ARTICLES TAGGED WITH "Bonava"

Bonava Makes Residential Divestment to Taaleri

Finland Finland — Bonava is selling 313 sustainable rental apartments in the Helsinki region, Finland, to the investor Taaleri. The transaction includes three rental housing projects and amounts to EUR 85 million.

Bonava Acquires Approximately 235 Building Rights in Oslo

Norway Norway — Bonava has signed an agreement for the acquisition of approximately 12,000 square metres of land in the Jessheim district of Oslo, with plans to develop approximately 235 Nordic Swan ecolabelled housing units. The investment also includes approximately 4,900 square metres intended for commercial premises. The seller is a privately-owned residential developer and the transaction totals NOK 65 million.

More Units Recognised with Higher Margins for Bonava

Nordic — Bonava improves gross margin and increases profit before tax.

Bonava Sells 123 Rental Apartments in Espoo to Icecapital

Finland Finland — Bonava is selling 123 rental apartments in Espoo to the investor Icecapital Housing Fund VI Ky. The first housing units are expected to be completed and handed over to the customer in the third quarter of 2024.

Bonava to Close Operations in St. Petersburg

Sweden Sweden — The Russian invasion of Ukraine is a humanitarian crisis and Bonava sympathises with all those affected. Bonava has made the decision to close its operations in Russia.

Bonava Comments on Russian Holdings

Nordic — Bonava comments on the state of their stock in Russia.

“The Situation Is a Human Catastrophe – Direct Effect on Business Not Clear Yet“

Finland Finland — The Finnish residential developer Sato’s CEO Antti Aarnio on the Russian invasion of Ukraine, and whether a war will affect the company’s operations in Russia, going forward.

Bonava Buys Building Rights in Västerås

Sweden Sweden — Bonava has signed an agreement with Bostads AB Mimer to acquire approximately 270 building rights in Västerås. The transaction amounts to SEK 133 million.

Bonava Divests Helsinki Properties

Finland Finland — Bonava is selling rental apartments in Helsinki, to the investor Sirius Capital Partners. The transaction amounts to EUR 16 million.

Bonava Sells Residential Units in Vantaa

Finland Finland — Bonava is selling 53 rental apartments in Helsinki and 35 rental apartments in Vantaa, Finland, to the investor Icecapital. The transactions amount to EUR 24.9 million.

Bonava Acquires Approximately 370 Building Rights in Umeå

Sweden Sweden — Bonava has signed an agreement to acquire approximately 370 building rights for multi-family housing in Umeå from Motorcentralen. The final purchase price is based on the planned area for housing units and will be paid in conjunction with the zoning plan entering force, on a preliminary basis, in late 2023. The start of construction is planned for 2024.

Bonava Divests Copenhagen Assets to Ikano Bolig

Denmark Denmark — Bonava has signed an agreement to divest its remaining land bank in Copenhagen, Denmark, to Ikano Bolig A/S for a cash purchase price of SEK 545 million.

Bonava Appoints SVP, Human Resources

Sweden Sweden — Bonava has appointed Anna Wenner as new Senior Vice President for Human Resources of Bonava AB and a member of the Executive Management Group.

Business-Unit President to Leave Bonava

Nordic — Kristina Olsen has decided to leave Bonava and her role of BU President of Bonava Norway to work with an external assignment. Jonas Granström has been appointed Acting BU President and member of the Executive Management Group.

After the Danish Divestment: How Bonava Moves Forward

Nordic — Bonava's CEO Peter Wallin on what market they see greatest growth opportunities, why Norway is considered as an independent market from now, and his view on Sweden.

Bonava Acquires Building Rights from Ikano Bostad

Sweden Sweden — Bonava has signed an agreement to acquire 29 building rights for single-family housing in Ältadalen, Nacka, Stockholm, from Ikano Bostad.

Why Denmark Is Not of Expansion Interest for Bonava

Denmark Denmark — Bonava’s Peter Wallin on his first months as CEO, and the decision to wind down the Danish operations: “Plenty of time and space to grow in Denmark, but…”

Bonava Winds Down Danish Operations

Denmark Denmark — Bonava has decided to wind down its operations in Copenhagen and exit the Danish market in order to increase efficiency and profitability in the Group.

Bonava Sells to K2A

Sweden Sweden — Bonava Sells 83 Rental Apartments in Umeå to K2A.

Bonava Sells 72 Rental Apartments in Helsinki

Finland Finland — Bonava is selling two rental housing projects comprising a total of 72 rental apartments just west of Helsinki to the investor Taaleri Vuokrakoti Ky Fond. The housing units are expected to be handed over to the customer and recognised in profit in the second and third quarters of 2022.

Bonava Sells 138 Rental Apartments in Helsinki

Finland Finland — Bonava is selling 138 rental apartments in Helsinki, Finland to the investor Icecapital Housing Fund VI Ky. The housing units are expected to be handed over to the customer and recognised in profit in the second quarter of 2023.

Bonava Sells 110 Rental Apartments in Helsinki

Finland Finland — Bonava is selling 110 rental apartments to the investor Icecapital Housing Fund V in Helsinki. The housing units are expected to be handed over to the customer and recognised in profit in the fourth quarter of 2022.

Bonava Appoints New Business Unit President in Finland

Finland Finland — Riku Patokoski has been appointed the new Business Unit President of Bonava Finland and member of Bonava’s Executive Management and will take office not later than 1 June 2021.

Peter Wallin Appointed New CEO of Bonava

Nordic — The board of Bonava has appointed Peter Wallin as the new President and CEO. Peter Wallin will take up his position no later than 1 February 2021 and will succeed Joachim Hallengren.

Bonava Sells 131 Rental Apartments in Turku

Finland Finland — In two separate transactions, Bonava has sold a total of 131 rental apartments to the real estate fund of the investment company eQ in Turku. The two projects are expected to be handed over to the customer and recognised in profit in the fourth quarter of 2021.