but at the same time, he notes a reverse trend.
Oscar Engelbert.

Oscar Properties Sells in Stockholm

Sweden Sweden — Oscar Properties sells the divestments of Nacka 5 AB's administration house in Nacka Strand.
Peeter Kinnunen, Head of Transaction at Klövern.

Klövern Divests on the Logistics Market: How the Real Estate Giant Will Readjust

Nordic — Klövern's Head of Transaction Peeter Kinnunen on the latest major divestment, why the company does not invest that much in logistics and the successful Danish entrance.
Jens Engwall, CEO of Nyfosa.

Nyfosa Acquires Large Portfolio

Sweden Sweden — Nyfosa has signed an agreement with Klövern to acquire a property portfolio at a total value of SEK 1.570 billion in southern Sweden. The acquisition consists of a portfolio of 21 commercial properties.
Hannu Lehto, F. Scott Ball and Kestutis Sasnauskas.

The Best Yields Among the Listed Nordic Companies

Nordic — Nordic Property News presents which of the listed Nordic construction and real estate companies that provide the best yields.
Ole Jacobsen.

New CEO of DAB

Denmark Denmark — Ole Jacobsen, Municipal Director of Frederikssund Municipality, is appointed new CEO of DAB (Danish Public Housing Association).