ARTICLES TAGGED WITH "D Carnegie"

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.

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.

Largest Rental Income Growth in Sweden

Sweden Sweden — How was the rental income evolve for the listed Swedish real estate companies in 2017? Nordic Property News presents a list of the rental income development.

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.

"Stockholm is a Shining Star in Europe"

Sweden Sweden — At the end of 2017 D Carnegie announced the largest Swedish transaction of the year by acquiring 1,420 apartments in the Stockholm region from Akelius for SEK 2.47 billion (EUR 247M). With the aim to make 2018 as successful as 2017, Blackstone-owned D Carnegie keeps focus on Stockholm, and the city's expected population-growth.

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.

The Largest Swedish Residential Transactions

Sweden Sweden — Nordic Property News completes the breakdown of Swedish residential buyers and sellers with a list of the ten largest residential transactions in 2017/2018.

Largest Swedish Residential Buyers

Sweden Sweden — The turbulent housing market has dominated the industry news the past few months. Nordic Property News shares a unique list of the companies that purchased most residential properties in 2017/2018.

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.

D Carnegie Completes Largest Swedish Transaction in 2017

Sweden Sweden — D Carnegie has completed the largest Swedish transaction in 2017 when the acquired 27 properties from Akelius for SEK 2.47 billion (EUR 251M). In addition D Carnegie acquires four properties from Mimer for MSEK 765 (EUR 78M).

Ulf Nilsson Steps Down as CEO of D Carnegie

Sweden Sweden — Ulf Nilsson has decided to step down as CEO. Svein Erik Lilleland, currently member of the board of directors, has been appointed as interim CEO.

D Carnegie Acquires Portfolio from Balder

Sweden Sweden — D Carnegie has entered into an agreement to acquire residential property portfolios in Arboga, Köping and Tranås. The seller is Balder. The property portfolios comprises 42 properties and 1,681 apartments. The agreed property value is SEK 1.42 billion (EUR 150M) and the purchase price amounts to SEK 1.04 billion (EUR 110M). The transaction is a share deal with closing on May 2, 2017.

Blackstone to Acquire Large Stake of D Carnegie

Sweden Sweden — In July, Blackstone announced that agreements regarding 32 percent of the share capital and 40 percent of the voting rights in D Carnegie had been reached. Now, the conditions set out in the agreeements have been filled.

D Carnegie Publishes Higher Valuation

Sweden Sweden — Residential property company D. Carnegie & Co – listed on Nasdaq Stockholm – is publishing a new valuation of its property portfolio, carried out by Newsec during November, which amounts to MSEK 13,600 (€ 1,480 M). Since this valuation exceeds previously reported values by more than SEK 1 billion (€ 108M), it may constitute price-affecting information, which the company is compelled to release to the market.

D Carnegie & Co Divests Gothenburg Portfolio

Sweden Sweden — D Carnegie – listed on Nasdaq Stockholm – has entered an agreement to divest its properties in Gothenburg for MSEK 493 (€ 52M).

D. Carnegie & Co Sells Holdings in Gothenburg

Sweden Sweden — D. Carnegie & Co AB has sold a residential area in Hammarkullen outside of Gothenburg. The property comprises of approximately 890 flats with a total leasable area of 65,000 square metres. The underlying property value is approximately MSEK 500 (€54M).

Patrizia Divests Three Properties in Stockholm

Sweden Sweden — D Carnegie & Co – listed on Nasdaq First North Premier in Stockholm – has acquired three properties in the Greater Stockholm region from German Patrizia.