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German Giant Looking for More Nordic Investments

Nordic — In early December Deutsche Asset Management really made their mark in Finland by acquiring the former Nokia Headquarters in Espoo, in metropolitan Helsinki. Ulrich Steinmetz, portfolio manager, Deutsche Asset Management’s open-ended real estate funds, tells Nordic Property News about German Giant’s Nordic plans.

After New Major Investment – This is Eurocommercial’s Expansion Plan

Sweden Sweden — Eurocommercial continues to reorganize their retail portfolio. After the major acquisition in Gävle the company’s Property Director Sweden shares how they handle the challenges of retail, why they are not present in the largest cities and how they wish to expand in the future.

Thon’s New Plan for Töcksfors

Nordic — Thon Property’s CEO Hallgeir Åndal on the future for Töcksfors shopping center, the significance of the border retail and why they are not looking for investments further north along the Swedish–Norwegian border.

Tomas Carlsson Named New President and CEO of NCC

Nordic — Swedish major player NCC has appointed Peter Wågström's successor. The new CEO tells Nordic Property News about his comeback at the company and the potential of NCC.

Fresh Faces to Strengthen Round Hill Capital's Nordic Team

Nordic — Round Hill Capital’s Nordic Logistics and Industrial Portfolio has strongly outperformed expectations. To strengthen and repositioning the portfolio Round Hill adds two local players to their team.

Triuva Gets Back in the Finnish Game

Finland Finland — For the first time in years German Triuva invests in Finland. Jörg Laue, Director of Investment Management, tells Nordic Property News of the key acquisition and the reason for the company's absence from Finnish transactions.

Folksam Sees Great Potential in Gothenburg

Sweden Sweden — After a major deal with Stena Fastigheter, Folksam is starting to pick up speed in Gothenburg. Lars Johnsson, Manager of Folksam Group's real estate division, tells Nordic Property News of the company's future plans for Gothenburg, the city’s attraction and why they look for off market deals.

ELF's CEO on Aberdeen Sale and the Growing Interest for Secondary Danish Cities

Denmark Denmark — ELF Development CEO Ludvig Find on the Aalborg sale, coming projects and the appeal of secondary Danish cities.

Winner and Losers on the Stock Market

Sweden Sweden — It was the best of times, it was the worst of times for the listed real estate and construction companies in 2017. Nordic Property News can now present the list of the winners and losers on the Swedish stock exchange this past year.

Swedish Giant Makes First Retail Investment

Sweden Sweden — Balder has made their first large retail property ever by paying close to MSEK 795 (EUR 81M) for 421 in Gothenburg. Erik Selin tells Nordic Property News more about the fast deal – and open up for more purchases in the new segment.

New Company Enters the Nordic Retail Market

Nordic — A meritorious group of stakeholders step into the Nordic retail market with the ambition to acquire and manage. Board member Lars Backemar tells Nordic Property News about Scandinavian Shopping Center Partners’ (SSCP) goals and strategies.

Sweden Keeps Getting Hotter to Foreign Investors

Sweden Sweden — The Swedish real estate market is becoming increasingly attractive for international investors and in 2017 more than SEK 34 billion has been pumped into the country. Savills’ Peter Wiman tells Nordic Property News why Sweden has become attractive right now.

Brexit-Fright Behind Pandox UK and Ireland Purchase

Sweden Sweden — Pandox has acquired a major hotel portfolio in the UK and Ireland. The company’s CEO Anders Nissen tells Nordic Property News how Brexit has affected Pandox and why one ignored alternative financing.

“Hard to Find Better Conditions”

Finland Finland — At the end of 2017 Sagax made yet another acquisition in Finland. The company’s CEO David Mindus summarizes 2017 for Nordic Property News, and shares the future plans for the Finnish market.

Svenska Handelsfastigheter's CEO on the Major Acquisition from Niam

Sweden Sweden — The SEK 1.6 billion (EUR 160M) acquisition from Niam was Svenska Handelsfastigheter’s second largest deal ever. The company’s CEO Lennart Sten tells Nordic Property News what the deal means to the company – and who it decreases risk exposure.

Second Time's a Charm for Savills IM and Ikea

Nordic — Savills Investment Management starts off their new Nordic retail fund through a major purchase of Ikea retail areas. The company’s Head of Nordics Peter Broström tells Nordic Property News about the process to seal the deal, what the distribution of the company’s Nordic investments will look like and how they view the future for retail.

Foreign Players Snubbed in Large Logistics Transaction

Sweden Sweden — Kilenkrysset sells five logistics properties to Catena for approximately SEK 1.1 billion (EUR 110M). The company’s Chairman Jan Persson tells Nordic Property News why he really wished to sell to a Swedish company – and what lies ahead for Kilenkrysset.

Deutsche AM on the Nokia HQ Acquisiton and Their Views of the Finnish Market

Finland Finland — Deutsche Asset Management bought the former Nokia HQ from Exilion for EUR 164M. Ulrich Steinmetz, portfolio manager, Deutsche Asset Management’s open-ended real estate funds, tells Nordic Property News what attracted them about the building and their views of the Finnish market.

American Giant on Their First Nordic Steps and Future Plans

Denmark Denmark — A major player has entered the Nordics. Blackrock Real Estate – with assets of approximately SEK 200 billion (EUR 20 billion) – enters through the acquisition of Næstved Storcenter southwest of Copenhagen. Victor Persson, Vice President of Blackrock Nordics, tells Nordic Property News about the center purchase and the company’s future Nordic plans.

“Healthy Correction of the Housing Market in Oslo”

Norway Norway — Lately there have been worrying reports of declining prices and decreasing demand on the Norwegian housing market as a result of new authority directive. But according to Pangea’s CEO Bård Bjølgerud it is more about a healthy correction.

"Germany Will Be Our Largest Market"

Sweden Sweden — After the MSEK 850 (EUR 86M) divestmet, Bonava has made an impression in Germany. The company’s CFO Ann-Sofi Danielsson tells Nordic Property News about leaving the home country and how the German market will grow for Bonava.


Major Fund Aims for Nordic Social Properties

Nordic — Infranode has closed their first fund and SEK 4.45 billion (EUR 447M) will be invested. Christian Doglia, Partner at Infranode, tells Nordic Property News how much they hope to put into social properties.

The Big Players Dominate the Stock Market

Sweden Sweden — The real estate companies keep going strong on the Nasdaq Stockholm exchange, during 2017 they have increased with an average of 9 percent. The big players keep going strong while the smaller companies outside of the main list are struggling this year. Pangea Property Partners’ Head of Research Mikael Söderlundh explains the reason behind the division to Nordic Property News.

Speculative Office Development on the Rise in Copenhagen

Denmark Denmark — A decrease in office availability has spurred a rise in speculative office development in Copenhagen. Ninna Therkelsen and Dragana Marina from CBRE analyze the new trend for Nordic Property News.

Nordic Transactions at Record Levels

Nordic — Despite the decrease on the Swedish market, the Nordic region remains at record levels for transaction volume. Pangea Property Partners’ Head of Research Mikael Söderlundh analyzes the market situation.