The Harlo.

Skanska Sells in Boston

Sweden Sweden Skanska, in partnership with PGIM Real Estate, has divested its multi-family development The Harlo in Boston, USA to Invesco Real Estate, a global real estate investment manager. Skanska’s equity ownership is 50 percent. Skanska USA Commercial Development will record the company’s portion of the divestment, USD 75M in the first quarter of 2019. The transfer of the property was completed February 2019.

Kati Kivimäki.

Kati Kivimäki Appointed New MD of Mall of Tripla

Finland Finland Kati Kivimäki has been appointed as the Managing Director of Mall of Tripla, the shopping centre that will be opened in Central Pasila in autumn 2019. She will start in the position in the spring.

Jarkko Leinonen.

"Finns See More Risks than Opportunities"

Finland Finland Hemsö has gone on a real spending spree in Finland in recent months – purchasing a portfolio in Turku and the Helsinki Court House for a total of EUR 380M. Head of Finland Jarkko Leinonen tells Nordic Property News of the attraction of Turku, why he prefers to work for a Swedish company and what Hemsö is looking for now.

Axel Wroll-Evensen

Here Is NRP's Next Investment Target

Norway Norway NRP Fund VIII has completed its final closing – above target size. Partner Axel Wroll-Evensen on the next step.

Eastnine to Acquire S7 in Vilnius

S7.
Sweden Sweden Listed Swedish Eastnine has signed an agreement to acquire Building I, II and III of S7, a newly built and sustainable A-class office park in Vilnius’ central business district for EUR 128.3M.

Logicenters Acquires Facility in Brøndby

Denmark Denmark Logicenters continues to strengthen its portfolio in the Danish market by the acquisition of a 17,400 sqm facility in the attractively located logistics hub of Brøndby. The current tenant Mediq Danmark A/S will retain its business in the property.

Hemsö Invests in Turku Technology Properties

Finland Finland Hemsö is acquiring a property portfolio with eight nursing home and health care properties in Turku, Finland, as agreed in a previously announced letter of intent. Hemsö will simultaneously invest and acquire a 34.8-per cent stake in Turku Technology Properties (TTP).

Mikko Pohjala.

Here Is the Best Market for Shopping Centers

Nordic The shopping center developer Citycon’s IR and Communications Director Mikko Pohjala on the differences between the Nordic countries, where the best market is and the ongoing e-commerce threat: “They will continue to need store space.”

Daniel Kjørberg Siraj.

Why Obos Increases Ownership in JM

Norway Norway After the latest acquistion Norwegian housing giant Obos has 20 percent of the shares in Swedish housing developer JM. CEO Daniel Kjørberg Siraj on the benefits cross-border.

Jani Nieminen (CEO at Kojamo), Arve Regland (CEO at Entra), Per Wetke Hallgren (CEO at Jeudan) and Erik Selin (CEO at Balder).

The Largest Listed Companies in the Nordic Region

Nordic Nordic Property News presents the largest listed companies in the Nordic Region – based on Market cap.

Verdion Launches New Copenhagen Logistics Development

Denmark Denmark British Verdion has launched a new development opportunity near Copenhagen, increasing its portfolio in the Øresund region and bringing much-needed warehouse space to the local market.

NRP Fund VIII Closes Above Target Size

Norway Norway Oslo-based, Nordic Real Estate alternative investment manager Ness Risan & Partners (NRP) has completed the final closing of NRP Fund VIII. Target fund size was MNOK 1,500 (approx. EUR 150M) and the fund was oversubscribed and closed at MNOK 1,600 (approx. EUR 160M). The Fund has already completed eight investments in the Nordics, and is well under way to establish a diversified portfolio both geographically and in segments.

Astel Builds Largest Modular Apartment Project in Finland

ICON Kristalli Ilves.
Finland Finland Astel, the third biggest house factories’ group in the Baltic countries, will start manufacturing one of the largest prefabricated modular apartment building projects in Finland. The new modular apartment project consists of 300 apartments in 9 apartment buildings with a total living area of 12,030 sqm and the total cost of the project is EUR 24M.

Patrick Gylling.

"He Clicks with All of Us”

Finland Finland Cibus Nordic Real Estate’s Chairman of the Board Patrick Gylling on why Sverker Källgården was appointed new CEO, the time since the resignation of the predecessor and how close the first Swedish acquisition is.

Lars Erik Lund.

“We Work Diligently to Improve Safety”

Norway Norway A successful, but also turbulent, year has come to an end for construction and building giant Veidekke. Lars Erik Lund, Executive Vice President, on the result in 2018 and the tragic incidents where two employees died in workplace accidents.