Peab in a student housing project.

Peab Builds Student Housing in Turku

Finland Finland — Peab has been commissioned to build student housing and commercial space for Turun Ylioppilaskyläsäätiö in Turku. The contract is worth EUR 23 million.
Eddo Rats.

Heimstaden Appoints Country Manager in the Netherlands

Nordic — The Nordic residential company Heimstaden has announced the appointment of Eddo Rats as new Country Manager in the Netherlands.
James Seppala, Head of Real Estate Europe at Blackstone Group.

Blackstone: ”We Remain Positive on the Long-Term Outlook for the Nordics”

Nordic — James Seppala, Head of Real Estate Europe at Blackstone, on the immediate investment effects due to the outbreak of the coronavirus and the latest investments across the Nordic region.
Kjetil Houg (Folketrygdfondet), Nils-Ola Omma (Borudan) and Fredrik Lundberg (LE Lundberg).

These Are the Most Powerful Owners in the Nordic Property Giants

Nordic — Nordic Property News presents an updated list of the largest owners in the listed real estate companies in the Nordic region.
The preference shares with the
highest yields on the stock exchange.

The Corona Effects on the Nordic Preference Shares

Nordic — Nordic Property News presents an updated list of the Nordic real estate companies’ preferred stocks. Which stock provides the highest yield and which stock has had the best development, so far, this year?
Annika Edström.

Cushman & Wakefield: Covid-19 Speeds Up and Pauses Trends on the Swedish Real Estate Market

Sweden Sweden — Changed conditions for consumers and companies are changing purchasing patterns and habits, which may create new needs in the property market and in property development in the future, according to Cushman & Wakefield.
F. Scott Ball, CEO of Citycon.

Citycon Weakens Its Prospects Due to Uncertain Market Situation

Finland Finland — Citycon assesses that its prospects for 2020 have weakened and withdraws its guidance for 2020 issued on 6 February 2020. At this point, the company does not specify its direct operating profit, EPRA EPS or adjusted EPRA EPS forecast for this year in more detail due to the uncertain market situation.
Johanna Skogestig.

Vasakronan’s Board Withdraws the Dividend Proposal

Sweden Sweden — At an extraordinary Board meeting, Vasakronan’s Board of Directors has decided to withdraw the dividend proposal of SEK 6 billion to the owners.
Another management in Hemfosa is about to take place.

After Ilija Batljan's Major Acquisition: Country Manager Leaves Hemfosa

Nordic — One of Hemfosa’s most profiled appointments leaves the company after just a few months. This will be the next step.
Mikael Söderlundh.

The Nordic Transaction Effects During the Corona Crisis

Nordic — Mikael Söderlundh, Head of Research and Partner at Pangea Property Partners, on immediate corona effects in the Nordics and which property segments that are struggling the most during the coronavirus eruption.
Mipim 2019.

Mipim 2020 Canceled – Will Not Take Place in Cannes in June

Nordic — Mipim 2020, scheduled to take place June 2-5 in Cannes, is transforming into a two-day, Paris-based gathering of real estate and technology leaders in September and a new online experience, MIPIM Connect, available year-round. The next edition of Mipim in Cannes will take place March 16-19, 2021.
The Espoo property, purchased from a YIT JV.

DWS Acquires Espoo Property from Regenero

Finland Finland — YIT’s and HGR Property Partners’ joint venture Regenero has completed the sale of Accountor Tower in Keilaniemi, Espoo to a fund managed by DWS following an agreement signed in August 2019. The parties have agreed not to disclose the purchase price.
Generation Park Z.

Skanska Sells Office Building to Deka

Sweden Sweden — Skanska has sold the office building Generation Park Z in Warsaw, Poland, to Deka Immobilien for EUR 98M.
Peter Winther, CEO of Colliers International Denmark.

“There Is a Certain Risk of a Prolonged Recession”

Nordic — In times of uncertainty: How long will it take for the property market to normalize? Peter Winther, CEO of Colliers International Denmark, shares his thoughts on the major effects on the Nordic property market, due to the coronavirus outbreak.
Jacob Karlsson, CEO of K-Fastigheter.

After the Danish Entry: These Are the Benefits for K-Fastigheter

Denmark Denmark — Jacob Karlsson, CEO of K-Fastigheter, tells Nordic Property News why Denmark is an attractive market, which plans the company has in the neighbour country and whether he sees any short-term concerns due to the coronavirus.
Here is the updated list of the Nordic real estate companies' property value.

The Property Value of the Nordic Companies

Nordic — Nordic Property News presents the property value in the major real estate companies on the stock exchange in the Nordic region.

Serneke's Sale of Karlatornet Is Being Postponed

Sweden Sweden — Completion of Serneke's sale of Karlatornet to Oaktree Capital Management, which was due to happen within days, is being postponed. The reason is the uncertain situation in the global financial market caused by the corona pandemic. Consequently, Serneke will minimalize all activities in the construction of the tallest house in the Nordic region.
Two of the assets are located in Denmark.

Cromwell Sells Portfolio to Blackstone

Denmark Denmark — Cromwell European Real Estate Investment Trust has completed the sale of 12 assets in France, Denmark and the Netherlands for EUR 65.7M to funds advised by affiliates of Blackstone.
Veidekke builds new Vøldsløkka school in Oslo.

Veidekke to Build New Voldsløkka School in Oslo

Norway Norway — Veidekke has entered into a contract with Undervisningsbygg Oslo KF to build the new Voldsløkka Secondary School in Oslo. The City of Oslo has major environmental ambitions and the school is being built as an energy-plus building.
Rob Cotterell.

Cromwell Is Going for the EUR 1 Billion: ”Will Keep the Income Flow”

Nordic — Rob Cotterell, European Head of Transactions at Cromwell Property Group, shares his view on the Nordic property market, which differences he sees among the Nordic markets and how to replace Tomas Beck who has joined the Blackstone team.
Tuomas Rantsi, CIO of Avara.

“The Construction Time Financing Has Become More Difficult to Find”

Finland Finland — Finnish property investor Avara’s CIO Tuomas Rantsi tells Nordic Property News about the JV with Starwood, residential challenges in Finland and the strategy for 2020.
Rickard Svensson Dahlberg.

NREP Sells Eleven Properties to Blackstone

Nordic — NREP is now selling 11 selected logistics properties in the Nordics. The divestment will enable a strategic renewal of the Logicenters portfolio, including investments in new developments and acquisitions across the Nordics.
Eon's new Nordic HQ.

Castellum Begins Construction on Eon's Nordic HQ

Sweden Sweden — Castellum is moving ahead with plans to start construction of a new office building, with Eon as the major tenant, with an investment of approximately SEK 1.3 billion, including land acquisitions. The building permit has now been issued and construction will begin Q2, 2020.

Adapteo Delivers Temporary Hospital Buildnings in Denmark

Denmark Denmark — The current global pandemic COVID-19 is putting heavy pressure on the Nordic hospitals. Adapteo has delivered several temporary adaptable building solutions for regional hospitals in Denmark. The buildings are being used as screening areas for COVID-19 testing of patients, administration and accommodation facilities for medical workers.
Montage of Anne-Jan Jager, Director of Tristan Capital Partners, and Stockholm skyline.

Further Investments in Progress – Tristan to Gear Up in the Nordics

Nordic — Anne-Jan Jager, Tristan Capital Partners: ”We are positive about the future development of the capital cities.”