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Mikael Söderlundh, Head of Research at Pangea Property Partners.

”A Great Need for Investments in That Sector”

Nordic — Mikael Söderlundh, Head of Research and Partner at Pangea Property Partners, shares his view on the transaction year, which sector that attracts investors and why new records are expected on the very strong Nordic real estate market in 2020.
Jens Engwall (CEO of Nyfosa) and David Mindus (CEO of Sagax).

Nyfosa and Sagax to Propose Dividend in Kind of Shares in Torslanda Property

Sweden Sweden — The Board of Directors of Nyfosa and Sagax intends to propose their Annual General Meetings to resolve on a dividend in kind in the form of shares corresponding to 15 percent of the total number of shares in Torslanda Property Investment. Söderport is owned equally by Nyfosa and AB Sagax.
NCC secures a SEK 1 billion order in Denmark.

NCC to Refurbish Housing Units for SEK 1 Billion

Denmark Denmark — NCC has won its single largest refurbishment project in Denmark to date, with a new phase of the refurbishment of row houses in the Albertslund Syd residential district for Bo-Vest. Worth approximately SEK 1 billion, the contract encompasses 503 row houses and extends for just over three years beginning in February 2020.
Jesper Göransson, CEO of Peab.

Peab Proposes Distribution of Newly Formed Real Estate Company

Sweden Sweden — In addition to the ordinary dividend Peab’s Board has decided to propose an extra distribution of all the shares in a newly formed company holding Peab’s wholly owned, fully developed commercial properties to the Annual General Meeting.
F. Scott Ball, CEO of Citycon.

F. Scott Ball: ”Foolish Not to Buy the Assets”

Nordic — The retail property owner Citycon’s CEO F. Scott Ball on the Q4 figures, targets for 2020 and why the company purchased three assets in Norway despite claiming being a net seller.
Jani Nokkanen, CIO at NREP: "Having a foothold in London brings us closer to our investors and to financing partners."

Why Brexit Doesn't Concern NREP

Nordic — The Nordic real estate investor NREP establishes an office in London. Jani Nokkanen, Partner and CIO at NREP, on the decision: ”London is still the financial hub of Europe.”
Erik Ranje is the new CEO of Stendörren.

Erik Ranje Appointed New CEO of Stendörren

Sweden Sweden — The Board of Stendörren Fastigheter has appointed Erik Ranje as new CEO of Stendörren Fastigheter.
Tigergården.

Skanska Invests NOK 470 M in the Sixth Phase of Residential Project

Norway Norway — Skanska invests NOK 470 M, about SEK 500 M, in the sixth phase of the residential project Ensjø Torg in Oslo, Norway. The construction contract is worth NOK 372 M, about SEK 400 M.
Stovner Senter.

Citycon Acquires Three Shopping Centres in Norway

Norway Norway — Citycon has agreed to acquire the remaining interest in Sektor Portefølje II AS, a portfolio of three shopping centres in Norway. The transaction consists of three assets, Stovner Senter, Torvbyen and Markedet.
Emanuele Bena is first non-Nordic partner in NREP.

NREP Opens Office in London: ”The Approach to Real Estate Is Changing”

Nordic — NREP, the Nordic real estate investor and innovator, makes its first hire in London and establishes an office in the UK capital. Emanuele Bena, formerly J.P. Morgan’s Executive Director in Real Estate & Lodging Investment Banking in EMEA, joins NREP as Partner and Head of Capital Markets. He tells Nordic Property News about his new job and future challenges for the property owners in the Nordics.
Sharam Rahi does not know how long he will remain as Sato's CEO.

The Finnish Challenges for the Swedish CEO

Finland Finland — Balder’s Deputy CEO Sharam Rahi tells Nordic Property News about his position as CEO of Sato, the changes in the management and how he manage the dual positions.
Peter Winther, CEO of Colliers International Denmark, on the Copenhagen market.

Colliers International: These Are the Most Attractive Sectors in Denmark

Denmark Denmark — Peter Winther, CEO of Colliers International Denmark, on why the global capital will continue to increase in Denmark and why the transaction volume decreased, last year.
Mikael Granath, CEO of Willhem.

Willhem Expands in Stockholm – Buys Residential for SEK 2 Billion

Sweden Sweden — Willhem is now further expanding its property portfolio through the acquisition of more than 870 newly-produced rental apartments in the Stockholm area. The underlying property value amounts to just over SEK 2 billion. The seller is Riksbyggen.

Fabege Signs Lease with Opera and Theatre

Sweden Sweden — The Royal Swedish Opera (Operan) and the Royal Dramatic Theatre (Dramaten) have signed a lease with Fabege to relocate parts of their operations from Gäddviken in Nacka, to Flemingsberg. The lease marks the start of the next phase of Fabege’s urban development plans in Flemingsberg.
YIT in another hospital project.

YIT Signs an Agreement on the Implementation Phase of Hospital

Finland Finland — YIT, as part of an alliance, has signed an agreement on the implementation phase of the first part of Lapland Central Hospital expansion project.
Jussi Thusberg, Partner at Avant Asset Management.

Reasons Behind the South Korean Interest for Helsinki

Finland Finland — Jussi Thusberg, Chairman of Avant AM, tells Nordic Property News about the co-operation with the South Korean investor in the Helsinki acquisition and why the Asian capital in Finland will increase.
Patrik Andersson, Partner at Brunswick Real Estate.

Possible Office Benefits in Copenhagen for Brunswick

Denmark Denmark — Brunswick Real Estate enters Denmark. Patrik Andersson, Partner, on the possibilities on the Danish market and why Jes Rovsing is the right man to manage the business.
Toldbodgade 33.

Colliers’ Copenhagen HQ to Relocate

Denmark Denmark — Denmark’s largest commercial property agent has outgrown its existing central Copenhagen premises at Palægade. In June, the Colliers head office therefore relocates to Toldbodgade 33.
Antti Asteljoki.

EVP Leaves Sato

Finland Finland — Sato’s EVP, Rental Housing Business, Antti Asteljoki has resigned and leaves the company on 4th February 2020. Sato's EVP, Investments Antti Aarnio, has been appointed also as the head of Rental Housing Business. Aarnio will take on the position without delay.
Veidekke Logistikkbygg has signed a contract with Anthon B Nilsen Eiendom to build Optimera’s new automated central warehouse in Vestby.

Veidekke to Build for Optimera in Vestby

Norway Norway — Veidekke Logistikkbygg has signed a contract with Anthon B Nilsen Eiendom to build Optimera’s new automated central warehouse in Vestby. The contract is a design and build contract valued at around NOK 220 million.
Johan Ljungberg, Helene Sundt and Olav Thon are all among the top shareholders in the Nordic real estate giants.

The Largest Shareholders in the Nordic Listed Companies

Nordic — Nordic Property News presents an updated list of the largest owners in the listed real estate companies in the Nordic region.
Tomas Carlsson, CEO of NCC.

NCC: ”We Were Concerned About Denmark”

Denmark Denmark — NCC’s CEO Tomas Carlsson on the strong comeback for the construction company and the keys for the Danish success.
Fredrik Jonsson, CEO of Niam.

Niam Acquires Retail Park in Malmö from Aberdeen

Sweden Sweden — Niam has acquired a modern and well-functioning retail park in an established micro location in Malmö. The retail park consists of four properties and ~48,500 square meters lettable area with 16 tenants.
Nordhavn.

PFA Purchases Retail Company from NREP and By & Havn

Denmark Denmark — Since 2015, By & Havn and NREP have owned, developed and operated the stores in Aarhusgadekvarteret. PFA now buys the company, but NREP retains a smaller ownership stake and will continue to be at the forefront of developing the area's retail business.
AKA and Investment Manager Hallvard Thoresen sells five properties. One of them is Ottestad Butikkeiendom AS, which houses a REMA 1000 and a Europris.

AKA Divests Five Retail Properties to Tema

Norway Norway — AKA has signed a sales contract for five properties in Norway. The sale is on 11,500 square meters of property. The buyer is Tema Eiendom.