Salto Eiendom and Scala Retail Property Merge
The two shopping center companies Salto Eiendom and Scala Retail Property merge to form Norway's fourth largest retail owner.
Skanska Sells Logistics Facility in Arlandastad
Skanska has sold a logistics facility to be built in Arlandastad, Sigtuna, for about EUR 23M. The buyer is Logicenters.
YIT in Several Apartment Building Projects
YIT has started several apartment building projects during April and May. The largest of the started projects include Helsingin Pikkutylli, Kauniaisten Kreivi and Vantaan Koukku, among others, with value of approximately EUR 50M in total.
Why Balder Enters Germany
The company's CFO Marcus Hansson explains to Nordic Property News why they view the hotel portfolio as the optimal step into the country: "There could definitely be more acquisitions."
Amasten on the Hunt for More
Amasten's Jan-Erik Höjvall tells Nordic Property News about the company's largest transaction of all time - and the plans for new business areas.
New CEO of Cushman & Wakefield Realkapital
Anders Solaas has been appointed as CEO of Cushman & Wakefield Realkapital in Norway. He joins from Entra ASA, where he has had a leading role as Head of Leasing and property development.
Rikshem Buys in Älvängen for EUR 30M
Rikshem has bought a combined retirement home and rental apartments for senior citizens in Älvängen, outside of Gothenburg, from Skanska.
Skanska Builds Education Facilities for the University of Bergen
Skanska has signed a contract with the University of Bergen to build a new education facilities at the campus area in Bergen, Norway. The contract is worth MNOK 295 (EUR 31M).
Herning Municipality Buys From Blue Cross
The municipality has reached agreement with Blue Cross Denmark about the price of buying properties in Herning, which houses a heating room. With the demolition of existing buildings, the project is impacting almost MDKK 6.
Why Wallenstam Believes a Housing Crash is Coming
CEO Hans Wallenstam tells Nordic Property News why he believes a crash in the housing market is coming – and when.
Klövern's Investment Goal for the Hot Danish Market
Klövern keeps up the pace in Denmark. After the company’s second acquisition, CEO Rutger Arnhult tells Nordic Property News of his views on the Danish market and what real estate volume they want to reach in Denmark.
Fabege and Stordalen in New Major Project
Arenastaden is continuing to expand, and demand for hotel rooms now significantly outstrips supply, largely due to growth in Solna’s tourist and hospitality industry quadrupling since the opening of Friends Arena and Mall of Scandinavia. Fabege and Nordic Choice Hotels are now together investing in another hotel in Arenastaden to offer visitors to the district additional accommodation alternatives.
Peab Builds Airport Terminal
Peab has been commissioned to build the new airport terminal in Sälen along with the accompanying garage and infrastructure. The customer is Scandinavian Mountains Airport and the contract is worth EUR 23M.
Avara and Lehto Signs Deal for Housing
Avara and Lehto Asunnot Oy have signed a framework agreement concerning a housing portfolio which includes construction of 340 apartments in five cities around Finland. Avara acquires portfolio for Avara Asuinkiinteistörahasto I Ky -PE fund.
Regenero Finances Development Projects in Keilaniemi
Keilaniemen kiinteistökehitys Oy, a wholly owned subsidiary of Regenero, issued a senior secured bond of EUR 100M on May 31th. The bond matures in May 2021 and carries a coupon of 4.000 percent per annum. The bond issue is the first large real estate development bond in Finland.
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