Per W. Hallgren, CEO of Jeudan.

No Major Corona Effects for the Danish Giant

Denmark Denmark — Per W. Hallgren, CEO of Jeudan, on the Q3 figures, future targets, and whether the transaction pace has been affected, due to the pandemic.
The property value among the Nordic giants.

The Nordic Listed Companies' Property Value in Q3

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

Storm Real Estate Acquires All Shares in KMC Properties

Norway Norway — Storm Real Estate announces that it has entered into an agreement to acquire 100 percent of the issued and outstanding shares in KMC Properties AS for an agreed purchase price of approximately NOK 1,076 million.

Jykia to Develop an Industrial and Logistics Property

Finland Finland — Property developer Jykia develops an ca.10,000 sqm industrial and logistics property for DBSantasalo in the Eteläportti district in Jyväskylä.
Mariette Hilmersson.

Castellum Makes Real Estate Transaction with the City of Gothenburg

Sweden Sweden — Castellum AB and the municipality of Gothenburg are carrying out a real estate transaction where Castellum is selling a property to the city in exchange for development rights in connection to Västlänken's future Station Centralen.
Castellum's CEO Henrik Saxborn opens up on the Finnish operations, since the establishment two years ago.

Castellum's Finnish Expansion Not as Expected: “Too Slow Growth in Helsinki”

Finland Finland — Henrik Saxborn, CEO of Castellum, tells Nordic Property News on the latest EUR 150 million deal in Helsinki why the competition in the city has been tougher than predicted, and investment obstacles during the current pandemic.
Philippe Cervesi, Investment Director of Corum Asset Management.

How the French Investor Acts in a ’Quiet Market’

Nordic — Philippe Cervesi, Investment Director of Corum Asset Management, on future Nordic targets, and the lack of attractive products in the investor’s focus areas.
The Nordic companies with the highest operating income, according to the latest financial reports.

Q3 Figures: The Companies with the Highest Operating Income

Nordic — Nordic Property News presents the net operating income among the Nordic property giants, during Q3.
K2A acquires from Midroc, in Uppsala.

K2A Makes SEK 470 Million Acquisition in Uppsala

Sweden Sweden — K2A has signed an agreement to acquire the properties Uppsala 50:1 and 50:2 from Midroc, where 216 rental homes and a LSS home with six homes will be developed.
Modern new apartments in a pleasant environment will be built at Linnustajankuja 2.

Lumo Kodit Agree on the Construction of 153 New Homes in Espoo

Finland Finland — Lumo Kodit Oy and Pakrak Oy have agreed on the construction of 153 apartments in Lippajärvi, Espoo.
Mikael Rånes.

Mikael Rånes Appointed Acting CEO at Amasten

Sweden Sweden — The Board of Amasten announces that Mikael Rånes has been appointed Acting CEO, in connection with Jan-Erik Höjvall now retiring.
Thorsten Slytå's new position at Barings is now Head of Nordics.

Barings on the Offensive – Promotes Nordic Head: “Sweden Is the Main Focus”

Nordic — Thorsten Slytå, Head of Nordics at Barings, tells Nordic Property News about his new position at the global investment management firm, how the pandemic has affected his first year in the company, and what kind of assets across the Nordics they are aiming for, going forward.
Collage of Saara Viento, Trio’s Shopping Centre Manager, and the Trio mall in Lahti.

The Importance of Service Centres for the Retail Property Giant

Finland Finland — Lahti Palvelutori Service Centre, which opened in shopping centre Trio at the start of the year, will be expanded by 2,000 square metres next year. Trio’s Shopping Centre Manager Saara Viento on the future shopping centre plans: “Our main targets for the next years are to develop different parts of the centre.”
The lettable areas in the Nordic property companies.

Q3 2020: The Lettable Areas in the Nordic Companies

Nordic — Nordic Property News presents the number of properties and the total lettable area in the real estate companies on the stock exchange, according to the Q3 figures.
Henrik Saxborn, CEO of Castellum.

Castellum Purchases Property Group in Helsinki for EUR 150 Million

Finland Finland — Through a company acquisition of the Finnish real estate group Lindström Invest, Castellum has acquired a real estate portfolio in Helsinki. The transaction is carried out as a share issue in kind.

Magnolia Bostad Sells Residential Units in Gothenburg

Sweden Sweden — Magnolia Bostad is selling 180 rental apartments in the new district of Nya Hovås in Göteborg to Heimstaden Bostad. The project consists of around 11,060 sqm GFA for residential units and around 2,500 sqm GFA for retail units and a garage. The estimated property value upon completion will be around SEK 450 million.
Veidekke will build a cultural centre.

Veidekke to Build Cultural Centre in Steinkjer

Norway Norway — Veidekke has signed a contract with Steinkjer kulturbygg AS to build the new cultural centre in Steinkjer in northern Trøndelag.
Zsar Outlet Village.

Major Footfall Drop for the Outlet Near the Russian Border

Finland Finland — Zsar, the designer outlet village on the Russian border in Finland, opened in November 2018. 2020 has truly been a tough year for the retail outlet, with a dismissed CEO, followed by the Covid-19 pandemic. Petteri Terho, Interim Director, tells about the chaotic year of 2020, and future targets in challenging times.
Sverker Källgården, CEO of Cibus Nordic Real Estate.

How Cibus Will Continue the Nordic Expansion

Nordic — Cibus’ CEO Sverker Källgården: “We are monitoring new geographies but…”
Nordic Property News presents the listed property companies' rental income.

They Have Increased Their Rental Incomes the Most So Far in 2020

Nordic — Nordic Property News presents the Nordic listed property companies' rental income for the first nine months of 2020.
The property is under construction.

Belgian Investor Enters Finland – Acquires Healthcare Property in Vaasa

Finland Finland — Cofinimmo is listed on Euronext Brussels and the transaction with FinCap is the company’s first investment in Finland. The property has been fully leased to Mehiläinen with a long lease agreement.
The Norwegian property, purchased by Corum AM.

Corum Makes Two Nordic Investments

Nordic — Corum has acquired a mixed use property located in Sandnes outside of Stavanger, Norway and a retail asset in Lempäälä in the Tampere area, Finland. The assets comprise ca 16,400 sqm of lettable area.

NCC Signs Contract for Liseberg’s New Water Park

Sweden Sweden — NCC and Liseberg amusement park have signed a contract for the construction of a new water park. The assignment is through the development company Liseberg Skår AB and the order value is approximately SEK 700 million.
Which companies have divested the most in the first three quarters in the Nordics?

These Companies Are the Top Sellers So Far in 2020

Nordic — Nordic Property News presents how much the listed Nordic real estate companies divested in the first nine months of 2020.

Swede Appointed Head of Nordics for Nuveen

Nordic — Per Frederiksen has decided to pursue a career outside Nuveen – this is the Swedish successor.