Claus Mathisen, CEO of NREP, on the reasons behind the DKK 25 billion deal with Dades.

NREP’s CEO on the Major Deal: “This Is a Milestone Agreement”

Denmark Denmark — Dades transfers both management and development of the company's DKK 25 billion property portfolio to NREP. Claus Mathisen, CEO of NREP, tells Nordic Property News about the negotiations, the importance of the deal, and further investment targets.
Erik Selin, CEO of Balder.

Balder Increases Entra Holdings – Here Are the Future Plans for the Company

Norway Norway — Balder has increased its holdings in Norwegian Entra from 25 to 32.7 percent. CEO Erik Selin comments on Balder’s future plans for their Entra holdings.
Nordic Property News presents how high the loan-to-value ratio the listed companies have, according to their Q1 results.

The Nordic Heavyweights with the Highest LTVs

Nordic — Nordic Property News presents how high the loan-to-value ratio the listed companies have, according to their Q1 results of 2021.
Sverker Källgården, CEO of Cibus Nordic Real Estate.

Cibus Acquires Finnish Portfolio

Finland Finland — Cibus Nordic Real Estate has today signed the acquisition of a real estate portfolio of three assets in Finland for EUR 25.5 million. The transaction is targeted to close on May 17.
Michael Johansson.

Tre Kronor Property Investment's CEO Resigns

Sweden Sweden — Tre Kronor Property Investment announces that the company's CEO Michael Johansson will leave Tre Kronor in 2021 after four successful years at the company.
The Eight.

Skanska Invests USD 476M in American Office Project

Sweden Sweden — Skanska invests approximately USD 476M, about SEK 4.0 billion, in The Eight, its newest office development project in Bellevue, Washington, USA.
Stefan Wallander, NREP's CEO in Sweden, in front of a care home acquisition in Stockholm made by the Income+ fund. The image is a montage.

"The Best Solutions Arise in Close Collaborations Between the Private and Public Sectors"

Nordic — NREP continues to make spectacular recruitments as the add a second former Mayor from a Nordic capital to the team. Stefan Wallander, CEO of NREP in Sweden, tells Nordic Property News about the strength of having two former Mayors on staff, the importance of collaboration between private and public sectors, and what Jan Vapaavuori could bring from Helsinki to NREP's other Nordic markets.

Director Leaves Leading Property Management Company

Nordic — Returns to global advisory firm next week.

High Finnish Competition: “A Lot of Foreigners Are Active”

Finland Finland — Jussi Palmroth, Managing Partner of Tuohex Capital, on the recently established fund; investment targets, the activity on the Finnish transaction market, and reasons behind the wide location focus.
Leaves the advisory side for the investors side.

Leaves Newsec for LocalTapiola

Finland Finland — LocalTapiola makes experienced hire from Newsec.
Nordic Property News lists the vacancy rates among the listed real estate companies in the Nordics.

The Pandemic Effects on the Giants’ Vacancy Rates

Nordic — Nordic Property News presents a list of the first quarter’s vacancy rates among the listed Nordic real estate companies.
Ilija Batljan, CEO of SBB Norden.

SBB Acquires Elderly Care Homes and Apartments – and Sells Non-Strategic Properties

Sweden Sweden — SBB has entered into an agreement to acquire six elderly care homes in Greater Stockholm as well as rental apartments and two nursing homes in Helsingborg to a value of approximately SEK 2.5 billion. The acquisitions comprise a total area of ​​approximately 70,000 sq.m. with a rental value of approximately SEK 107 million generating a net operating income of approximately SEK 95 million.
Boris Nørgaard Kjeldsen, CEO of Dades, and NREP's CEO Claus Mathisen.

NREP Takes over Management of Dades' Portfolio – CEO Resigns

Denmark Denmark — Boris Nørgaard Kjeldsen resigns with the new cooperation agreement as CEO of one of Denmark's largest private real estate companies, Dades. Executive Vice President Søren Kristiansen is promoted and will be the new CEO.
Peab builds rental apartments in Västerås.

Peab Signs SEK 310 Million Contract in Västerås

Sweden Sweden — Peab has been commissioned to build 183 rental apartments on Öster Mälarstrand in Västerås. The customer is Bostads AB Mimer and the contract is worth SEK 310 million.
Michael Johansson.

Why Tre Kronor Chooses Norway over Sweden

Norway Norway — Tre Kronor Property Investment’s CEO Michael Johansson on the attractive segment during the pandemic, the benefits of growing the Norwegian portfolio, and the current bidding war between Trophi and Svenska Handelsfastigheter, over Tre Kronor.

Colliers Strengthens Nordic Position – Launches Capital Markets Team in Finland

Finland Finland — Colliers strengthens their position in Finland by launching Capital Markets services with renowned real estate profile Matti Ahrelma leading the team. Richard Divall, Head of Cross Border Capital Markets, EMEA at Colliers, tells Nordic Property News about the new Capital Markets team, the appointment of Matti Ahrelma and the state of the Nordic real estate markets.
Jimmy Bengtsson.

How the Construction Giant Will Reach Its 2025 Targets

Norway Norway — Veidekke’s Group CEO Jimmy Bengtsson on the success in Scandinavia, the development of the company since he took the helm, and how to increase the profitability even more.
The global owners among the Nordic listed companies.

Fresh List: These Are the Global Owners in the Nordic Heavyweights

Nordic — Nordic Property News presents an updated list of the foreign holdings in the Nordic listed real estate companies.
Jan Vapaavuori will step down as Mayor of Helsinki. Today NREP has surprisingly announced that they have recruited him.

NREP Recruits the Departing Mayor of Helsinki

Finland Finland — The departing Mayor of Helsinki, Jan Vapaavuori, will join NREP to further strengthen the company’s urban development efforts. Jan Vapaavuori will join the company in a part-time role as Senior Advisor for Urban Development after his term as Mayor ends in August.
Ulrika Danielsson.

Castellum's CFO Resigns

Sweden Sweden — Ulrika Danielsson has informed the company that she has decided to leave her position as CFO of Castellum. She has been employed by the company since 1998, finance director since 2006 and CFO since 2014.

Hemsö Acquires University Asset in Helsinki

Finland Finland — Hemsö acquires a university property in central Helsinki for future development into modern training facilities. The property will be leased by the University of Helsinki until 2024. The investment amounts to approximately EUR 17 million and the seller is the University of Helsinki.
Jens Petter Hagen.

NREP's Norwegian Future: "We Expect to Continue Investing Actively"

Norway Norway — NREP have increased their presence in Norway with several key hires. Jens Petter Hagen, Partner and General Manager of NREP's Norwegian office, tells Nordic Property News about NREP’s Norwegian future, what investments they are looking for, where they are looking for them and shares his view on the state of the Norwegian real estate market.
Risto Vuorenrinne, Investment Director at Trevian AM, and Duetto Business Park that has gained great success.

The Key for Office Success – During the Crisis

Finland Finland — Trevian-managed development of Duetto Business Park succeeds beyond expectations – occupancy rate rises despite COVID era challenges. Risto Vuorenrinne, Investment Director at Trevian AM, tells Nordic Property News about the major office project in Helsinki, when they expect to reach 95 percent occupancy, and future office challenges.
Sonja Horn, CEO of Entra.

“We Have Significant Muscles to Grow the Portfolio Further”

Norway Norway — Entra’s CEO Sonja Horn on the current negotiations of the EUR 230 million asset, and the investment strategy, going forward.

John Mattson Makes Residential Investment in Sollentuna

Sweden Sweden — John Mattson has signed an agreement with Sollentuna Stadshus AB to acquire 456 apartments together with commercial premises in Häggvik and Tureberg in the municipality of Sollentuna.