Vasakronan Issues Green Commercial Paper to Finance Green Assets

Sweden Sweden — In November 2013, Vasakronan issued the world’s first green corporate bond. Since then, bonds totalling SEK 18.5 billion have been issued making Vasakronan the Nordic region’s largest issuer of green corporate bonds. Now the company is issuing the world’s first green commercial paper, with the funds earmarked for green assets.
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

Slaughterhouses to Become Apartments

Denmark Denmark — Danish Crown sells a slaughtering ground to Skive Municipality. The slaugtherhouses are to be converted into apartements.
Karl Persson.

Why Cushman & Wakefield Increases Their Nordic Focus

Nordic — New Head of Sweden tells Nordic Property News why Cushman & Wakefield will increase their focus on Nordic collaboration.
Andreas Adolphsson.

Strong Increase in Swedish Property Tax in 2019

Sweden Sweden — The Swedish Tax Agency's guideline values for property taxation in 2019 show substantial increases in the valuation values and property tax can be found, especially in Stockholm, Gothenburg and Malmö. Andreas Adolphosson, Grant Thornton, comments on the numbers: ”Areas where the increase is about 100 percent.”
NCC Acquires Bromma Project.

NCC Purchases in Stockholm – Invests SEK 2.5 billion in Development Project

Sweden Sweden — NCC is purchasing a property from ICA Fastigheter with approximately 50,000 square meters of development rights for offices, retail and a hotel. NCC has also signed 15-year leases for approximately 20,000 square meters.
Nya Vattentornet 3 in Lund.

Wihlborgs Acquires in Lund

Sweden Sweden — Wihlborgs has signed an agreement for the acquisition of the Nya Vattentornet 3 property in Lund with a lettable area of 21,700 sqm, comprising primarily office space. The transaction price is MSEK 570 (EUR 55M).

EQ Buys Property in Tampere

Finland Finland — OP Toimitilakiinteistöt has sold a property in Tampere to EQ Hoivakiinteistöt.

Sehested Group Becomes Part of CBRE

Denmark Denmark — As of 1 November 2018, Sehested Group becomes part of CBRE.
Huhtamaki Factory in Hämeenlinna.

YIT to Build New Production, Storage and Office Premises for Huhtamaki

Finland Finland — YIT will expand and renovate Huhtamaki’s production, storage and business premises in Hämeenlinna, Finland. The customer in the project is NREP Logicenters, a Nordic developer and owner of modern logistics properties. The turnkey contract includes a new building of around 15,000 square metres and the renovation of 2,700 square metres of existing premises.
Karl Persson and Marie Cronström.

Cushman & Wakefield Announces New Leadership Team in Sweden

Sweden Sweden — Cushman & Wakefield has appointed Karl Persson and Marie Cronström to lead its business in Sweden.
Colin Waddell.

“It Is Driving Prices Up to Unprecedented Levels”

Finland Finland — CBRE Finland’s new MD Colin Waddell, tells Nordic Property News his views on the Finnish market and the large foreign interest in Finland.

Related article Colin Waddell on his New Position as MD of CBRE Finland

Why Logistics Gets Forgotten in City Planning

Sweden Sweden — Eva Landén, CEO of Corem, gives her view on why logistics gets forgotten in a society where e-commerce is increasingly important – and a possible solution to meet the demand.
Stenvalvet acquires from Örebroporten.

Stenvalvet Acquires for EUR 76M

Sweden Sweden — Stenvalvet has acquired the properties Athena 5 and Athena 19 in Örebro from Örebroporten for approximately MSEK 800 (EUR 76M).

Catena Purchases 450,000 sqm in Stockholm

Sweden Sweden — Catena has signed a deal with Smedberg Logistik- & Industrimark to purchase 450,000 sqm land in Nykvarn in southern Stockholm.

D Carnegie Changes Name to Hembla

Sweden Sweden — Through the proposed name change, the Blackstone company wants to further emphasize the core of its business model. The name is intended to clarify the company’s orientation and Hembla associates to something that is central in most people’s lives.

Blackrock Acquires Office Building in Helsinki

Finland Finland — Blackrock Real Assets and Institutional Investment Partners (2IP) have acquired an office building in Helsinki from a fund managed by AXA IM Real Assets.

"This Will Trigger the Next Financial Crisis"

Nordic — September 15 2008 the figurative bomb exploded on Wall Street when Lehman Brothers folded and set off the financial crisis. Now that a decade has pasted Nordic Property News rehashes the events of the crisis, the effect it had on the Swedish real estate market and see into the future as to what will set off the next crisis with Erik Selin, CEO of Balder, Hans Wallenstam, CEO of Wallenstam, and Sven-Olof Johansson, CEO of Fastpartner.

NP3 Acquires Portfolio for EUR 113M

Sweden Sweden — Listed Swedish NP3 has acquired a portfolio of 53 properties in the North of Sweden from Sveavalvet. The transaction price is SEK 1.18 billion (EUR 113M).

Where Artmax Looks for New Acquisitions in Norway and Sweden

Nordic — Swedish-based Artmax keeps expanding their horizons. In September they acquired the office building The Observatory in central Manchester. Kristoffer Ultenius, CEO of Artmax, tells Nordic Property News of the new expansion plans for Sweden – and where in Norway they want grow.

Skanska Buys Building Plot in Oslo for EUR 35M

Norway Norway — Skanska has purchased a 19,000 square meter building plot in Oslo for MNOK 340 (EUR 35M).
Anders Molin.

Anders Molin Recruited to Nordic Property News

Nordic — Fastighetssverige and Nordic Property News opens an office in Stockholm and recruits Anders Molin, most recently from TK Development, as Head of Nordics at Nordic Property News.
Erik Selin.

Balder acquires property at Backaplan, Gothenburg

Sweden Sweden — As a part in Balder’s investment in Backaplan, one of the big urban development areas in Gothenburg, they have now acquired a commercial property consisting of 9,000 sqm of existing space and future office construction rights of approximately 21,000 sqm.
Klaus Kaae.

NCC splits business area NCC Building

Nordic — NCC will split its largest business area, NCC Building, into Building Sweden, led by Henrik Landelius, and Building Nordics, led by Klaus Kaae. The aim is to provide each unit with better conditions to achieve profitable growth.
Colin Waddell.

Colin Waddell on his New Position as MD of CBRE Finland

Finland Finland — CBRE look abroad to find their new management in Finland and appointed Colin Waddell Managing Director. The new MD tells Nordic Property News what he will bring to the CBRE Finland and what advantages he sees in coming from the outside.
Ulf Nilsson

Ulf Nilsson on D Carnegie After his Departure and Why He Won’t Enter the Advisory Scene Again

Sweden Sweden — A year ago Ulf Nilsson left the position as CEO of Blackstone-owned D Carnegie after difference of opinion on how the company should be run. Now he gives Nordic Property News his views on how the company is doing without him and tells why he is not interested in entering the advisory scene again.