Skanska Presents Results – Lays Off 3,000 Employees

Nordic — Following a strategic review initiated in the fall 2017 Skanska will undertake a comprehensive restructuring to improve profitability. The review and following changes result in a charge of a total of about EUR 112M in the fourth quarter, and about EUR 61M in 2018.

Botnevik to Infranode

Norway Norway — Erik Botnevik joins Infranode’s team as Country Lead Norway and Nordic Lead Telecom.

Bonava Sells Apartments in Vantaa

Finland Finland — Bonava has carried out an investor transaction in Vantaa. The purchaser was the investor Icecapital Housing Fund IV Ky and the transaction encompassed 75 rental apartments.
Skanska builds in Karlskrona.

Skanska Develops Hospital Building in Karlskrona

Sweden Sweden — Skanska has signed a contract with Blekinge County Council to build a new building at Blekinge Hospital, Karlskrona.

Northern Horizon Acquires Further Care Assets

Nordic — Northern Horizon’s third specialist institutional healthcare real estate fund, the Nordic Aged Care Fund, has during Q4 2017 signed undertakings to acquire, via separate transactions, a total of nine care homes in Sweden and Finland.
PFA constructs in Vejle.

PFA Constructs 228 Apartments in Vejle

Denmark Denmark — PFA will erect 228 apartments for a total of EUR 40M in Vejle city center together with O. Adsbøll & Sons.
Fredrik Kumlin.

Nordic Interest for Meyer Bergman

Nordic — Meyer Bergman has secured EUR 816M of equity commitments from international institutional investors for its third fund and associated co-investment vehicles at the final close of capital-raising. Fredrik Kumlin, Principal of Meyer Bergman and CEO of Promenaden Management, tells Nordic Property News about the firm’s Nordic vision.
Jan Björk.

Trophi Chooses Finland over Sweden

Finland Finland — Trophi continues to purchase in Finland. After the new large acquisition in Jyväskylä, CEO Jan Björk tells Nordic Property News about the attraction of Finland, why they have been cautious in Sweden and why he does not fear e-commerce.
Ilija Batljan

Batljan Keen On Norway

Norway Norway — Ilija Batljan's SBB made a big mark in Norway during 2017 with several investments, including the purchase of DNB Bank's HQ in Oslo. After the turn of the year SBB looks for more Norwegian investments.
Dansmästaren in Uppsala.

NCC to Construct Apartments in Uppsala

Sweden Sweden — NCC is to construct the Dansmästaren project in partnering form with Uppsalahem and Uppsala Parkerings AB. The project will include 133 rental apartments, a parking facility and large premises in the Rosendal district of Uppsala. The order value is EUR 30M.
Mattilanniemi 6-8 in central Jyväskylä.

Kielo Strenghtens Position in Jyväskylä

Finland Finland — With a new major acquisiton in Jyväskylä, the Brunswick company Kielo keeps strenghtening their positions. Erik Widmark, Partner at Brunswick, tells Nordic Property News about syneregies of the latest acqusition and the strategies for 2018.
Susann Linde.

Wallenstam's Reason for Converting Condos to Rental Units

Sweden Sweden — Wallenstam’s conversion from condominiums to rental units in Solberga earlier this fall marked the beginning of the media debate regarding the chilly situation on the residential market. The company has now converted another three projects – and Wallenstam’s CFO Susann Linde explains the reason behind the change, including the Gothenburg area, to Nordic Property News.
Ulrich Steinmetz.

German Giant Looking for More Nordic Investments

Nordic — In early December Deutsche Asset Management really made their mark in Finland by acquiring the former Nokia Headquarters in Espoo, in metropolitan Helsinki. Ulrich Steinmetz, portfolio manager, Deutsche Asset Management’s open-ended real estate funds, tells Nordic Property News about German Giant’s Nordic plans.
If's office in Turku.

If Extends Lease in Turku

Finland Finland — Insurance company If and Nordisk Renting continue their cooperation regarding the If regional head office in Kupittaa, Turku.
Oslo Areal Purchases in Sandvika.

Oslo Areal Purchases in Sandvika

Norway Norway — Oslo Areal has purchased the Vestfjordgaten property in Sandvika from Norconsult Holding, who at the same time signed a long-term lease.

After New Major Investment – This is Eurocommercial’s Expansion Plan

Sweden Sweden — Eurocommercial continues to reorganize their retail portfolio. After the major acquisition in Gävle the company’s Property Director Sweden shares how they handle the challenges of retail, why they are not present in the largest cities and how they wish to expand in the future.

Thon’s New Plan for Töcksfors

Nordic — Thon Property’s CEO Hallgeir Åndal on the future for Töcksfors shopping center, the significance of the border retail and why they are not looking for investments further north along the Swedish–Norwegian border.
Tomas Carlsson.

Tomas Carlsson Named New President and CEO of NCC

Nordic — Swedish major player NCC has appointed Peter Wågström's successor. The new CEO tells Nordic Property News about his comeback at the company and the potential of NCC.

Hemfosa Leases 20,000 sqm in Gothenburg

Sweden Sweden — Hemfosa has signed a new agreement for previously vacant floor space of approximately 20,000 square meters in the Arendal 1:17 logistic property next to the Port of Gothenburg.

ÅF Purchases Gottlieb Paludan Architects

Nordic — ÅF purchases Danish Gottlieb Paludan Architects, with 90 employees and a turnover of EUR 14M.

Corum AM Buys Retail Asset in Lahti

Finland Finland — Corum Am has acquired the old bus station at Jalkarannantie 1 in central Lahti that is undergoing a retail conversion.

Magnolia Divests 430 Apartments in Hyllie

Sweden Sweden — Magnolia Bostad divests a project encompassing the Valhall 1 property located in Hyllie, Malmö. The deal encompasses the erection of approximately 430 rental units and a larger grocery store.

NCC Starts Construction and Divests in Århus

Denmark Denmark — NCC and the pension company Pension Danmark have signed a divestment deal regarding an office property and a hotel property that NCC will construct and erect in Århus.
Smedvig buys three properties.

Smedvig Purchases in Stavanger

Norway Norway — Smedvig Eiendom has purchased three properties on Åsen in Stavanger.
Jakob Paljak and Jacob Goldmann.

Fresh Faces to Strengthen Round Hill Capital's Nordic Team

Nordic — Round Hill Capital’s Nordic Logistics and Industrial Portfolio has strongly outperformed expectations. To strengthen and repositioning the portfolio Round Hill adds two local players to their team.