ARTICLES TAGGED WITH "Balder"

Karlatornet Is Now the Tallest Building in Scandinavia

Sweden Sweden — After reaching 193 meters, Balder and Serneke's Karlatornet in Gothenburg, which is still under construction, is now the tallest building in Scandinavia.

Swedish Giant Increases Holding in Finnish Residential Developer

Finland Finland — Purchases stocks worth nearly EUR 4.6 million.

Balder Makes New Acquisitions in Hot Segment

Nordic — The Swedish giant expands the portfolio.

Balder’s Associated Company Trenum Sells Properties to the Swedish Fortifications Agency

Sweden Sweden — Both of the properties for police operations in Sörentorp that Fastighets AB Balder has managed since 2014 are now being sold to the Swedish Fortifications Agency.

Balder and Stockholms Travsällskap in New Collaboration on the Development of Solvallastaden

Sweden Sweden — Fastighets AB Balder and Stockholms Travsällskap (Stockholm Trotting Society) are starting a joint venture company with the intention of developing a further three blocks and 500 apartments in Solvallastaden.

Ewa Wassberg Appointed New Head of Finance at Balder

Sweden Sweden — Balder has appointed Ewa Wassberg as the new Head of Finance. She joins Balder from Fabege and replaces Marcus Hansson, who left the company due to the ruling regarding insider trading in the Collector share.

After the Prison Sentence: Balder's Head of Finance Resigns

Sweden Sweden — Marcus Hansson leaves his employment at Balder. CEO Erik Selin: "I am disappointed and surprised by the verdict."

How the Balder Managers Were Convicted

Sweden Sweden — Prosecutor Pontus Hamilton: "None of them have been able to give a reasonable explanation."

Balder Executives Sentenced to Prison

Sweden Sweden — Head of Finance Marcus Hansson and former CFO Magnus Björndahl get 1 year and 3 months and 1.5 years in prison respectively, for insider trading.

Balder's Ambitions for the Hot Segment

Nordic — Balder has started to list industrial and logistics as its own property category in the financial reports. CEO Erik Selin explains why and shares his view of Balder’s growth ambitions in the scolding hot segment.

Balder Strengthens Team in Southern Sweden

Sweden Sweden — Balder strengthens the team in southern Sweden with new hire.

Balder Completes New Acquisition in Gothenburg CBD

Sweden Sweden — Balder adds new piece to their Gothenburg portfolio.

Where Serena Properties Looks for New Acquisitions

Nordic — Serena Properties continues to strengthen its portfolio with new acquisitions. CEO Marc von Melen tells Nordic Property News about the opportunities opened up by the new ownership picture, the future of the Heron City area, about the distribution between Sweden and Finland in the portfolio and about possible Norwegian and Danish entries.

Serena Properties Acquires Heron City

Sweden Sweden — Serena Properties has acquired Heron City in Stockholm. Seller is a joint venture owned by CapMan, Varma and Cavendo.

Convendum Established New Coworking Spaces in Stockholm

Sweden Sweden — Convendum signs agreement with Balder and establishes coworking spaces in Spårvagnshallarna.

Balder and Next Step Group to Develop New Logistics Hub

Sweden Sweden — Link40 is the name of a new, major goods and logistics hub that the property company Balder and the urban developer Next Step Group is establishing in Mölnlycke.

Balder Makes Major Porsche Facility Investment

Sweden Sweden — In a major joint investment in Linköping, the property company Balder is constructing six new full-service facilities for Hedin Mobility Group AB.

Balder Acquires in Finland and Norway

Nordic — New pieces added to Balder's Nordic puzzle.

Balder Makes New Large Company Investments

Nordic — Balder takes full control over retail property company – reclassifies Swedish up and comer.

Balder and Serneke Construct the Aries Block in Karlastaden

Sweden Sweden — Fastighets AB Balder and Serneke are establishing another joint venture development company to continue the collaboration in Karlastaden, Gothenburg. This time, the joint venture companies will develop the Aries block in Karlastaden involving approximately 190 apartments.

Balder to Develop Salem’s Town Centre Outside Stockholm

Sweden Sweden — The property company Balder is one of three actors that have obtained a land allocation and, among other things, is planning three residential blocks with about 350 apartments and a new civic hall in Salem’s new town centre.

"Competition Is Getting Fiercer"

Finland Finland — Antti Aarnio takes the helm at the Finnish residential giant Sato on a permanent basis after a year as acting CEO. He tells Nordic Property News about the state of the Finnish residential market and about Sato’s goals for 2022.

“Oslo Areal Has Been on Our Target List for Many Years”

Norway Norway — Entra’s CEO Sonja Horn on the major acquisition of Oslo Areal’s portfolio; why it is a perfect match, the input from the major owner Balder, and the increased attractiveness for Entra as a company.

Balder Makes New Acquisitions in Hot Segment

Sweden Sweden — Balder continues to expand the portfolio with new acquisitions.

Balder's Offer Price for Entra: NOK 202.50

Norway Norway — Balder is launching a mandatory offer to acquire all the shares in Entra that are not already owned by Balder.