CBRE Appoints New MD in Finland

Finland Finland — Colin Waddell has been appointed Managing Director of CBRE Finland Oy with effect from 1st September 2018. He will take over from Joni Koski, who is stepping down from this role after five years.
Derby Business Park.

Kielo Completes First HMA Acquisition

Finland Finland — Kielo, managed by Brunswick Real Estate, has acquired an 53,000 sqm office portfolio with three properties situated in the Helsinki Metropolitan Area (HMA) from Niam.
Hanna Rauhala.

Kielo on HMA Entry and Upcoming Transaction

Finland Finland — Kielo, managed by Brunswick Real Estate, keeps the investment pace up in Finland. After two new acquisitions Hanna Rauhala, Fund Manager at Brunswick, tells Nordic Property News of the Helsinki entry and when their next transaction will be in place.
Mikael Söderlundh.

"This is Definitely a New Trend"

Nordic — In recent years, a number of foreign companies have taken over the Nordic market by acquiring listed companies. Most recently, when Kildare Partners bought Technopolis. Mikael Söderlundh, Head of Research at Pangea Property Partners, analyzes the trend for Nordic Property News.
The Slakthus area.

Atrium Ljungberg Signs LOI for their Largest Project Ever

Sweden Sweden — Atrium Ljungberg signs a letter of intent with the city of Stockholm for a major deal in the Slakthus area. Atrium Ljungberg's investment is estimated to SEK 8 billion (EUR 748M).

Thumbs Up for Nyfosa

Sweden Sweden — Hemfosa obtains approval from bondholders to a potential distribution of Nyfosa.

Deas Acquires Nordea Ejendomme

Denmark Denmark — Deas has reached an agreement to acquire Nordea Ejendomme for DKK 22 billion (EUR 2.95 billion).

Kildare Makes Offer for Technopolis

Finland Finland — Kildare has made a public cash tender offer for listed Finnish company Technopolis of EUR 4.65 for each share. The total offer amounts to approximately EUR 729.7M. The board of Technopolis has recommended to accept the offer.

Technopolis CEO Sees Opportunities in Kildare Offer

Finland Finland — CEO Keith Silverang tells Nordic Property News his view on what the Kildare offer means for Technopolis.
Ulrika Hallengren.

Wihlborgs Looks for More in Copenhagen

Denmark Denmark — Wihlborgs made a big splash in Denmark by acquiring a 165,000 sqm portfolio for DKK 1.8 billion last summer. And the company is looking for more.

Kielo Buys CBD Office Property in Lahti

Finland Finland — The real estate company Kielo, managed by Brunswick Real Estate, has completed the acquisition of a 6,100 sqm office property in the Finnish city of Lahti.
Susanne Lithander.

Susanne Lithander Appointed New CFO of NCC

Sweden Sweden — NCC is making changes to its Executive Management Group. Susanne Lithander is appointed as new CFO. Ylva Lageson returns to NCC as Head of Operational Development and IT and will become a member of the Executive Management Group.
Lennart Schuss.

“I Think They Are Fed Up with the International Advisory Companies”

Nordic — A major recruitment push by Savills and empty CEO spots at both JLL and Cushman & Wakefield – the Swedish advisory market has become a boiling kettle. Lennart Schuss, co-founder of Catella and Swedish advisory Grand old man, tells Nordic Property News his view on Savills’ future and the consultant market.

The Possible Effects of Pareto Divestments

Sweden Sweden — Pareto divested to properties through one-property companies. Panreal’s Axel Edwall tells Nordic Property News why this may cause a domino effect.

Catena Fine-tunes Property Portfolio

Sweden Sweden — Following a number of major acquisitions and investments over the year, Catena has also had an active summer with a series of smaller transactions generating conditions for continued growth.

Aberdeen Standard Investments Buys in Aarhus

Denmark Denmark — Aberdeen Standard Investments has acquires two properties in Aarhus. The transaction price is MDKK 210 (EUR 28M).
YIT Rents 21,000 sqm to Telia.

YIT Rents 21,000 sqm to Telia

Finland Finland — YIT and Telia Finland have signed a long-term lease agreement on the Tripla Workery East offices under construction in Pasila, Helsinki, Finland. The agreement covers approximately 21,000 square metres in the easternmost quarter of Tripla above the new Pasila station.

Castellum's Climate Targets Approved by the SBT Initiative

Sweden Sweden — Castellum is the first Nordic real estate company to have its climate objectives approved by the Science Based Targets (SBT) initiative. Castellum’s primary goal is to reach 100 percent climate neutrality throughout company operations by 2030, thereby supporting the United Nations Framework Convention on Climate Change, as well as national ambitions for a fossil-free Sweden.
Niklas Zuckerman, Niklas Samuelsson, Anders Nordvall och Mikael Fastén.

New Superteam at Savills

Nordic — The movement on the Nordic advisory scene continues as Savills makes four major recruitments to their Swedish office. Johan Ericsson, acting CEO, tells Nordic Property News of the big push and what is to come next: "We might recruit more."

...But Key-Player Quits After New Recruitments

Nordic — The chess pieces are moving at Savills. After the recruitment of the four, CEO Anders Nyström is let go and Robert Treutiger, Head of Transaction, quits. The duo tells Nordic Property News of the changes.

NREP hires the former Mayor of Copenhagen

Denmark Denmark — The former Mayor of Copenhagen, Jens Kramer Mikkelsen, has joined NREP to provide vision and strategic leadership for the company’s urban developments across the Nordic region.

Cibus Makes Three Acquisitions

Finland Finland — Cibus has completed two separate acquisitions of a total of three assets to its portfolio in Finland.

AF Gruppen Sells to Höegh Eiendom

Norway Norway — AF Gruppen has two properties in Oslo to Höegh Eiendom. The latter acquires AF Gruppen’s 49.5 percent stake in the company.

Regio Acquires for EUR 203M

Sweden Sweden — Regio has acquired seven centrally located office and retail properties with a lettable area of approximately 70,000 square meters in central Jönköping. The underlying property value amounts to SEK 2.13 billion (EUR 203M).
Agneta Jacobsson.

Swedish CEO Leaves Cushman & Wakefield: "Not a Farewell to the Industry"

Nordic — Last week JLL Sweden’s CEO Daniel Gorosch announced that he is leaving the company. Now another advisory head leaves as Agneta Jacobsson takes farewell of Cushman & Wakefield – but not the real estate industry. She tells Nordic Property News of the decision to leave, the state of the real estate industry and what’s to come next.