Peab gets assignment outside Gothenburg.

Peab Builds Residential Units in Kungsbacka

Sweden Sweden — Peab has been commissioned to build 84 homes in central Kungsbacka. The customer is Aranäs fastigheter and the contract is worth SEK 182 million.
SINTEF Horizion.

Veidekke to Create Eco-Certified Commercial Building

Norway Norway — Veidekke has signed a contract with SINTEF Energi AS to build SINTEF Horizon, an eco-certified commercial building on the Gløshaugen university campus in Trondheim. The commission is a design and build contract valued at NOK 280 million, excluding VAT.
Ilija Batljan, CEO of SBB Norden.

SBB to Create the Largest Listed Residential Company – Aims to Improve SBB's Rating

Nordic — SBB is looking to distribute a residential company with a property value of SEK 18 billion to its shareholders – making it one of the largest listed residential company. CEO Ilija Batljan expands on the idea behind the split and how it helps SBB to move forward.
Balder.

Balder Announces Tender Offer

Sweden Sweden — Balder is offering holders of the Issuer's outstanding SEK 600,000,000 FRN due January 2023, SEK 1,400,000,000 green FRN due February 2023 and SEK 500,000,000 green FRN due November 2023.
Markus Myllymäki, CEO of Toivo Group.

Toivo Group Launches New Housing Concept

Finland Finland — In 2020, Toivo Group began developing the Toivo Studios concept, which combines housing, furniture and services. Toivo Studios combines rental housing and hotel comfort into one concept where people can focus on living their life.
SBB.

SBB Wants to Increase Focus on Social Infrastructure Properties

Sweden Sweden — SBB is evaluating the possibility of distributing a residential company to the shareholders.
Illustration of Petregatan.

NCC to Build Culture Center in Gävle Worth SEK 300 Million

Sweden Sweden — On behalf of Gävle Municipality, NCC is building Agnes Kulturhus, a new center for culture and learning, comprising of 8,700 square meters.
Anthony Romano.

Lindu's Growth Targets in the Competitive Last-Mile Sector

Nordic — The new Brunswick and Pictet company Lindu Ejendomme continues to make investments in the Danish last-mile logistics market. After the latest purchase, Anthony Romano, Investment Manager at Brunswick, tells Nordic Property News about the acquisition, the partnership with Pictet, the goals for the company, the competition in the sector and about his own unusual way from professional hockey to real estate.
The Nordic Real Estate Companies’ market cap.

The Largest Property Companies in the Nordic Region

Nordic — Nordic Property News presents the current market capitalization among the Nordic real estate companies on the stock exchange.
The new school in Bergen.

Skanska to Build New Secondary School in Bergen

Norway Norway — Skanska has signed a contract with the Municipality of Bergen to build a new secondary school in Bergen, Norway. The contract is worth NOK 370M, about SEK 390M, which will be included in the Nordic order bookings for the fourth quarter 2022.

Veidekke Completes Major Sale

Sweden Sweden — The transaction was conditional upon environmental approval from the authorities, which has now been granted. The transaction will therefore be completed in mid-November and will provide a financial gain of NOK 130 million in the 4th quarter 2022.
Antti Aarnio.

This Is Sato’s Residential Strategy

Finland Finland — CEO Antti Aarnio: “We are very cautious and follow the market carefully now. However…”
Patrik Hall, CEO of Heimstaden.

Patrik Hall Looking Forward to a More Free Role

Nordic — Heimstaden's long-standing CEO Patrik Hall will leave the operational role at the turn of the year and instead continue as Senior Advisor and member of the Group Investment Committee within the company. He tells Nordic Property News about the decision and the future within the company. He also comments on the company's Q3 report, the challenges ahead and the large bond maturities that await in the next two years.
ATP Ejendomme and Pensiondenmark sell four properties.

Four Department Store Buildings Sold in Denmark

Denmark Denmark — The four Magasin properties on Kongens Nytorv, in Lyngby, Aarhus and Odense are now being sold back to the department store's new owners, after more than a decade with ATP Ejendomme and PensionDanmark as owners.
Patrik Hall and Helge Krogsbøl.

Patrik Hall Steps Down as Heimstaden CEO – Helge Krogsbøl Succeeds

Nordic — Patrik Hall has after more than 20 years decided to leave his position and continue as Senior Advisor and member of the Group Investment Committee. Helge Krogsbøl, Heimstaden’s COO, takes over as CEO from 1 Jan 2023.
Global sustainability actor Position Green chooses Varvsstaden in Malmö for new office and powerhouse.

Balder Signs Lease Agreement in Malmö with Position Green

Sweden Sweden — Position Green helps companies and organisations to develop their sustainability work and business within the ESG landscape. To meet the increasing demand and offer a meeting place in line with the company’s vision, Position Green is relocating its Malmö office to the new sustainable Varvsstaden district.
Johan Knaust, CEO of K2A.

K2A Becomes Associate Member of Public Housing Sweden

Sweden Sweden — K2A Knaust & Andersson Fastigheter is a new associate member of Public Housing Sweden. K2A’s application was approved at Public Housing Sweden’s Board meeting on 21 October 2022.
The preference shares with the
highest yields on the stock exchange.

These Are the Best Performing Preference Shares in the Nordics

Nordic — Nordic Property News has listed the Nordic real estate companies’ preferred stocks. Which stock provides the highest yield and which stock has had the best development, so far, in 2022?
Peter Strand, CEO of Swedish Logistic Property.

SLP Sees Opportunities on the "Buyer's market"

Sweden Sweden — SLP's CEO Peter Strand hopes to find clips in the pending transaction market that has fully developed into a buyer's market. He tells Nordic Property News more about the hopes, the strength of the leases and the journey of the share since the listing seven months ago.
Eva Landén, CEO of Corem.

Corem Divests Stockholm Property

Sweden Sweden — Corem has signed a contract to divest the site leasehold to the property Stockholm Konsumenten 3 for an underlying property value of SEK 125 million.
Ralf Spann, CEO of Akelius.

Akelius Enters New Market – Acquires Apartments in Quebec, Canada

Sweden Sweden — Purchase price is EUR 23 million. The property is built in 1968 and the average apartment size is 71 square meters, large enough for home office.
Vantaa.

Elo Signs Agreement for Residential Units in Vantaa

Finland Finland — Elo Mutual Pension Insurance Company and construction company Lapti have signed an agreement on the construction of 149 rental apartments in the Myyrmäki area, Vantaa.
Jarkko Leinonen, and  the Kymenlaakso Psychiatric Hospital in Kouvola.

Why Hemsö Stands Strong in Challenging Times

Finland Finland — Jarkko Leinonen, Head of Finland at Hemsö: “We have deals in pipeline, so overall it is business as usual for us in Finland.“
Jennifer Eriksson in front of Ramsbury's new Gothenburg redevelopment project. The image is a montage.

The State of the Gothenburg Office Rental Market

Sweden Sweden — Jennifer Eriksson, Head of Leasing Gothenburg at Croisette, tells Nordic Property News about the interest in the office space in Ramsbury's new Gothenburg project, the importance of the investment for Gothenburg's CBD and about the office rental market in the new economic climate.
Jyväskylä.

Ovaro Acquires Three Office Properties in Jyväskylä

Finland Finland — Listed property investor Ovaro Kiinteistösijoitus has bought three office properties in Jyväskylä from an unnamed international property investment company.