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Nordic Property News
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"We are in daily negotiations with partners and we will return when these are ready," says Ola Serneke about the current status of Karlatornet.

How the Construction Giant will Bounce Back

Sweden Sweden — The Swedish construction giant Serneke has conquered a lot of land lately and will build the highest tower in the Nordic region, but showed poor results in the Q1 report. The founder and CEO Ola Serneke tells Nordic Property News why it looks the way it does, why investors do not have to worry and gives the latest update on the Karlatornet.
TOP 4 Nordic
Truls Cook Tollefsen is looking forward to own the DNB Bank HQ.
Nordic Nordic —
DNB Liv on the Blockbuster Acquisition: “A Good Deal for Both of Us”
Tampere.
Nordic Nordic —
NREP Establishes a Joint Venture for Developing Multifunctional Facilities in Growth Centers
Linda Anttila.
Nordic Nordic —
Linda Anttila to Lead CBRE's Residential Investment Activities in Finland
"We are in daily negotiations with partners and we will return when these are ready," says Ola Serneke about the current status of Karlatornet.
Nordic Nordic —
How the Construction Giant will Bounce Back
Truls Cook Tollefsen is looking forward to own the DNB Bank HQ.

DNB Liv on the Blockbuster Acquisition: “A Good Deal for Both of Us”

Norway Norway — DNB Liv's CFO Truls Cook Tollefsen explains why they could not resist the acquisition of DNB Bank's headquarters and why the purchase has nothing to do with the fact that it was the company's bank department that houses there.

Related article After the Major Divestment: Ilija Batljan on the Norwegian Strategy
Tampere.

NREP Establishes a Joint Venture for Developing Multifunctional Facilities in Growth Centers

Finland Finland — NREP has agreed to set up Aktiivihallit Ky together with experienced real estate professionals Tapani Piri and Jukka Torvinen. Aktiivihallit Ky aims to invest and develop flexible multifunctional properties, especially for production and storage.
Linda Anttila.

Linda Anttila to Lead CBRE's Residential Investment Activities in Finland

Finland Finland — CBRE is strengthening its position in the European Residential investment markets with the addition of Linda Anttila to the European Residential Capital Markets team. The team, led by Thomas Westerhof, has more than 50 full-time residential investment professionals across Europe. Linda will continue being part of CBRE’s team in Finland but will also take on dedicated responsibility for the company’s Residential Capital Markets activities in the Finnish market, adding to CBRE’s Residential capabilities in the Nordics.
Ilija Batljan.

SBB Has Been Assigned BBB Rating

Sweden Sweden — Fitch Ratings has announced that Samhällsbyggnadsbolaget i Norden AB (SBB) has been assigned a BBB- rating with stable outlook.
Professor Thomas Beyerle says that Helsinki has a larger interest from investors and tourists.

New Hotel Trend: Why Investors Targets Suburban Locations

Nordic — Professor Thomas Beyerle, Head of Group Research at Catella, tells Nordic Property News about the latest investor trends on the hotel market, why Helsinki is booming among tourists and why the suburban areas are getting more attractive.
"It is a win-win for us and DNB Liv," says SBB Norden's CEO Ilija Batljan on the deal in central Oslo.

After the Major Divestment: Ilija Batljan on the Norwegian Strategy

Norway Norway — The Swedish company SBB sells DNB Bank's headquarters after just two years of ownership. SBB's CEO Ilija Batljan tells Nordic Property News about the plans he has for Norway in the future and why the company already is divesting the Oslo building.
Jan-Erik Höjvall, CEO of Amasten.

Amasten Purchases from Sterner Stenhus

Sweden Sweden — Amasten has agreed to buy eleven residential properties and a plot in Köping. The transaction takes place in a corporate form and is based on an underlying property value of MSEK 216. The properties are expected to be taken on September 2 and sellers are Sterner Stenhus Fastigheter.

YIT Builds for Icecapital

Finland Finland — YIT and Icecapital have signed pre-agreements on the construction of approximately 780 rental apartments in the Helsinki metropolitan area and Tampere.
Optimera acquires concrete plant.

Optimera Acquires Concrete Plant

Norway Norway — Norwegian Optimera has acquired Spenncon's concrete plant north of Hamar.
Joen Siggelin sees more and more interest in the Swedish property market.

Why the International Interest Is Growing: "Cannot Ignore the Nordics"

Sweden Sweden — Joen Siggelin at Scius Partners tells Nordic Property News why more and more international giants are looking towards Sweden, what unrealistic expectations foreign investors may have and what the companies that want to establish themselves should think about before it is time to invest.
Martin Mæland is proud but also humble over his time as Chairman in Veidekke.

Mæland Steps Down as Chairman of the Building Giant – Here Is His Next Step

Norway Norway — The Norwegian construction and real estate profile Martin Mæland leave the chairmanship in Veidekke – but does not leave the business for good. This is what he wants to focus on in the future and this is how he has contributed to make Veidekke a Nordic construction giant.

Related article Martin Mæland on the JV with Ilija Batljan: ”Not an Easy Thing”
Ilija Batljan.

SBB Sells DNB Bank's HQ for EUR 468M

Norway Norway — SBB enters into agreement for the sale of DNB Bank's head office in Oslo to DNB Liv to an agreed net property value of SEK 4.897 billion (EUR 468M).
Jenny Lindholm.

Allianz Real Estate to Open Regional Nordic Office in Stockholm

Nordic — Allianz Real Estate opens up a Stockholm office to strengthen their presence in the Nordics. At the same time the German giant appoints Jenny Lindholm to Head of Operations in the market.
Pontos expands its operations into real estate management in Finland.

Pontos Expands Its Operations into Real Estate Management in Finland

Finland Finland — The investment company Pontos acquires NREP’s stake of the NREP C1 real estate portfolio, resulting a 100 percent ownership of the portfolio for Pontos.
Anders Olstad (Entra), Oscar Engelbert (Oscar Properties) and Helga Baagøe (Castellum).

Here Are the Management Groups’ Shareholdings

Nordic — Nordic Property News lists the shareholdings among the members of the major real estate companies’ management groups in the Nordics.

Related article Here Are the Shareholdings of the Boards
Fredrik Wirdenius says, after his announcement that he will leave Vasakronan: “I will continue to work but in a different way than how the job as CEO in Vasakronan has been."

Why Wirdenius Leaves Vasakronan

Sweden Sweden — The CEO of the Nordic Region’s largest real estate company, Fredrik Wirdenius, steps down from his position. Wirdenius tells Nordic Property News about the decade as CEO, why more investors are looking at Sweden today and why people in the industry quickly can become irrelevant.
Hermes 10 and 16 in Helsingborg.

Wihlborgs Completes Major Acquisition in Helsingborg

Sweden Sweden — Wihlborgs has completed another major acquisition through the purchase of the property known as Tretornfabriken in central Helsingborg encompassing a total lettable area of 51,000 sqm.
Daniel Gorosch.

Svenska Bostadsfonden Acquires in Southern Sweden

Sweden Sweden — Svenska Bostadsfonden is about to buy 107 apartments - 7,564 sqm - in Laholm and Kävlinge.
Peab builds new school and rec center.

Peab Builds New School and Recreation Center in Evenes

Norway Norway — Peab has been commissioned to build a new school and a recreation center in Evenes in northern Norway. The client is Evenes municipality and the contract amount is MNOK 193.
Peter Wiman.

The New Trends for Foreign Investors in Sweden

Sweden Sweden — Peter Wiman, Head of Research at Savils, gives his forecast for the transaction year 2019 and shares what he sees as the latest trends in the real estate market.
Mikael Söderlundh.

The Hottest Segment for Institutions

Nordic — A new segment is on top when the Nordic institutions look at domestic investments. Mikael Söderlundh, analyst and partner at Pangea Property Partners, tells Nordic Property News about the institutions' new darling.
Kronløbsøen.

NCC Secures Large Residential Order on New Copenhagen Island

Denmark Denmark — NCC has secured an order worth more than SEK 1.5 billion to build 233 housing units and a parking garage on Kronløbsøen, a new island at Copenhagen Nordhavn. The parties behind the project, which comprises a total floor area of 63,600 square meters, are By & Havn, Pension Danmark and Nordkranen.
Fredrik Wirdenius.

Fredrik Wirdenius Steps Down as CEO of Vasakronan

Sweden Sweden — After eleven years as CEO of Vasakronan, Fredrik Wirdenius has informed the Board that he wishes to leave his assignment.
Skanska has sold a care home in Lahti, Finland.

Skanska Divests Care Home in Lahti

Finland Finland — Skanska has sold a care home in Lahti, Finland, for about SEK 210 million (EUR 20 Million).