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.

Balder to Develop New Hot Area in Denmark: “Secures a Good Mix”

Denmark Denmark — Flemming Joseph Jensen, CEO of Balder Denmark, on the residential targets across the country, and how the Swedish giant’s Danish subsidiary has performed during the pandemic.

Balder Is Constructing Apartments on Kungsholmen in Stockholm

Sweden Sweden — In one of Stockholm’s best locations, on expansive Kungsholmen, the property company Balder is constructing “Fabrique 46” – almost 140 modern and well-planned apartments close to greenery, water and the city.

S&P Changes Balder's Outlook Due to Mandatory Entra Bid

Nordic — S&P has announced that they confirm Balder's BBB rating but revise the rating outlook to negative from stable. The revision is related to Balder's intention to make a mandatory offer for the remaining shares in Entra and uncertainty regarding the initial financing structure.

“We Have a Good Dialogue with Our Major Shareholders”

Norway Norway — Entra’s CEO Sonja Horn on the mandatory offer from Balder.

Balder Acquires Additional Shares in Entra

Norway Norway — The Swedish property giant intends to make a mandatory offer.

Balder Breaks Ground on New Housing in Östermalm

Sweden Sweden — Tuesday was the construction start for the CAPREA housing project in Östermalm, where Balder will build 28 apartments, approx. 300 sqm of retail space on the ground floor and parking places in the basement.

The Finnish Balder Company’s Residential Targets

Finland Finland — Arto Aalto, Vice President, Investments at Sato, on the current state of the Finnish residential market, where they look for future assets, and the attraction to Vantaa.

Serneke Forms JV to Continue the Development of Karlastaden

Sweden Sweden — Serneke and Fastighets AB Balder are forming a joint company to continue their collaboration in the Karlastaden district. The company will develop three buildings in the district, comprising a total approximately 45,000 square meters GFA and approximately 450 apartments.

Balder in Collaboration to Construct Stockholm’s Tallest Residential Building

Sweden Sweden — Balder is establishing a Joint company together with VästkustStugan, Mjöbäcks Entreprenad and Innovation Properties with the goal of constructing Stockholm’s tallest residential building.

With Two Swedish Main Owners: Here Are Entra’s Future Targets

Norway Norway — Entra’s CEO Sonja Horn on the closing of the major acquisition in Oslo, investment targets going forward, and the close dialogue with the Swedish main owner and whether that is affecting the business strategy.