This Is Blackstone’s Residential Focus in Denmark

Denmark Denmark — Blackstone's Danish Residential Platform 360 North's CEO Lars Pærregaard on his new position and what his main tasks will be, going forward.

Lars Pærregaard Appointed CEO of Blackstone’s Danish Residential Platform

Denmark Denmark — Blackstone announced that Lars Pærregaard has been appointed CEO of its Danish Real Estate Platform, 360 North. His appointment follows the acquisition of 360 North by real estate funds managed by Blackstone last month. Lars was formerly Investment Director of the platform.

The American Giant’s Nordic Acquisitions

Nordic — Nordic Property News lists Blackstone’s largest purchases in the Nordics, the last years.

Blackstone: “One of Europe’s Key Real Estate Markets”

Sweden Sweden — James Seppala, Head of Real Estate Europe at Blackstone Group, tells Nordic Property News about the major purchase in Sweden, the importance of the Nordic market and future investment targets.

Blackstone Acquires Large Swedish Portfolio from Corem

Sweden Sweden — Blackstone acquires a portfolio of 30 properties in Sweden from Corem. The transaction price is SEK 4.2 billion (EUR 395M).

Last Month’s Largest Nordic Transactions

Nordic — Nordic Property News lists the largest Nordic transactions in April. "An active month on the Nordic transaction market," says Mikael Söderlundh, analyst and partner at Pangea Property Partners.

Blackstone Acquires 360 North

Denmark Denmark — Blackstone acquire 360 North and integrates the company into long-term Danish residential platform.

Blackstone Acquires in Stockholm

Sweden Sweden — Blackstone and Scius Partners acquire Skjutsgossen 12 on Södermalm, Stockholm from AFA.

Blackstone and Areim Lease 8,500 sqm to Thorengruppen

Sweden Sweden — The education industry company Thorengruppen has opened the first of four schools in Tomteboda. The three other schools will move into newly refurbished and custom-made premises in stages over the next two years. The total leased area amounts to 8,500 sqm, with a lease duration of 12 years. Tomteboda is owned by Areim and Blackstone, and managed by Obligo Real Estate.

Blackstone Makes EUR 134M Acquisition in Denmark

Denmark Denmark — Blackstone acquires 424 apartments in Frederiksberg for EUR 134M from Frederiksberg Boligfond.

D Carnegie Changes Name to Hembla

Sweden Sweden — Through the proposed name change, the Blackstone company wants to further emphasize the core of its business model. The name is intended to clarify the company’s orientation and Hembla associates to something that is central in most people’s lives.

Ulf Nilsson on D Carnegie After his Departure and Why He Won’t Enter the Advisory Scene Again

Sweden Sweden — A year ago Ulf Nilsson left the position as CEO of Blackstone-owned D Carnegie after difference of opinion on how the company should be run. Now he gives Nordic Property News his views on how the company is doing without him and tells why he is not interested in entering the advisory scene again.

D Carnegie Acquires in Södertälje

Sweden Sweden — The Blackstone company D Carnegie has entered into an agreement to acquire two residential properties for MSEK 70. The properties are located in Södertälje in close vicinity to other D Carnegie properties.

Swedes in Major Transaction with Blackstone

Sweden Sweden — The privately owned Swedish real estate group Apeiron/Ailon sells 2,500 residential units to the American real estate giant Blackstone. CEO Jacob Cronstedt tells Nordic Property News of the transaction.

D Carnegie on New Investments and Tightened Competition

Sweden Sweden — After a strong opening of 2018 Blackstone-owned D Carnegie tells Nordic Property News of the plans for further growth and the tightened competition.

Blackstone-owned D Carnegie Completes New Major Deal

Sweden Sweden — D Carnegie acquires 1,274 apartments in Stockholm from Byggmästare Anders J Ahlström for SEK 1.67 billion (EUR 162M). Mikael Ahlström, the seller's chairman of the board and main owner, tells Nordic Property News of the structure of the major transaction.

Blackstone MD on the Company's Investments and Future in the Nordics

Nordic — In 2015, Blackstone re-entered the Nordic market and today controls properties with over EUR 8 billion of value – with the expectation that more will come. Michael Swank, Managing Director in Blackstone's Real Estate Group, tells Nordic Property News about the Nordic re-entry, the possibility of entering more listed companies, the CEO change at D Carnegie and their Nordic future.

New CEO at Blackstone-owned D Carnegie

Sweden Sweden — The former CEO Ulf Nilsson left D Carnegie in September of 2017. After a months as acting CEO, Norwegian Svein Erik Lilleland has now taken the CEO position full time. He tells Nordic Property News of the new role and his collaboration with Blackstone.

Areim CIO on the New Major Transaction in Sweden and the Partnership with Blackstone

Sweden Sweden — Areim complete one of the largest 2018 deal in Sweden this far when they acquired Swecohuset for EUR 172M. The company's CIO Mikael Hesselvall tells Nordic Property News about the acquisition, the collaboration with Blackstone and the possibility of a new Sponda-like deal.

Largest Swedish Transactions in 2017

Sweden Sweden — 2017 was an intense transaction year for all the Nordic countries. With the year in the books Nordic Property News can present a list of the largest transactions in all four countries - we finish the list with largest country: Sweden.

Largest Finnish Transactions in 2017

Finland Finland — 2017 was an intense transaction year for all the Nordic countries. With the year in the books Nordic Property News can present a list of the largest transactions in all four countries - today we look east to Finland.

Blackstone Takes Over Sponda

Finland Finland — Blackstone and Areim now control 98,8 percent of the shares in Finnish Sponda.

Atrium Ljungberg Buys Office Building in Gothenburg for EUR 136M

Sweden Sweden — Atrium Ljungberg concluded an agreement on acquisition of the office property Lindholmen 30:1 in the city district Lindholmen in Gothenburg. The property is being acquired for an underlying property value of approximately SEK 1.3 billion (EUR 136M). By means of the acquisition, Atrium Ljungberg is doubling its property portfolio in Gothenburg.

Rikshem Makes Large Acquisition in Umeå

Sweden Sweden — Rikshem has signed an acquisition deal of 800 apartments in Umeå. The sellers are Lerstenen Invest, Areim Fastigheter 3 and property funds managed by Blackstone.

Alecta Closing in on €1.6 Billion Sale

Sweden Sweden — Bloomberg sources say Alecta is now closing in on the divestment of their international portfolio. The purchaser is said to be Blackstone and the purchase price is USD 1.8 billion (EUR 1.6 billion).