Logistea Sells to Blackstone

Sweden Sweden — Logistea includes a letter of intent with real estate funds managed by Blackstone regarding a potential sale of the company's only property at a property value of approximately MSEK 841.

Nyfosa Divests Logistics Portfolio for SEK 2.1 Billion to Blackstone

Sweden Sweden — Nyfosa has signed an agreement with real estate funds managed by Blackstone to divest a logistics portfolio for an approximate value of SEK 2.1 billion, in accordance with a previously announced letter of intent. With this divestment, Nyfosa is paving the way for new acquisitions with a focus on growing strong and stable cash flows.

The Blackstone-Owned Logistics Company’s Nordic Targets

Nordic — Mileway’s Head of Nordics, Tomas Beck: “We are focused on building a portfolio of high-quality, well-located assets.”

Blackstone’s Logistics Company Strengthens the Nordic Team

Nordic — Experienced Asset Manager has been recruited to key position at Mileway – the pan-European last mile logistics real estate company, owned by Blackstone.

Blackstone Makes New Swedish Acquisition

Sweden Sweden — HIG divests a logistics property in Kungsbacka, south of Gothenburg, to funds managed by Blackstone.

Blackstone’s Actions in Finland Due to Covid-19: “Challenging Times”

Finland Finland — Sponda, owned by the US giant Blackstone, shares their view on the corona consequences in their Finnish business. CEO Christian Hohenthal: “We are working closely with our tenants.”

Blackstone: ”We Remain Positive on the Long-Term Outlook for the Nordics”

Nordic — James Seppala, Head of Real Estate Europe at Blackstone, on the immediate investment effects due to the outbreak of the coronavirus and the latest investments across the Nordic region.

Cromwell Sells Portfolio to Blackstone

Denmark Denmark — Cromwell European Real Estate Investment Trust has completed the sale of 12 assets in France, Denmark and the Netherlands for EUR 65.7M to funds advised by affiliates of Blackstone.

NREP Sells Eleven Properties to Blackstone

Nordic — NREP is now selling 11 selected logistics properties in the Nordics. The divestment will enable a strategic renewal of the Logicenters portfolio, including investments in new developments and acquisitions across the Nordics.

Blackstone's Logistics Company Appoints Nordic Head

Nordic — Mileway strengthens its team in the Nordics by hiring Regional Manager.

Blackstone on the Swedish Deal: ”A Historical Performance”

Sweden Sweden — Blackstone Group's CFO Michael Chae gives his first comments about the succesful journey with Hembla in Sweden and the total return of the investment.

JLL’s Finnish CEO on the Blackstone Appointment

Finland Finland — JLL Finland’s Christian Hohenthal leaves the company after just six months as CEO – to join the Blackstone owned Sponda. To Nordic Property News he tells about his decision: ”It is an iconic company.”

Christian Hohenthal Leaves JLL for Blackstone Company

Finland Finland — JLL has announced that Tero Lehtonen has been appointed as CEO of JLL Finland to succeed Christian Hohenthal who will leave in January 2020 to join Sponda plc as CEO. Sponda is majority owned by real estate funds managed by Blackstone.

Vonovia: “This Is Very Important for Us”

Sweden Sweden — Nina Henckel, Head of Corporate Media at Vonovia, tells Nordic Property News about the successful mandatory cash offer of Hembla, the German giant’s expansion plans in Sweden and whether Vonovia was surprised over the independent committee’s initial statement over the bid.

Nordika and Partners Group Divests to Blackstone JV

Sweden Sweden — The property is fully let with a lettable area of approximately 13,000 square meters of logistics and light industry in Stenvreten's industrial area in the city of Enköping.

Vonovia Gets Competition Clearance to Acquire Blackstone's Hembla Shares

Sweden Sweden — Vonovia can now complete its acquisition of 69.3 percent of the voting rights (61.2 percent of the share capital) in Hembla. That means that Vonovia will be Sweden's largest residential company.

The Foreign Owners in the Real Estate Companies

Nordic — Nordic Property News presents the foreign holdings in the Nordic listed real estate companies.

Hembla’s CEO on the Blackstone Divestment to Vonovia

Sweden Sweden — “Vonovia is the indisputable leader and has the best-in-class management across Europe,” says Svein-Erik Lilleland.

Blackstone Appoints COO to 360 North

Denmark Denmark — 360 North continues to strengthen its leadership and organization, and as part of it, Kenneth Ohlendorff has been named COO and Executive Board member.

The Blackstone Company’s Logistics Targets in the Nordics

Nordic — Blackstone has launched Mileway – the largest last mile logistics real estate company in Europe. CEO Emmanuel Van der Stichele tells Nordic Property News about the Nordic expansion plans and what attracted him to join the Blackstone team.

Why Blackstone Terminates Purchase Agreement in Denmark

Denmark Denmark — Frederiksberg Housing Fund and Blackstone’s Danish residential platform 360 North has entered into an agreement to terminate a purchase agreement in Denmark. Flemming Brank, Chairman of the Frederiksberg Housing Fund, and 360 North’s CEO Lars Pærregaard on the decision.

Why Sweden Attracts the German Giant

Sweden Sweden — After the major purchase of Hembla from Blackstone: Vonovia’s CEO Rolf Buch tells Nordic Property News about the future in Sweden. “We have demonstrated that our business model works outside Germany.”

"Blackstone Has Made a Great Journey"

Sweden Sweden — Peter Wiman, Head of Research at Savills Sweden, on Vonovia's acquisition of Hembla from Blackstone and whether this will attract more international investors to the Swedish residential market, going forward.

Blackstone Sells Its 61 Percent Stake in Hembla to Vonovia

Sweden Sweden — Blackstone announce the sale of their 61 percent shareholding, which controls 69 percent of the voting rights, in Hembla to Vonovia, for SEK 215 per share.

Blackstone: “The Nordics Remain a Core Region”

Sweden Sweden — James Seppala, Head of Real Estate Europe at Blackstone Group, on the major purchase from the real estate legend Rutger Arnhult, why they will continue to invest in Sweden in the future and how important the Nordic region is for the investment giant.